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Real Estate and Development

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Iowa development group to receive national award

The Iowa Area Development Group (IADG) will receive a national award Nov. 5 for its efforts to promote rural economic development opportunities. The U.S. Department of Agriculture will give the organization its Abraham Lincoln Honor …

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After several rulings and a trial, surety company still owes $12 million in construction defect case

A company that provides construction insurance is liable for the $12 million still owed to owners of Westlake apartments in West Des Moines, a three-judge panel of the Iowa Court of Appeals said in a …

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Des Moines council overhauls tax abatement rules

The Des Moines City Council has approved a five-year extension of the city’s tax abatement program with significant changes that promote renovation of apartments and homes across the city.

Under the new program, which will take effect…
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Apartment lending grew 13 percent in 2014

Nearly 3,000 lenders provided $195 billion in new mortgages for apartment buildings in 2014, the Mortgage Bankers Association said. The dollar volume is a 13 percent increase from 2013, World Property Journal reported. Sixty-five percent …

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UnityPoint Health announces Ankeny medical park

Artist’s rendering of UnityPoint Health Ankeny medical park

UnityPoint Health has started construction on a 59,000-square-foot medical park at the intersection of Northeast 36th Street and North Ankeny Boulevard in Ankeny.

“The new Ankeny medical…
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Building Value

In 2009, Rick Tollakson and his crew at Hubbell Realty Co. began a salvage operation that has returned more than $120 million in value to the Greater Des Moines real estate market.

The pieces of …

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Full Strength Ahead

Entering the fourth quarter, the commercial real estate market seems to be humming right along, with vacant office space slowly finding new tenants, two brand-spanking-new office buildings completed in West Des Moines and downtown Des …

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Housing recovery should improve steadily in 2016

A convergence of trends will provide a steady boost to the housing market in 2016, according to economists who participated in the National Association of Home Builders’ fall construction forecast.


Steady employment and economic growth,…
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Iowa house sales in third quarter best in 8 years

The Iowa real estate market had the best third quarter in eight years, with the median sales price up 5.1 percent and home sales up 5.2 percent from the third quarter of 2014, the Iowa …

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ISU students take top honor in healthcare design competition

A project by Iowa State University design students has won the student category of the 2015 Healthcare Environment Awards. Co-sponsored by Contract magazine and the Center for Health Design, the annual awards honor healthcare interior …