Religious Real Estate

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Tag: Redevelopment

Former Dollar Store Redeveloped into a Church Building

Posted on October 17, 2014 by Bill Skubik in Redevelopment

In March of 2012, Religious Real Estate was hired by Bacall Development (www.bacalldevelopment.com) to market their former Family Dollar Store at 2141 Puritan, Detroit. The Family Dollar Store (religiousrealestate.com/Listings/PuritanDetroit_titlepage.shtml) had closed a year earlier due to underperformance. The building was vandalized with the copper piping being stolen, heating and cooling units damaged and the roof […]

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Church Land Redevelopment Case Study

Posted on September 18, 2014 by Bill Skubik in Redevelopment

Churches often look to utilizing real estate equity when trying to increase revenue to overcome short-term cash flow obstacles. A church in Livonia, Michigan had a dramatic drop in donations due to a church split. The church building, a single-story 12,000 square foot facility, sat on four acres of land. The church property also contained […]

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