Archive for January 2011
IRR: CRE markets tied to employment continue to struggle
Despite showing signs of improvement last year, the commercial real estate market continues to be held back by high unemployment, REIT.com reported.
According a report released Monday by New York-based Integra Realty Resources Inc., office …
Read MoreJones Lang LaSalle to manage Harris Bank’s properties
Harris Bank has hired Jones Lang LaSalle to handle property management for its 310 banks in the Midwest, GlobeSt.com reported.
Following a decade of Jones Lang LaSalle handling facility management for the bank, it will …
Read MoreOmaha firms join forces
Two Omaha-based commercial real estate development and management firms are joining forces, the Omaha World-Herald reported. World Group Commercial Real Estate will be formed through the merger of Seldin Co., an 88-year-old family-owned firm, and …
Read MoreWoodland Apartments sold to private investor
Woodland Apartments, a 60-unit apartment property located at 4949 Woodland Ave. in West Des Moines, has been sold to a private investor for $2.9 million. Thomas DeWaay, an investment specialist with Marcus & Millichap Real …
Read MoreDes Moines University receives $2 million gift
The family of a Des Moines University alumna has pledged to donate $2 million to the university in honor of Dr. Ellen Phenicie-Schulz, who in 1920 graduated from what was then known as Des Moines …
Read MoreIowa Transportation Commission approves funding
The Iowa Transportation Commission yesterday approved more than $17.5 million in funding for projects throughout the state in five separate program categories.
The awards included:
– More than $4.6 million for projects from Iowa’s Clean …
Feds charge Schwab with misleading investors
The Securities and Exchange Commission (SEC) yesterday charged Charles Schwab Investment Management (CSIM) and Charles Schwab & Co. Inc. (CS&Co.) with making misleading statements regarding the Schwab YieldPlus Fund and failing to prevent the misuse …
Read MoreBig names to attend swearing-in while others decline
Former Gov. Robert Ray and former Lt. Govs. Joy Corning and Sally Pederson will participate in Friday’s swearing-in ceremonies for incoming Gov. Terry Branstad and Lt. Gov-elect Kim Reynolds. Outgoing Gov. Chet Culver and Lt. …
Read MoreRiver Place Project certified at LEED Silver level
The Polk County River Place Project has been certified to the LEED Silver level established by the U.S. Green Buildings Council, the Polk County Board of Supervisors announced Tuesday. The project has the highest ranking …
Read MoreFBL Financial Group to announce fourth-quarter earnings
FBL Financial Group Inc. will announce its fourth-quarter 2010 earnings after the close of U.S. markets on Feb. 3. The fourth-quarter earnings release and financial supplement will be posted on the FBL website (www.fblfinancial.com) at …
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