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Real Estate and Development

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Finance Authority offers downpayment program

The Iowa Finance Authority has unveiled a new mortgage program for first-time and repeat homebuyers that provides a down payment wrapped in a 0% loan for up to 5% of the sale price or $5,000, …

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Affordable Housing Week launches

The Polk County Housing Trust Fund’s Affordable Housing Week started today. 

Along with an array of speakers, the event will feature a museum-quality exhibit, “Undesign the Redline,” Thursday and Friday at Franklin Junior High School. The exhibit …

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Facebook pays $11M for data center land; pulls development agreement from Altoona Council agenda

Facebook Inc. has asked to pull a proposed development agreement from today’s Altoona City Council agenda as the city continues to work out details of local incentives for an anticipated 1 million-square-foot, $250 million data …

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Neighborhood Finance Corp. receives $324,500 to support housing and neighborhoods

Neighborhood Finance Corp. is receiving $324,500 in flexible grants from the Neighborhood Reinvestment Corp. for neighborhood revitalization in Cedar Rapids, Des Moines, West Des Moines and Windsor Heights, according to a release. The grant will …

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Greater Des Moines home sales and prices increased in March

A touch of sunshine helped boost home sales and pending sales in March from numbers posted in February, according to a report from the Des Moines Area Association of Realtors. Prices also increased last month, …

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NOTEBOOK: Facebook sticks with Altoona

If you owned a piece of land large enough to accommodate a 1 million-square-foot data center, chances are your heart raced a tad a few months ago when word spread that Facebook was planning to …

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CRE Update: Question for the ages

The generations are moving us in all kinds of directions, and commercial real estate is showing the effects in office design, residential development, even the surge of warehouses and their multipurpose uses.


One question panelists …

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Southwest First bridge to close for repairs

The Southwest First Street trail bridge over the Raccoon River will be closed for repairs starting April 15, with Meredith Trail across the bridge expected to reopen in December and construction wrapping up next summer, …

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Hubbell for-sale projects growing downtown

From northeast to southwest, Hubbell Realty Co. is planning construction of for-sale townhomes and condominiums in downtown Des Moines, with the projects launching at a time when sales of both residential products are lagging behind …

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Barilla completes expansion of Ames pasta plant

Italian-based Barilla Group has completed the $65 million expansion of its Ames pasta plant, a project that will add 41 employees over the next two years to its current workforce of 214, according to a…