Detroit multifamily investors aren’t just underwriting cap rates anymore—they’re underwriting tax strategy. In an environment where deal economics have become more constrained, depreciation has become one of the most actively used tools to improve after-tax cash flow and preserve deal viability. Cost segregation is a tax strategy that accelerates depreciation by breaking a property into
ANN ARBOR - The City of Ann Arbor has constructed its biggest solar installation to date at Steere Farm Wells, providing power to vital city infrastructure. Steere Farm, on Ann Arbor’s south side, is one of the city’s top-10 electricity users, working to pump water uphill to the Water Treatment Facility, a critical part of
Independent review by the Citizens Research Council largely agrees with state regulators on why Michigan's electric rates remain high—but says policymakers should focus on lowering the cost per kilowatt-hour rather than average monthly bills. LANSING – Ask Michigan homeowners whether electricity has become more expensive and most won't hesitate with the answer. Absolutely. In one
LANSING – Inventory tracking failures remained the most common compliance problem facing Michigan's regulated cannabis industry, according to the Cannabis Regulatory Agency's latest monthly disciplinary report, which details enforcement actions taken against businesses across the state. The CRA's May 2026 Disciplinary Action Report, released Tuesday, summarizes administrative complaints and disciplinary actions resulting from investigations completed
New federal law begins phasing out the Biden administration's SAVE repayment program, requiring many borrowers to choose new repayment plans in the months ahead. Some could see monthly payments increase by more than $100, depending on their financial circumstances. ANN ARBOR – A sweeping overhaul of the federal student loan repayment system begins July 1,
WASHINGTON DC — The federal government spent the opening day of historic marijuana rescheduling hearings Monday making arguments that would have been almost unimaginable just a few years ago: cannabis has accepted medical use, carries lower abuse potential than drugs in Schedule I and II, and presents a lower overdose risk than opioids and alcohol.
Image credit: Unsplash The global shift to clean energy is a huge effort, and technology is right at the center of it. New ideas in software, hardware, and data science are speeding up the move away from fossil fuels. They're making renewable energy more dependable, efficient, and affordable. From AI managing complicated power grids to
MITechNews Special ReportThe Price of AI — Part 1 As lawmakers propose new restrictions, communities across Michigan are weighing billions in AI investment against concerns over electricity, water use, noise and local control. LANSING - Michigan's effort to become a national leader in artificial intelligence has entered a new phase—not over AI itself, but over
DETROIT - Getting interviewed by a television reporter, podcast host or newspaper journalist can be intimidating. A single poorly worded answer can overshadow years of hard work, while a confident, well-prepared spokesperson can build credibility, strengthen a company's reputation and even generate new business. Those are just some of the topics discussed in this MITech
LANSING – The Trump administration is urging Congress to reconsider a sweeping federal crackdown on hemp-derived cannabinoid products, offering a potential reprieve to Michigan and Ohio businesses that warned the proposal could devastate an industry created under the 2018 Farm Bill. Rather than allowing broad restrictions scheduled to take effect Nov. 12, the White House
