SOUTHFIELD, MI-Ramco-Gershenson Properties Trust reports a boost in revenues and income in the second quarter while working on acquisitions in the second half, as well as continuing development and redevelopment projects.

TROY, MI-Deutsche Bank says Kmart's real estate is worth up to $150 per share, about double its current stock price. That opinion sparked a 14% jump in the company's stock Tuesday.

CLINTON TOWNSHIP, MI-Officials from the University of Phoenix, the nation's largest university, are currently searching for a Macomb County campus site. That could mean here or in Sterling Heights.

ORION TOWNSHIP, MI-Cobasys officials say the company will use state funds to build a $1.5-million facility here. It will relocate its research and development offices from Troy.

SOUTHFIELD, MI-Cleveland-Based KeyBank has expanded into Michigan with the purchase of 10 Sterling Bank & Trust locations. The acquired company plans to continue its commercial and residential lending base.

DETROIT-Plaza del Norte, LLC will use a $391,127 brownfield tax credit to build an international welcome center on blighted property near the Ambassador Bridge in Detroit.

DETROIT-The storied Rhinoceros Club is set to reopen within three weeks in the Harmonie Park district, an event expected to trigger additional reopenings and new openings.

ROTHBURY, MI-Double JJ Ranch and Golf Resort officials believe a $40-million expansion will greatly boost West Michigan overnight stays and nightlife. It includes 57 condominium hotel units in addition to the current 200-room hotel.