Items Tagged with 'Scott Nurski'


Old churches provide alternative for developers

Location is often ideal as industrial buildings inventory continues to shrink.

April 12, 2019
(As seen on WZZM TV 13) As Grand Rapids’ old industrial buildings are turning into mixed-use developments, housing developers are running out of inventory. But vacant houses of worship are proving to be an attractive alternative. Read More

Real estate execs dismiss bitcoin frenzy

West Michigan leaders express concern over longevity, volatility of cryptocurrencies.

February 16, 2018
A recent collaboration between a global property marketplace and the city of South Burlington, Vermont, could be the first in a growing trend of real estate transactions being recorded on the blockchain, but don’t expect the trend to hit the West Michigan market anytime soon. Read More

Private equity changing market

High rental rates, low homeownership driven by outside investors.

October 27, 2017
After the housing crash, a new industry rose around property management that allowed single-family homes to be treated as commodities. Following the Great Recession, private equity started moving into the housing market, buying tens of thousands of homes and turning them into rental properties. Read More

Apartment construction expands in downtown GR

September 2, 2016
With homeownership rates at the lowest point in more than 50 years, apartments are the focus for many developers nationwide. Read More