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Real Estate and Development

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NOTEBOOK – ONE GOOD READ: Rising interest rates sparking higher down payments for home loans, return of ARMs

Last week, the average interest rate for a 30-year home mortgage was 5.1%, the highest it’s been since December 2009, according to data compiled by FreddieMac. The higher interest is pushing some buyers out of …

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Group opposed to Suite Shots development files 2 new lawsuits

A Polk County district court judge is being asked to intervene in action taken this week by the West Des Moines City Council to rezone land to allow the development of a golf entertainment facility. …

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NOTABLE TRANSACTIONS: Local entities buy downtown buildings from EMC for $3.25 million

Clocktower Wolf LLC and 3101 Ingersoll LLC, located in West Des Moines and managed by Abe Wolf, paid Employers Mutual Casualty Co. $3.25 million for property at 106 S.W. Seventh St. and 113 S.W. Eighth St. in Des Moines, …

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New commercial real estate company operating in Urbandale

Members of CDM Real Estate Services include (from left) Sherri Goode, marketing and administration director; Jesse Caston, partner; Chris Dawson, partner; Rob Myers, partner; Brad Reiland, broker; and Phil Akason, chief financial officer.

 

Three …

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Development of transload facility on land in Dallas County under consideration by owners of 230-acre tract

Owners of about 230 acres between Booneville Road and Raccoon River Drive in unincorporated Dallas County are exploring development of a transload facility on the site. The development would include spaces for a  manufacturing facility. …

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New LifeServe headquarters designed without building materials selected; design process not typical, says architect

The size and shape of LifeServe Blood Center’s new headquarters in Johnston has been determined. However, the building materials that will be used on the building’s exterior haven’t yet been decided on because of supply-chain-related …

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Numerous redevelopment options for current LifeServe property

The property LifeServe Blood Center owns in Des Moines’ East Village mixed-use district will likely spark interest from a variety of developers, Matt Anderson, Des Moines’ deputy city manager, said. 

So far, though, no one …

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VIDEO: 2022 Commercial Real Estate Forum

Watch the event

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This fast-paced event provided a snapshot of some of the top real estate projects underway or planned in the Greater Des Moines area. Panel participants provided information …

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NOTEBOOK – ONE GOOD READ: How far would you go to buy a home?

What would you do to buy the home of your dreams? For many Americans, they would consider taking a second job to help save for a down payment. For others, they would consider taking more …

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NAR report: National land market has its best year in nearly a decade

Corridor Business Journal: The national land market had its best year in nearly a decade in 2021, as land sales rose 6% and outperformed the pace of acquisitions of other commercial real estate types, according to …