Kirk Pinho
Crain's Detroit Business
Detroit, MI, United States
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Past articles by Kirk:
Commercial real estate is dominated by men, but women still carving out space for themselves
Despite the strides that have been made, there is much to be done to advance women in CRE, but also people of color and the LGBTQ community. → Read More
Ford sells prominent Dearborn office building; buyer envisions large mixed-use development
Ford Motor Co. has unloaded a large Dearborn office building to a local developer who envisions a large mixed-use development starting construction in the coming two years. → Read More
West Oakland County newsweekly shuttering
Western Oakland County newspaper The Spinal Column Newsweekly says it is ceasing operations after more than six decades of publication and going up for sale. → Read More
Construction on Detroit's new Target, nearly 350 apartments to begin in December
A brownfield plan for the City Club Apartments Midtown project — which includes the small-footprint Target at Mack and Woodward avenues, plus 344 residential units across multiple buildings — says construction is expected to begin in December and wrap up in late 2024. → Read More
Part of Tel-Twelve shopping center sells for $45 million
A Chicago-based real estate private equity firm has purchased the Tel-Twelve power center in Southfield. → Read More
Former Birmingham jeweler gets max prison sentence in fraud case involving rare diamond
Joseph DuMouchelle, 61, received the maximum recommended sentence of 151 months in federal prison on one count of wire fraud, to which he pleaded guilty in September 2020. The minimum recommended sentence was 121 months. → Read More
Detroit City Council approves $60 million tax break for Dan Gilbert's Hudson's site
The Detroit City Council on Tuesday approved the 10-year abatement for the Hudson's site development at Woodward and East Grand River avenues on a 5-4 vote. → Read More
Real Estate Insider: Sheldon Yellen is reportedly buying the Townsend Hotel. Here are some challenges ahead.
The reported pending sale of the Townsend Hotel in downtown Birmingham to a well-known Oakland County businessman won't be without its challenges moving forward, assuming the deal finalizes. → Read More
Former AMC building development gets $5.1 million in state brownfield funding
The Michigan Strategic Fund has given a developer the green light to receive nearly $5.1 million in state taxes through a brownfield capture for new development on the former American Motors Corp. headquarters property in Detroit. Suburban Kansas City, Mo.-based NorthPoint Development LLC plans to… → Read More
The Platform buys out troubled Fisher Building partner
Peter Cummings' Detroit-based development firm has bought out the majority ownership interests of the troubled New York City-based developer HFZ Capital Group to become the owner, along with New York City-based Rheal Capital Management LLC, of the Fisher Building. → Read More
Le Labo latest Shinola Hotel block retailer to close on Woodward downtown
The Le Labo fragrance maker on the downtown block that also houses the Shinola Hotel recently shuttered, the third retailer to do so in recent months. → Read More
Real Estate Insider: Former Macomb Mall Sears among those listed to pay off Seritage's debt to Warren Buffett
The former Sears store at Macomb Mall in Roseville is for sale. → Read More
Royal Park Hotel in Rochester sold, will be run by Grand Hotel manager
The Royal Park Hotel in downtown Rochester has been sold to Memphis-based Fairwood Capital LLC for an undisclosed price. → Read More
Joe Barbat looks to cash out of downtown Detroit, lists trio of buildings for sale
Developer and landlord Joe Barbat is looking to exit the downtown Detroit market. → Read More
Real Estate Insider: West Village battle over 2 old houses — and what replaces them — intensifies with text messages, Nicole Curtis
A battle is underway in Detroit's West Village neighborhood, where some residents — plus Nicole Curtis, the host of The Rehab Addict and Rehab Addict Rescue on HGTV — are fighting a Detroit developer and his vision for a new four-story apartment building. → Read More
Inn on Ferry Street deal finalized with sale to new owner
The Inn on Ferry Street in Detroit's Midtown neighborhood officially has a new owner with plans to reopen it as a 33-room hotel. → Read More
Developer taking a swing at converting Lyon Township golf club into houses, townhomes
The Coyote Golf Club in Lyon Township may be turned into new townhomes and single-family residences. → Read More
Detroit building owned by The Platform to get face-lift
The Historic District Commission is scheduled to consider whether to allow Peter Cummings' real estate development, ownership and leasing firm to revamp the exterior of the Lakeshore Global building at 7300 Woodward Ave. at the northeast corner of East Grand Boulevard. → Read More
Detroit World Outreach Church for sale after missing payment post bankruptcy
A Redford Township megachurch that made headlines five years ago during an internal power struggle is heading to a public sale next month after it missed a payment stemming from its bankruptcy. → Read More
Detroit building long slated for demolition coming down
The Gateway Center building at 1101 Washington Blvd. at Michigan Avenue has long been slated for demolition. → Read More