(To read more on the multifamily market, click here.)

(Natalie Keith is a contributing writer to GlobeSt.com.)

HOWELL, MI-Developer Jim Lamb raised $5.65 million at an April 1 auction where 47 properties were sold, including condominiums, condominium development sites and vacant land in the I-96 corridor stretching from Woodruff Lake in Brighton to Lansing. GlobeSt.com first reported on Lamb's auction inventory in March.

Lamb put 55 properties on the market during an auction managed by Gadsden, AL-based J.P. King Auction Co. More than 400 people attended the event held at the Rock Financial Showplace in Novi.

Recommended For You

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.