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Taubman Centers, Inc. is an American real estate investment trust headquartered in Bloomfield Hills, Michigan. The company invests in shopping centers, and is a subsidiary of Simon Property Group since 2020.
In 1950, just after graduating high school, William J. Pulte and 5 friends built a 5-room bungalow near Detroit City Airport, which they sold for US$10,000. [3]In 1956, he founded William J. Pulte Inc. [4] In 1959, he built his first subdivision, Concord Green in Bloomfield Hills. [1]
Bloomfield Hills is a city in Oakland County in the U.S. state of Michigan. A northern suburb of Detroit on the Woodward Corridor, Bloomfield Hills is located roughly 20 miles (32.2 km) northwest of downtown Detroit, and is surrounded on most sides by Bloomfield Township. As of the 2020 census, the city had a population of 4,460.
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In fact, CoreLogic, a real estate data firm, predicts total home sales will increase by 9 percent in 2025 compared to 2024, according to chief economist Selma Hepp. “In addition to lower ...
Metro Detroit is home to highly successful real estate developers. Area suburbs are among the more affluent in the U.S. [30] Some of the newer multimillion-dollar estates in the metro area include those of the Turtle Lake development in Bloomfield Hills by Victor International. [31]
A mere 2.5% of America's housing stock traded hands in the first eight months this year, according to Redfin, the lowest rate in at least three decades and 31% lower than in 2019.
Taubman is on the executive board of the National Association of Real Estate Investment Trusts (NAREIT) and is a member and immediate past chairman of the Real Estate Roundtable in Washington, D.C. He is a member and past trustee of the Urban Land Institute (ULI) and founding chairman of ULI’s Detroit Regional District Council.
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