DETROIT’S MULTIFAMILY MOMENT: ARE WE POISED FOR MORE MOMENTUM?

March 10, 2020 via Heartland Real Estate Business

Detroit’s multifamily marketplace has been a bright spot for the last five to 10 years, both benefiting from and contributing to the city’s larger economic and civic renaissance. We saw the return of quality market-rate housing to the downtown Detroit market as the city navigated through bankruptcy, followed by an insurgence of businesses moving to

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Broder & Sachse Real Estate Adds Bowie Commons to Growing Grocery-Anchored Property Portfolio

June 4, 2021 via Broder & Sachse Real Estate

Broder & Sachse Real Estate, a Detroit-based full-service development company, today closed on the purchase Bowie Commons, a grocery-anchored shopping center in Fairview, TN.  Broder & Sachse Real Estate CEO Richard Broder made the announcement. Located at 7014 City Center Way in Fairview, TN (Nashville MSA), the center is situated in growing Williamson County. Bowie

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Senior regional manager joins Detroit’s Broder & Sachse

March 10, 2020 via ReJournals

Broder & Sachse Real Estate, a Detroit-based full-service development company, has hired Angela Roden as a senior regional manager, responsible for providing strategic vision and leadership to the firm’s multifamily property management operations. Roden brings more than 12 years of experience in regional, property, portfolio and asset management to her role. As senior regional manager

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Broder & Sachse Real Estate Adds The Park Place at Enterprise to Growing Grocery-Anchored Property Portfolio

January 4, 2021 via Broder & Sachse Real Estate

DETROIT, Dec. 24, 2020 — Broder & Sachse Real Estate, a Detroit-based full-service development company, today closed on the purchase of Park Place at Enterprise, a grocery-anchored shopping center in Enterprise, Alabama. Broder & Sachse Real Estate CEO Richard Broder made the announcement. Located at 847 Boll Weevil Circle in Enterprise Alabama, the center is

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News article in the Detroit Free Press

High-profile hotels, movie theater coming to Woodward in Midtown

September 6, 2019 via Detroit Free Press

Woodward Avenue is the spine of Detroit’s thriving Midtown district, yet even amid the flurry of new luxury-branded apartments and artisanal small plates restaurants, some highly visible properties along the avenue have stayed vacant or underutilized. Now, those development gaps are moving closer to being filled by new residential, retail, commercial and hotel buildings…


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Article in DBusiness Magazine

No Vacancy

June 1, 2018 via DBusiness

The region’s apartment sector is surging, having recovered from the 2008 global financial crisis and Detroit’s successful run through bankruptcy in 2014.


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Gaining Momentum

May 31, 2018 via Detroit Jewish News

JVS will recognize the passion, drive and creativity of a local business and a young professional at its annual Strictly Business Networking and Awards luncheon June 14 at the MGM Grand Detroit…


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The Influence of Innovation Design Contest

March 28, 2018 via Royal Oak Patch

Broder & Sachse Real Estate (Broder & Sachse), an innovative urban real estate development company in Detroit, is celebrating its 25th anniversary this year, marking the occasion with a sculpture design contest for students from the College for Creative Studies (CCS). Broder & Sachse CEO Richard Broder made the announcement…


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An Hour With … Richard Broder

January 3, 2018 via Hour Detroit

While the trend of co-living — a form of housing where building residents have the opportunity to engage in organized activities and shared common spaces — has gained national attention for its popularity with millennials, Richard Broder, owner and CEO of Broder & Sachse Real Estate Inc., believes the community-focused concept can be for everyone…


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Article in DBusiness Magazine

The Scott at Brush Park Receives 2 National Awards

December 14, 2017 via DBusiness

The Scott at Brush Park, a Broder and Sachse Real Estate apartment building in Detroit’s Midtown neighborhood, has earned a gold award for development and design regarding community impact from Multi-Housing News, a real estate magazine, and an additional silver award for best development from Commercial Property Executives.


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$12M renovation kicks off at The Hamilton

December 5, 2017 via Curbed Detroit

A new ballroom and fresh upgrades are on the way to The Hamilton, a Midtown apartment building formerly called the Milner Arms Apartments. The 93-unit building located at 40 Davenport opened in 1913 as the Hotel Stevenson and was placed on the National Register of Historic Places in 1997.


