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Pleasant Hill officials want residents to discuss pending comp plan

The city of Pleasant Hill will host an open house from 4 to 7 p.m. Oct. 29 at Riley Resource Group, 4400 E. University Ave., to discuss the city’s draft comprehensive plan and a parks, …
By BPC Staff | Oct 14, 2015
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CRE loans near pre-recession peak

Commercial real estate loans are on the verge of surpassing their pre-recession all-time peak of $1.731 trillion, InvestorPlace.com reported. Based on data from the Federal Reserve, loan value most recently measured $1.723 trillion, within 0.5 percent of …
By BPC Staff | Oct 14, 2015
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Loan delinquencies continue to decline

Delinquencies on commercial mortgage-backed securities dropped 6 basis points from August to September to nearly 4.5 percent for all property types, according Fitch Ratings, National Real Estate Investor reported. Year-over-year, the CMBS delinquency rate for all properties …
By BPC Staff | Oct 14, 2015
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REG expects higher losses; Geismar plant to reopen in January

Ames-based Renewable Energy Group Inc. expects to report a higher than expected net loss of $9 million to $15 million for the third quarter. Non-GAAP earnings before taxes and depreciation and amortization are expected to …
By BPC Staff | Oct 14, 2015
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Warren County small business grant winners announced

An ice cream shop and a glass installation business won small-business grants from Warren County Economic Development Corp. The Outside Scoop received a $6,000 grant that is awarded to existing businesses. Owner Joe Doering plans …
By BPC Staff | Oct 14, 2015
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Harrisvaccines awarded $6 million for avian flu vaccine stockpile

Iowa-based vaccine producer Harrisvaccines today announced it has been awarded a contract to provide Avian Influenza H5 vaccine to the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service. This action is being taken …
By BPC Staff | Oct 14, 2015
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Byers, others win Simpson alumni awards

Greater Des Moines Partnership CEO Jay Byers, Class of 1993, recently received Simpson College’s Alumni Achievement Award for outstanding career achievement, service to the community and service to the college. Dustin Thomas, Class of  2007, managing …
By BPC Staff | Oct 14, 2015
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AIB campus donation on Regents Oct. 21 agenda; DM school may keep buildings on southeast corner

The Iowa Board of Regents intends to vote Oct. 21 on whether to approve an AIB College of Business plan to donate most of its 20-acre, $21.6 million Des Moines campus to the University of …
By BPC Staff | Oct 14, 2015
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Wells Fargo reports third-quarter earnings of $5.8 billion

Wells Fargo & Co. reported net income of $5.8 billion, or $1.05 per share, for the third quarter, compared with $5.7 billion, or $1.02 per share, for the third quarter of 2014. Total average loans …
By BPC Staff | Oct 14, 2015
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VIDEO: Ignite Des Moines – End Hunger in Polk County

55,000 people are going hungry in Polk County. 55,000! And it’s not just people in the areas you might expect. Kids in Ankeny and West Des Moines are waking up and going to school without …
By BUSINESS RECORD STAFF | Oct 14, 2015