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Sunday, 02 February 2020 16:05

More West Michigan nonprofits consolidate to drive efficiencies

Mel Trotter Ministries acquired Heartside Ministry to help improve efficiencies between the two nonprofits, which largely serve the same mission in Grand Rapids’ Heartside neighborhood.

A flood of mergers has hit the West Michigan nonprofit sector in recent months and the trend is expected to continue as more organizations of all sizes seek efficiencies through consolidation. 

Published in Nonprofits
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Tuesday, 07 January 2020 13:36

Heartside Ministry, Mel Trotter Ministries announce merger

Mel Trotter Ministries CEO Dennis Van Kampen

GRAND RAPIDS — Heartside Ministry and Mel Trotter Ministries, two nonprofits with missions concerning housing and homelessness, formally merged as of Jan. 1. 

Published in Nonprofits
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Sunday, 10 December 2017 12:57

A ‘healthy’ market: Brokers reflect on West Michigan commercial real estate deals in 2017

Real estate deals that closed this year include a $35.3 million transaction for the Metro Health-University of Michigan Health building near Cascade Road and I-96, top left; the $57 million sale of The Ridges of Cascade in Cascade Township, top middle; and the $3.75 million transaction for 1761 Airport Court in Holland, top right, 5537 Glenwood Hills Parkway for $4 million, bottom left; a $3.4 million deal for the former Klingman’s Furniture store in Wyoming, bottom middle; and a deal for a Jenison shopping center for $5.25 million, bottom right.

While inventory remains constrained, the value of commercial real estate transactions continues to gather momentum in West Michigan.

Published in Real Estate/Development
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