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Real Estate and Development

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Urbandale, R&R add a ‘creative’ twist to tax increment financing

The city of Urbandale has worked out a tax increment financing package with R&R Realty Group with a twist: Rather than rebate a portion of property taxes based on improvements to a property, those payments…
By KENT DARR | Nov 11, 2015
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Hotel Fort Des Moines to close for renovation

The historic Hotel Fort Des Moines will close Friday as its new owners, Hawkeye Hotels, prepare for a $40 million renovation that is expected to take more than a year. Hotel staff members have been…
By KENT DARR | Nov 11, 2015
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Urbandale council votes to support state tax credits for computer security firm

Fastpath Inc., an Urbandale-based information technology company, plans to double its employment and quadruple the amount of office space with the help of Iowa high quality jobs tax credits. The Urbandale City Council voted Tuesday…
By KENT DARR | Nov 11, 2015
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YMCA seeking foreign investors for downtown pool

The YMCA of Greater Des Moines is seeking funds from foreign investors through a federal immigration program to raise enough money to finish the downtown Wellmark YMCA by building its swimming pool.


YMCA officials have…
By KENT DARR | Nov 10, 2015
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Convention center hotel approved; Bankers Trust to lead lending consortium

Bankers Trust Co. will lead a group of eight community banks in the $75 million construction loan for the Iowa Events Center Hotel in downtown Des Moines. The banks will participate in what has been…
By KENT DARR | Nov 10, 2015
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Local mortgage foreclosures and delinquencies dropped in August

Greater Des Moines foreclosures among outstanding mortgage loans was 0.92 percent for August, a drop of 0.2 percentage points from August 2014, real estate research firm CoreLogic Inc. said in a news release. Foreclosure activity …
By BPC Staff | Nov 5, 2015
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Strong economy draws Ohio developer to Des Moines suburbs

Drawn to Greater Des Moines’ strong economy and job market, an Ohio developer is planning to build apartment complexes in Ankeny, Altoona and Waukee, according to DesMoinesRegister.com. Redwood Living, based outside Cleveland, builds what the company calls …
By BPC Staff | Nov 5, 2015
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Real estate publication says Kaduce an ’emerging leader’

  Adam Kaduce, commercial real estate director with Realty Marketing Group, has been recognized as an emerging leader in industrial real estate by Real Estate Forum magazine. The publication took note of these achievements: treasurer…
By BPC Staff | Nov 4, 2015
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A key piece of convention hotel funding is up in the air

The bank account of an immigrant investor program that could pump $20 million into a Des Moines convention center hotel stands at $0 and is likely to stay at that level pending action in Congress.…
By KENT DARR | Nov 4, 2015
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R&R buys former golf range and adjacent land in Urbandale

R&R Realty Group paid $4.5 million last week for 81.5 acres at an Urbandale intersection with development promise.


For the past 19 years, a swath of the site has been occupied by Longview Golf Centre.…
By KENT DARR | Nov 4, 2015
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