h digitalfootprint web 728x90

Real Estate and Development

DSC 6869

Multifamily construction led a November leap in housing starts

Construction of multifamily housing led a 10.5 percent increase in residential construction in November to a seasonally adjusted annual rate of 1.173 million units, the U.S. Commerce Department said today, MarketWatch reported.Multifamily construction jumped 18.1 percent, …

DSC 6869

Coralville TIF districts contribute to lower debt rating

Moody’s Investors Service Inc. has dropped its rating of the city of Coralville’s $93.5 million of general obligation unlimited tax debt to Baa3 from Baa2 and changed the rating on the city’s $146.6 million of …

DSC 6869

Homeowners gained equity in the third quarter

Greater Des Moines homeowners gained some ground in the third quarter on the value of their homes, according to a report from real estate analytics firm CoreLogic Inc. A little less than 7,500, or 6 …

26918

Downtown Hy-Vee developers want to shave costs, propose design changes

Original artist rendering of Hy-Vee Market Grille Cafe with canopy. Revised artist rendering of Hy-Vee Market Grille Cafe without canopy. Developers of a Hy-Vee Inc. food store and 82-unit apartment development at Fourth Street and…
DSC 6869

Greater DM house sales dropped October to November, while prices rose

The Greater Des Moines Association of Realtors said today that house sales hit a seasonal slump in November, with sales dropping to 806 from 1,034 in October and pending sales dropping to 908 from 1,023 …

DSC 6869

YMCA pool is dead in the EB-5 financing waters

Congressional negotiators are near agreement on a reform package for an immigrant investor program that could clear a funding issue for a $105 million convention center hotel in Des Moines, but even if the the…
26908

A Closer Look: Baxter Newkirk

Editor’s note: Normally, the Business Record uses its Closer Look feature to introduce or profile a professional recently  in the news or someone we believe our readers should know more about. Today, we’re taking a …

DSC 6869

Demolition begins for future downtown convention center hotel

In downtown Des Moines, chances are that construction of a big project means the demolition of a project that was new decades ago. In that vein, crews began demolishing the former Allied Insurance building at …

26890

First residential and commercial project underway in Waukee’s Kettlestone development area

Three developers have taken aim at a 42-acre triangle of land at the University Avenue entrance to Waukee’s sprawling Kettlestone development corridor with an eye to an estimated $65 million commercial and residential development called…
DSC 6869

ICREA meeting will feature discussion of University of Iowa efforts in Central Iowa

The University of Iowa’s expansion of education programming in Central Iowa will be the topic when the Iowa Commercial Real Estate Association meets at 11:30 a.m. Dec. 16 at the Glen Oaks Country Club in …