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News article in Crain's Detroit Business

The Hamilton apartments’ $12 million rehab kicks off

via Crain's Detroit Business

A $12 million renovation to the former Milner Arms apartment building in Midtown is officially underway. Among the improvements to the building, now called The Hamilton, are a new ballroom, new flooring and appliances in individual apartments, upgraded landscaping and updating the mechanical, plumbing and electrical systems, a news release says.


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Three tips for retailers entering nontraditional spaces

December 1, 2017 via Chain Store Age

As vertical mixed-use developments flourish and towns and cities pursue redevelopment as a way to revitalize their civic centers, retailers find themselves presented with abundant opportunities to seek expansion in “nontraditional” urban spaces. First-floor retail beneath residential or office space can be an ideal fit for urban mixed-use projects.


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The Carter Snell Skin Center – The first retail tenant opens in The Scott at Brush Park

May 17, 2017 via Haute Is...Magazine

Family, friends and guests came out in mass to celebrate the grand opening of the latest entrepreneurial spirit gracing Detroit within the newly developed apartment complex, The Scott at Brush Park. The Carter Snell Skin Center is the dream project of Dr. Brittany Carter-Snell a dual board certified dermatologist and internal medicine physician.  A native

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Article in DBusiness Magazine

Elizabeth Kmetz Named Vice President of Commercial Asset Management & Construction at Broder & Sachse Real Estate

May 15, 2017 via DBusiness

Birmingham-based development company Broder & Sachse recently announced that executive team member Elizabeh Kmetz has been promoted to vice president of commercial asset management and construction. In her role, Kmetz will be responsible for managing property operations, construction, renovations, and capital improvement projects, complex financials, acquisitions, and dispositions. Her changed title reflects a shift made

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Michigan’s Broder & Sachse names VP of commercial asset management

via Midwest Real Estate News

Elizabeth Kmetz has been promoted to vice president of commercial asset management and construction at Birmingham, Michigan-based Broder & Sachse Real Estate. Kmetz is now responsible for managing property operations, construction, renovation and capital improvement projects. Formerly serving as the director of commercial property management at Broder & Sachse, a position she took in 2014,

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Historic Renovations Help Bring Back CBD

via GlobeSt.

Developers have transformed the office market of Detroit’s CBD by renovating dozens of underutilized buildings and attracting hundreds of firms. But the now-vibrant office market has also sent ripple effects through the residential and retail sectors. The downtown has thousands of new apartments, and much like the CBD’s new office spaces, most are historic renovations

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Too Much of a Good Thing?

May 4, 2017 via Shopping Center Business

From development slowdowns to property management challenges, the perils of a recessionary cycle are well documented. What is less well understood (and often overlooked) are the structural problems and difficulties that can arise with a booming economy. Obviously, there is no developer or property manager that prefers a slowdown to a robust period of growth

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Broder & Sachse’s newest commercial partners named to top spring openings in Detroit by After 5 Detroit

March 3, 2017 via After 5 Detroit

What better way to kick off the spring than with restaurant openings, specialty coffee and even something special for your dog? Read on for openings and announcements coming to the Detroit area this Spring. La Lanterna Detroit’s old Italian restaurant, La Lanterna, is headed back to the city, and this time it’s heading for the Albert

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Article in DBusiness Magazine

City Bark Pet Boutique Opens Friday in Capital Park

February 23, 2017 via DBusiness

Detroiters now have another option when purchasing food and accessories for their four-legged friends, as Birmingham-based development company Broder and Sachse Real Estate announced The Albert’s newest tenant, City Bark, will open Friday. Located at 1222 Griswold St. in Detroit’s Capitol Park, the pet boutique will offer gourmet food and other pet products.


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Go! Sy Thai Swings Open in Capitol Park on Friday

via Eater Detroit

The anticipated downtown outpost of fast-casual mini chain Go! Sy Thai will throw open its doors on January 20 in Capitol Park, co-owner Gowhnou Lee tells Eater. The restaurant, which was originally slated to debut last fall, is located on the ground floor of The Albert near Dessert Oasis Coffee and Detroit Bikes.


