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Real Estate and Development

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Home Connection adds housing units for homeless families

The Home Connection, a program of Hawthorn Hill, recently finished renovations on a new property at East 16th Street and Court Avenue, transforming it from a run-down six-plex into three two-bedroom apartments to house homeless families, …

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2017 property tax rollback

Property tax bills that are based on 2017 assessments will be due this Sept. 30  and again on March 31, 2019. The bills are based on a percentage of property assessments. Here are the percentages, …

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Polk housing projects will receive $2.2M in federal tax credits

Three housing projects in Polk County and one in Jasper County will receive a total of nearly $3 million in federal tax credits for each of the next 10 years. The Iowa Finance Authority board …

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Greater Des Moines house sales dropped in February

Greater Des Moines house sales and prices dropped in February on a month-to-month basis, but remained above year-ago levels, according to the Des Moines Area Association of Realtors. The median price of the 731 homes …

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Lenders helped 2,300 people buy a home last year under IFA programs

Iowa Bankers Mortgage Corp. in Johnston was the Iowa Finance Authority’s top lender last year among a group of banks, credit unions and mortgage companies that helped 2,300 people, the most since 2008, buy a …

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Ankeny lops $1 per $1,000 from property tax rate

Ankeny property owners will pay 90 cents less per $1,000 of taxable valuation under a $133 million budget approved this week by the City Council. The property tax rate will drop to $10.75 per $1,000 …

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‘Des Moines has been discovered’ in national CRE market

For owners of apartment buildings and office and retail spaces in Greater Des Moines, it’s time to get creative, and sure enough, some have already heard the message, according to the folks at CBRE|Hubbell Commercial.…

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Historic rehab proposed for East Village building

A development team led by developer Tim Rypma plans a $2.2 million historic renovation of the American Marking Inc. building at 440 E. Grand Ave. in the East Village area of Des Moines. Rypma’s RE3 …

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Hubbell provides a homeownership option in Gray’s Station development

Hubbell Realty Co. has released plans to build 89 townhome units in its Gray’s Station development between Martin Luther King Jr. Parkway and the Raccoon River in downtown Des Moines, along with the first images …

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A return to timber

A development team whose members have played a major role in the redevelopment of the East Village in Des Moines plans a mixed-use building along East Grand Avenue that will be the first heavy-timber structure …

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