Archive for November 2010
Tournament Club of Iowa closes, looks for new management
Tournament Club of Iowa, a golf course designed by Arnold Palmer and developed by Knapp Properties Inc. and Enebak Construction of Minnesota, has laid off all of its employees and will begin searching Friday for …
Read MoreForeclosure activity down in October, partly due to stalled processing
The number of U.S. homes taken over by banks fell by 9 percent in October, according to real estate data company RealtyTrac Inc.
Lenders foreclosed on 93,236 U.S. residence properties, down from a record high …
Read MoreFederal deficit reduction plan met with immediate opposition
A plan offered by the leaders of President Barack Obama’s commission to reduce the federal deficit might work. It just isn’t likely to happen, according to Bloomberg.
The co-chairmen proposed a $3.8 trillion deficit-cutting plan …
Read MoreSpeedway fund raiser lets donors drive on track
The Iowa Speedway in Newton is combining with Combat Hunger for a fund-raising effort on Saturday.
With a minimum $10 donation, anyone age 18 or older can drive their vehicle around the 7/8-mile racetrack from …
Read MoreThree energy projects receive grants
The Iowa Power Fund Board approved a total of $4.2 million for three energy projects.
Ames-based AmbroZea Inc. was awarded $1.5 million to apply high-protein expression biotechnology to optimize multi-tasking yeast for commercial development in …
Read MoreImmigrant business owners to meet Saturday
More than 40 countries will be represented at the Immigrant Entrepreneurs Summit (IES) on Saturday.
The summit, which runs from 9 a.m. to 4 p.m. at Drake University’s Olmsted Center, is designed to bring together …
Read MoreStudy: 48 states losing jobs at faster pace under Obama
Forty-eight states have been losing jobs at a faster pace under President Barack Obama than under former President George W. Bush, according to a study done by Buffalo-based business journal Business First.
Iowa was one …
Read MoreGeneral Growth exits bankruptcy, spins off new company
General Growth Properties Inc. has emerged from bankruptcy and split itself into two companies, Bloomberg reported.
The company said it spun off Howard Hughes Corp., an owner of master planned communities and other properties, which …
Read MoreCommercial mortgage, construction loan delinquencies rise
The delinquency rates for commercial mortgage and construction loans rose in the third quarter, according to preliminary estimates by Foresight Analytics.
Construction lending delinquencies, including commercial and residential loans, were up to an estimated 19.5 …
Read MoreHubbell to rebuild Plumwood Terrace
Hubbell Construction Services, a division of Hubbell Realty Co., recently began reconstructing Plumwood Terrace Condominiums in Urbandale. In July, a fire destroyed the entire third floor and portions of the second and first floors of …
Read More