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Mixed-use development The Scott at Brush Park opens in Detroit

December 28, 2016 via Midwest Real Estate News

The Scott at Brush Park, a high-end mixed-use development on Woodward Avenue and Erskine Street in Detroit, opened its doors to residents this month. The development features 199 residential units and five retail and restaurant tenants. Broder & Sachse Real Estate chief executive officer Richard Broder and Sachse Construction chief executive officer Todd Sachse welcomed

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Downtown Detroit mixed-use property opens

via Chain Store Age

The comeback of downtown Detroit, led by the expansive District Detroit project under construction, was advanced this week with the opening of The Scott at Brush Park. The upscale, mixed-use development of Broder & Sachse Real Estate and Sachse Construction is located about eight blocks north of District Detroit on Woodward Avenue.


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The Rise of the Urban ‘Lifestyle Community’

December 5, 2016 via Multifamily Executive

In urban settings across the country, the residential landscape is evolving to respond to the priorities and preferences of a population that’s increasingly focused on multifamily options that emphasize amenities, conveniences, and social engagement. Millennials and empty-nesters alike share an affinity for services and socialization options designed to suit their lifestyles. At a time when more

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News article in Crain's Detroit Business

Broder & Sachse shifts away from third-party property management

November 17, 2016 via Crain's Detroit Business

Broder & Sachse Real Estate Services Inc. is ending most of its third-party property management contracts to concentrate instead on property development. The Birmingham-based company has been active in downtown Detroit in recent years, developing The Scott at Brush Park apartments, due to open next month, and The Albert apartments in Capitol Park, among others. “We

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News article in Crain's Detroit Business

50 Names to Know in Detroit Real Estate

June 29, 2016 via Crain's Detroit Business

The dealmakers. The landlords. The developers. The financiers. The people who make things happen in metro Detroit’s commercial real estate scene. Here’s our selection of the people whose phone numbers you need on your speed dial – and how they play when they play houses and hotels on the Monopoly board at home.


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Go! Sy Thai Adding Downtown Fast-Casual Outpost

May 17, 2016 via Detroit Eater

Fast-casual Thai food empire Go! Sy Thai is headed to downtown’s Capitol Park area. Metro Times reports that the latest restaurant outpost is slated for the Albert Building, alongside fellow tenants Dessert Oasis Coffee and Detroit Bikes. Sy Thai will have a relatively small footprint with seating for 29 diners and an abbreviated menu to match.


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Mixed-Use Fits The Market

May 2, 2016 via Shopping Center Business

As the city of Detroit’s downtown real estate revitalization continues, headline projects serve as way-points on the path to progress. The latest development to make headlines is The Scott at Brush Park, a $65 million, five-story mixed-use development that includes 199 high-end residences and approximately 15,000-square-feet of first floor retail and restaurant space.    


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News article in Crain's Detroit Business

Milner Arms apartments in Midtown sells to Broder & Sachse

March 25, 2016 via Crain's Detroit Business

The 93-unit, eight-story Milner Armsapartment building in Detroit has a new owner. An entity affiliated with Birmingham-based Broder & Sachse Real Estate Services closed on the purchase of the building on the south end of Midtown, at 40 Davenport St. just west of Woodward Avenue on the north side of Martin Luther King Jr. Boulevard on Tuesday.


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Inside The Scott at Brush Park

via Curbed Detroit

A “groundbroken” ceremony took place yesterday for The Scott at Brush Park, the $65 million, 200,000-square-foot, five story mixed-use development slated to open by the end of the year. We were there for a sneak peek and some exclusive pictures.


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News article in Crain's Detroit Business

The Scott at Brush Park project to be complete by December

March 21, 2016 via Crains Detroit Business

A new apartment development with 199 units for rent and approximately 15,000 square feet of retail space at Woodward Avenue and Erskine is expected to be complete by December. Mayor Mike Duggan, executives from Birmingham-based project developer Broder & Sachse Real Estate Services Inc. and others spoke Monday morning during a media event…


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News article in the Detroit Free Press

Duggan celebrates progress at Scott at Brush Park

via Detroit Free Press

With so many of downtown Detroit’s empty buildings already being renovated, developers have begun to build ground-up projects to meet rising demand for apartments and retail shops. On Monday, Mayor Mike Duggan and other business and civic leaders celebrated one such project, the $65-million Scott at Brush Park mixed-use project.


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Todd Sachse on WJR

February 26, 2016 via WJR News/Talk Radio

Sachse Construction’s CEO Todd Sachse was recently featured on WJR! In this interview, Todd discusses The Scott at Brush Park, Detroit’s renaissance, and the increasing need for skilled trades.


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