NAI Wisinski of West Michigan
100 Grandville SW
Suite 100

Grand Rapids, Michigan 49503 United States
t+1 616 242 1126 m+1 616 915 4656 f+1 616 776 0100
Craig
Black, CCIM
Senior Multifamily Investment Specialist

Specialties:  Investment

Background & Experience

Craig Black brings over 35 years of experience in real estate, including brokerage, development, syndication, property management and loan workouts. He successfully converted a 180 unit apartment community into condominiums. He has owned and operated a NASD Broker Dealer and a property management company. Craig has been the managing partner for several real estate limited partnerships and he understands the intricacies of owning and operating a multifamily asset. His responsibilities primarily involve working with Sellers and Buyers to consummate a transaction. He interacts with both parties and their representatives through all aspects of a sale up to and through the closing. His hands on experience is a valuable asset to the Multifamily Team and its clients.

  • Past Securities Principal; raised equity for real estate limited partnerships
  • Developer - Multifamily and single family properties
  • Property Management - Multifamily and Office
  • Loan Workouts - acted as third party negotiator to restructure debt instruments for clients.
  • Consultant/Asset Manager - determined means of creating greater asset value to clients. Helped in implementation.
Education

BA from Western Michigan University in Kalamazoo, MI MA from Western Michigan University in Kalamazoo, MI

Professional Associations & Designations
  • Specialist in Real Estate Securities (SRS)
  • Certified Commercial Investment Member (CCIM)
  • National Multifamily Housing Council (NMHC)
  • National Apartment Association (NAA)
  • Property Management Association of Michigan (PMAM)
  • Past Board Member Property Management Association of West Michigan (PMAWM)
  • Past President Commercial Alliance of Realtors (CAR)
  • Michigan Realtors National Association of Realtors (NAR)
  • Michigan Association of Realtors (MAR)
Transaction History
  • Ridges of Cascade - 237 units, $57 Million
  • Eastwood Village Apartments—72 units
  • Heartland Village Square Apartments—114 units
  • Landing Apartments—180 units
  • Oxford Place Apartments—306 units, $20.4 Million
  • Pine Lake Village Apartments—112 units
  • Westgate Village Apartments—76 units (part of 120 unit fractured condo project)
Strategic Clients
  • B&A Development
  • Bank of America
  • C-III Asset Management
  • Colony Capital
  • Brookside Properties, Inc
  • Chemical Bank
  • Eenhoorn, LLC
  • Mercantile Bank of Michigan
  • Miller Valentine Investment Property Associates
  • TIMCOR
  • Trillium Ventures MSV
  • Watermark Residential Embassy Group
  • MF Capital