Richland
Richland, MI · Real Estate
MLive
Why this Muskegon Lake development is fighting lenders in Florida court
Another bank has initiated legal action to foreclose on Adelaide Pointe’s multiuse property in Muskegon. Developer Ryan Leestma, who is undergoing Chapter 11 bankruptcy proceedings following a dispute with another lender, is seeking an emergency stay from the court to block the foreclosure. Here are five takeaways from the...
connectcre.com
ICP Acquires 427K-SF Corporate Campus in Kalamazoo
Industrial Commercial Properties LLC (ICP) has acquired 1 Financial Parkway, a three-building, 426,788-square-foot corporate campus situated on 55 acres in Kalamazoo, Michigan. “We continue to see opportunities where good real estate can be repositioned to serve new companies and new uses. We have invested successfully in Michigan for years, and...
wgvunews.org
Adelaide Pointe developer fights foreclosure attempt amid ongoing bankruptcy proceedings
Ludington-based West Shore Bank is attempting to foreclose on two spaces within Adelaide Pointe housing Muskegon Brewing Company and Adelaide Events. The bank is claiming that Adelaide Pointe developer Ryan Leestma’s companies owe more than $7 million in debt. Court documents filed with the U.S. Bankruptcy Court Middle District...
oceanacountypress.com
Downtown developments in Shelby to feature apartments, retail
SHELBY — Excitement is in the air as two large-scale building developments are on the horizon in the Village of Shelby. Plans for both developments offer rental units and retail space, creating up to 24 new apartments. “To the best of my knowledge, it has been three generations since...
MLive
Adelaide Pointe battles brewery foreclosure amid second lender dispute
MUSKEGON, MI — The embattled developer of Muskegon’s Adelaide is disputing with another lender over a portion of the $85 million waterfront property. Ludington-based West Shore Bank is attempting to foreclose on the multiuse building that houses Muskegon Brewing Company and Adelaide Events at 500 Adelaide Circle. The bank claims developer Ryan Leestma’s companies owe over $7 million in debt tied to the project.
MLive
Construction begins on 72-unit Lowell apartment development
LOWELL, MI — Construction is underway on a 72-unit apartment development in Lowell, with half the units reserved for middle-income households. Wheeler Development Group broke ground Aug. 26 on Lowell Flats, a three-building apartment complex at 1131 Bowes Road. The project is expected to open in summer 2027. The...
wgvunews.org
Jocelyn Benson tours Muskegon housing site, outlines plan to cut housing costs
“One of my goals as governor will be to make sure communities like Muskegon that have so much to offer the state but have been under-resourced and without a lot of attention over the last several years have attention and support to grow our economy, to create greater spaces for people to live, and regenerate this local economy.”
WOOD
indiangaming.com
Mno-Bmadsen Names Anthony Kramer COO of Manufacturing Portfolio
DOWAGIAC, MI – Mno-Bmadsen, the non-gaming investment enterprise of the Pokagon Band of Potawatomi Indians of Michigan and Indiana, has appointed Anthony E. Kramer Chief Operating Officer of its manufacturing portfolio, effective Aug. 31. Kramer brings more than two decades of manufacturing, commercial and executive leadership experience to the role.