CRE V Michigan

Detroit Commercial Real Estate Summit: More than 250 celebrate the good news

A big crowd gathers at the fourth annual summit. A big crowd gathers at the fourth annual summit.
Detroit Market Update Panel: Kevin Kovachevich, Bernard Financial, moderator; Bret Stuntz, AKT Peerless; Fred Liesveld, Newmark Knight Frank; Barry Swatsenbarg, Colliers International; Dean Kiriluk, KIRCO; and Brendan George, CBRE. Detroit Market Update Panel: Kevin Kovachevich, Bernard Financial, moderator; Bret Stuntz, AKT Peerless; Fred Liesveld, Newmark Knight Frank; Barry Swatsenbarg, Colliers International; Dean Kiriluk, KIRCO; and Brendan George, CBRE.
Detroit Downtown and Suburban Development Panel: James Meredith, Harley Ellis Devereaux, moderator; Jill Ferrari, Shelborne Development; Jim Ketai, Bedrock; Dietrich Knoer, The Platform; and Jared Friedman, Friedman Real Estate. Detroit Downtown and Suburban Development Panel: James Meredith, Harley Ellis Devereaux, moderator; Jill Ferrari, Shelborne Development; Jim Ketai, Bedrock; Dietrich Knoer, The Platform; and Jared Friedman, Friedman Real Estate.
Guests fill the conference room at the Detroit Athletic Club. Guests fill the conference room at the Detroit Athletic Club.
Jennifer Chambers, Plante Moran, Emcee; Jonathan Holtzman, City Club Apartments; Steven Chaben, Marcus & Millichap; Charles Krisfalusi, SunTrust Commercial Real Estate; and Kevin Dillon, Berkadia. Jennifer Chambers, Plante Moran, Emcee; Jonathan Holtzman, City Club Apartments; Steven Chaben, Marcus & Millichap; Charles Krisfalusi, SunTrust Commercial Real Estate; and Kevin Dillon, Berkadia.
Detroit Apartment/Multifamily Update Panel: Charles Krisfalusi, SunTrust Commercial Real Estate moderator; Kevin Dillon, Berkadia; Jonathan Holtzman, City Club Apartments; and Steven Chaben, Marcus & Millichap. Detroit Apartment/Multifamily Update Panel: Charles Krisfalusi, SunTrust Commercial Real Estate moderator; Kevin Dillon, Berkadia; Jonathan Holtzman, City Club Apartments; and Steven Chaben, Marcus & Millichap.
Bret Stuntz, AKT Peerless; Barry Swatsenbarg, Colliers International; Fred Liesveld, Newmark Knight Frank; Kevin Kovachevich, Bernard Financial; Brendan George, CBRE; and Dean Kiriluk, KIRCO. Bret Stuntz, AKT Peerless; Barry Swatsenbarg, Colliers International; Fred Liesveld, Newmark Knight Frank; Kevin Kovachevich, Bernard Financial; Brendan George, CBRE; and Dean Kiriluk, KIRCO.

More than 250 of the region's industry leaders attended the fourth annual Detroit Commercial Real Estate Summit held last week at the Detroit Athletic Club. The event, held by REJournals, featured panels focusing on the multifamily, industrial, retail and office segments. And the tone? Optimistic.

Attendees spoke of the surge in commercial leases, sales and new developments in the downtown and suburban markets. 

They also spoke of the bright future for this key Midwest city. Investors have rediscovered Detroit, and they aren't shy about pumping their dollars in the city.