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Heid to retire from Wells Fargo Home Mortgage

Wells Fargo & Co.’s mortgage chief, Mike Heid, is retiring after 28 years with the San Francisco-based bank, the company announced Wednesday. Franklin Codel, 50, executive vice president and head of mortgage production, will succeed…
By BUSINESS RECORD STAFF | Aug 13, 2015
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24 Iowa companies make Inc. 5000 list

A Des Moines advertising agency has been ranked as the fastest-growing private company in the state, and was among 24 Iowa-based companies on the newest Inc. 5000 list released Wednesday by Inc. magazine.   Happy…
By JOE GARDYASZ | Aug 13, 2015
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More apartments planned for area near Principal Park

Preliminary plans for a 172-unit market-rate multifamily development called Dunham Square were presented this week to the city of Des Moines Urban Design Review Board. The development is being led by Neighborhood Development Corp. and…
By BPC Staff | Aug 12, 2015
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Urban working from home after selling Somerfield Village Center – and his offic

Greater Des Moines businessman Tim Urban said he is working from home and considering development opportunities after selling his Somerfield Village Center for $13 million late last month to an investment group led by California…
By BPC Staff | Aug 12, 2015
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Hurd plans retail development for busy south-side intersection

Developer Richard Hurd’s plans to develop three lots at the northeast corner of Army Post Road and Southwest Ninth Street will serve a dual purpose.


For one, he grew up on the south side and…
By KENT DARR | Aug 12, 2015
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Van Orsdel ‘big house’ is for sale, again

Jeff and Kim Young’s We Can Build It LC has sold the Midland Building at 206 Sixth Ave., a historic structure they took off the hands of a bank, and now they are selling the…
By BPC Staff | Aug 12, 2015
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Local cybersecurity panel says awareness, communication are key

On the heels of Tuesday’s news that five U.S. traders were arrested in a $100 million international scheme to sell corporate data stolen by Ukrainian hackers, Holmes Murphy & Associates hosted a breakfast discussion on steps that Greater…
By JOE GARDYASZ | Aug 12, 2015
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Des Moines airport update: Passenger numbers down, prices up, seats more scarce

At least temporarily, it’s getting tougher to get a seat on a plane at the Des Moines airport, especially a cheap one.


Kevin Foley, the airport’s executive director and general manager, said the number of…
By PERRY BEEMAN | Aug 12, 2015
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Hoyt Sherman Place to be inducted into Iowa Rock ‘n’ Roll Hall of Fame

Des Moines performance venue Hoyt Sherman Place will be inducted into the Iowa Rock ‘n’ Roll Hall of Fame during a Labor Day weekend event in Arnolds Park. Hoyt Sherman Place will receive the honor …
By BPC Staff | Aug 12, 2015
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What kind of pay raise can you expect next year?

Base pay raises next year for rank-and-file workers will be 3 percent on average, according to a survey of 1,100 mostly large employers by professional services firm Towers Watson, CNNMoney reported. Executives and managers are projected to …
By BPC Staff | Aug 12, 2015