
A Father's Surprise Move Shaped a Detroit Real Estate Legacy
Nearly 25 years ago, Burt Farbman surprised his sons by handing them control of the family's Detroit real estate firm. This is the story of that pivotal moment.

Caleb Foster is a correspondent for Crezzio, focusing on urban planning, community-led development, and the economic forces shaping American towns and cities. He reports on the intersection of local investment, public policy, and real estate.
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Nearly 25 years ago, Burt Farbman surprised his sons by handing them control of the family's Detroit real estate firm. This is the story of that pivotal moment.

West-central Minnesota is experiencing a real estate boom, bringing economic growth but also raising concerns about preserving the region's rural character and environment.

A 40-acre village in Pittston, Maine, known as Tut Hill, is on the market for $6 million. The property includes 21 buildings and an existing community of tenants.

A historic building at 2100 Larimer Street in Denver's Ballpark District, vacant for years, is set for a major restoration after being purchased for $1.45 million.

New Castle County's median home price dipped 1.1% to $352,500 in November, though prices remain up 8.3% year-over-year amid declining sales volume.

A Riverside County developer is set to acquire the unfinished 'graffiti towers' in downtown Los Angeles for $470 million. The KPC Development Group and Lendlease joint venture plans to complete the lu

Dallas is seeing a surge in major real estate projects, including a new Porsche dealership, a massive industrial hub, and a proposed $200 million luxury tower.

Fort Worth real estate firm M2G Ventures has rebranded its mental health nonprofit to Soar, marking a new phase of growth after raising over $2 million.

Los Angeles has launched a new ordinance to simplify converting empty commercial buildings into housing, aiming to tackle the city's housing and office vacancy crises.

Loyola University Maryland has launched a new Bachelor of Science in Real Estate to meet growing industry demand and train professionals for Baltimore's evolving market.

A major housing project in North San Jose is moving forward after an East Coast real estate group purchased the site, which is planned for over 700 new homes.

A South Florida real estate broker is making waves for an unusual side project: a family-friendly professional wrestling league in the upscale city of Boca Raton.

Plans have been filed to redevelop Oakland's 60-acre former Holy Names University campus into a 165-home community while preserving its historic chapel and theater.

Amid a severe real estate crisis, a new model of urban development is emerging in China, focusing on integrated, community-focused neighborhoods instead of empty towers.

The College Station City Council is set to review three major real estate proposals, including a new baseball complex, a mixed-use development, and a plan for the former Macy's.

Greater Cincinnati's development boom in 2026, led by the controversial Farmer Music Center on the former Coney Island site, sparks a regional debate on progress versus preservation.

Once a top destination for real estate investment, Portland has seen its appeal collapse, falling to 80th out of 81 major markets amid developer concerns.

Tampa Bay's real estate market is experiencing a massive, interconnected boom, with major development projects in Tampa, St. Pete, and Clearwater reshaping the region.

A plan for 79 affordable condos in East Hampton was withdrawn within a week following intense community opposition and a petition with nearly 3,000 signatures.

New York City has selected GFP Real Estate to redevelop an office building at 100 Gold Street into a residential complex with approximately 3,700 new homes.