Archive for May 2010
Senior living projects get funding awards
Community housing and disaster recovery funding announced this week will provide more than $3.4 million to build at least 128 senior-living apartment units in Greater Des Moines.
The awards are part of $29 million in …
Ticker: May 14
The Iowa Supreme Court ruled today that a California bank violated federal credit laws when it required the spouses of two Greater Des Moines developers to guarantee a loan that went into default. Christine Walters, …
Read MoreCEO Build Day
CEO departures on pace to eclipse 2009’s record low
The times are a-changing and so are many businesses’ CEOs.
In April, 101 American CEOs announced their departures, which was 29.5 percent higher than the 78 CEOs that left their posts in April 2009, according …
Ticker: May 13
The Iowa Racing and Gaming Commission voted today to approve one of four bids for casino licenses in Iowa, KCCI.com reported. Lyon County was the lucky winner, while Fort Dodge, Ottumwa and Tama County all …
Read MoreWhat is the value of your college degree?
Undergraduate degrees in engineering are the most valuable degrees to have based on average starting salary and average mid-career salary, according to a report by Payscale.com.
A degree in aerospace engineering topped the list with …
Read MoreSears ramps up CRE marketing efforts with launch of new site
The parent company of Sears is increasing efforts to lease or sell space as the company works to cut costs, the Washington Post reported.
Sears Holdings Corp., which owns Sears and Kmart, hopes to reel …
Grubb narrows first-quarter loss
Grubb & Ellis Co. narrowed its first-quarter loss this week, as its revenues shot up 8 percent on a year-over-year basis.
The Santa Ana, Calif.-based real estate brokerage reported a loss of $23.8 million, which …
ISU College of Engineering to cut 22 positions
Iowa State University’s College of Engineering will cut 22 administrative staff positions as part of an effort to reduce its annual budget by more than $1 million, the college announced. The announcement follows three previously …
Read MoreCrucial IRS filing deadline looms for nonprofits
Thousands of nonprofit organizations in Iowa are within days of losing their federal tax-exempt status, according to the Iowa State Bar Association (ISBA). Under a tax reform law enacted in 2006, many nonprofits that previously …
Read More