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Nick Manes

Nick Manes

Staff writer, covers real estate, economic development and small business.
Twitter: @nickrmanes
Email: [email protected]

Sunday, 15 October 2017 21:29

PE activity drives growth for Daniels’ M&A practice at Miller Johnson

While advising on more than two-dozen transactions over a 12-month period, Dustin Daniels saw firsthand the growth of private equity’s role in mergers and acquisitions in West Michigan. 

Sunday, 15 October 2017 20:00

Too much? West Michigan student housing rides the real estate development wave

The higher education student housing facilities of today have come a long way from the crowded dormitories familiar to many prior generations. 

Friday, 13 October 2017 15:56

GRAM lawsuit highlights need for nonprofit transparency

GRAND RAPIDS — In the wake of a whistleblower lawsuit filed last month by its now-fired chief operating officer, the Grand Rapids Art Museum (GRAM) has to confront allegations that members of its executive leadership misused donor-restricted funds to cover gaps in its operational budget.

Friday, 13 October 2017 10:56

Townhouse apartment project planned for Grand Rapids’ northeast side

The boom in multifamily housing continues to spread to seemingly untouched areas of Grand Rapids.

Sunday, 08 October 2017 21:28

Ashley Furniture store planned for former MC Sports store on 28th Street SE

GRAND RAPIDS — Another former MC Sports location in West Michigan could soon have a new tenant.

Friday, 06 October 2017 10:47

Meijer continues to restructure I.T. department

Supercenter retailer Meijer Inc. continues to restructure its information technology services department.

Thursday, 05 October 2017 16:16

Lawsuit alleges Grand Rapids Art Museum misused donor-restricted funds

The former COO of the Grand Rapids Art Museum (GRAM) has filed a whistleblower protection lawsuit against his former employer, alleging widespread misuse of donor-restricted funds.

Sunday, 01 October 2017 17:28

Veteran PR exec launches marijuana-focused business

When Roberta King decided it was time for a career change, she wanted to make sure her next phase involved something unique. The long-time vice president of public relations and marketing at the Grand Rapids Community Foundation ultimately decided the niche market of medical and legal recreational marijuana needed a “premier national and international communications firm.” King recruited fellow marketing and branding veteran Dottie Rhodes and the two officially launched Canna Communications LLC in late August. King spoke with MiBiz regarding the opportunities in the industry, ranging from consulting with startup businesses in the complex marijuana industry to organizing advocacy campaigns.

Sunday, 01 October 2017 17:21

Metro Health medical office facility sells for $35 million in national deal

GRAND RAPIDS — A 105,000-square-foot medical office building fully occupied by Metro Health-University of Michigan Health was acquired by new owners as part of a multi-state, 25-building property deal, MiBiz has learned.

Sunday, 01 October 2017 17:19

Lakeshore group seeks to bolster housing with new tools, grants

HOLLAND — Faced with a shortage of housing for people at various income levels, community leaders in Michigan’s fastest-growing county are exploring new ways to develop residential units.

Sunday, 01 October 2017 16:57

Channel changes? West Michigan TV stations part of planned ‘transformational’ merger that runs afoul of FCC regs

GRAND RAPIDS — The path to close a $3.9 billion transaction between two giants in the television broadcasting industry could run directly through West Michigan.

Friday, 29 September 2017 11:22

Commercial real estate brokers worry tax reform could slow key investment vehicle

Although a formal GOP tax reform bill has yet to be introduced, executives in the commercial real estate industry are already expressing concern.

Thursday, 28 September 2017 12:32

Grand Rapids Corporate Center acquired by local investor

A West Michigan commercial business park came under new ownership earlier this month.

Tuesday, 26 September 2017 15:14

Newell Brands plans $7.3 million expansion in Kalamazoo

Newell Brands Inc. plans to invest $7.3 million and create 87 new jobs as part of an expansion at its R&D facility in Kalamazoo.

Friday, 22 September 2017 10:51

RDV affiliate sells Cascade Township business park

An entity tied to Grand Rapids-based RDV Corp., a family office for the DeVos family, has sold a portion of a Cascade Township industrial park to a Detroit-area investor.

Friday, 22 September 2017 10:22

Honigman to relocate in Kalamazoo

Detroit law firm Honigman Miller Schwartz and Cohn LLP is vacating its downtown Kalamazoo office and relocating to a new office park south of the city’s central business district.

Thursday, 21 September 2017 16:33

Vacant 20-acre site in Wyoming hits the market

A long-vacant 20-acre piece of land along 28th Street SW has now hit the market for $5.1 million.

Sunday, 17 September 2017 12:41

Family-Owned Business Roundtable: Profits, preserving legacies and taking the long view

Running any business is challenging, but when you add the dynamics of family ownership into the mix, it creates an entirely different set of hurdles.

Sunday, 17 September 2017 12:38

All in the family? Not always — West Michigan family-owned businesses turn to outside leaders

Family-owned companies often do what they can to keep their businesses in the family, but at times, that’s not always prudent

Sunday, 17 September 2017 12:38

All in the family? Not always: West Michigan family-owned businesses turn to outside leaders

Family-owned companies often do what they can to keep their businesses in the family, but at times, that’s not always prudent

Sunday, 17 September 2017 12:29

Rivertown reuse? Sources: Changes needed for nearly 20-year-old Grandville mall to remain viable

With the retail sector undergoing seismic shifts to its traditional bricks-and-mortar business model, large malls and shopping centers continue to seek out new ways to remain relevant in the future.

Friday, 15 September 2017 12:39

616 Development turns to mixed-income housing to move delayed projects forward

Two previously announced mixed-use projects from 616 Development LLC appear to be moving forward, albeit with significant changes.

Friday, 08 September 2017 10:58

West Michigan economic developers will pursue secondary Amazon headquarters

West Michigan economic developers plan to jump into an already crowded pool of contenders for Amazon.com Inc.’s proposed $5 billion second headquarters.

Sunday, 03 September 2017 16:40

Public-private partnership explores $15M convention center in Muskegon

MUSKEGON — Public and private partners hope to leverage existing assets as they move ahead with plans to develop a $15 million convention center in downtown Muskegon.

Sunday, 03 September 2017 16:37

Developers slow to build new condos in downtown Grand Rapids

GRAND RAPIDS — Citing demand for more diverse housing products, developers cautiously have started exploring whether to market new condominiums for sale in Grand Rapids’ downtown district.

Sunday, 03 September 2017 15:52

Pioneering proposal: Kalamazoo becomes ‘laboratory’ for philanthropy-backed municipal finance

KALAMAZOO — About a year ago, William Johnston and Bill Parfet, two local businessmen with long-time connections to Southwest Michigan, approached the city of Kalamazoo with a potentially transformational proposal.

Friday, 01 September 2017 12:50

ICCF plans redevelopment in SE Grand Rapids

Inner City Christian Federation has proposed a mixed-use redevelopment in Southeast Grand Rapids.

Sunday, 27 August 2017 06:00

Gordon Food Service alleged to be in violation of agreement with NY municipality

BUFFALO, N.Y. — A subsidiary of Gordon Food Service Inc. could have to repay approximately $180,000 in tax breaks it received from a county in western New York.

Thursday, 24 August 2017 16:42

PACE energy financing initiative approved in Grand Rapids

The Grand Rapids City Commission adopted a measure aimed at easing the process for property owners to make energy efficiency upgrades.

Friday, 18 August 2017 12:21

New commercial building planned for Ada Township

The transformational project to reshape downtown Ada has attracted a new developer to the village.

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