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Real Estate and Development

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Hubbell gives $75K to bridge preservation project

Hubbell Realty Co. has donated $75,000 to help renovate what is called the Jackson Street Bridge over the Raccoon River.


The historic bridge, which goes by a range of names, including the Green Bridge, was…
By KENT DARR | Aug 19, 2015
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Development agreement would clear the way for new construction on once-troubled Urbandale site

Signature Real Estate Services and Urbandale city officials are moving closer to a development agreement that will help the city abate what was considered a nuisance property through a new commercial development.


In February, Signature…
By KENT DARR | Aug 19, 2015
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Coldwell Banker Mid-America Group names new president

Robert Burns will take over as president of West Des Moines-based Coldwell Banker Mid-America Group on Sept. 1, leading a family-owned operation that was launched in 1961 by the late Marvin Pomerantz. Burns succeeds Randall…
By BPC Staff | Aug 18, 2015
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Cash sales decline in housing market

Cash sales accounted for nearly 32 percent of all homes sales in May, a drop of 3 percentage points from May 2014 and marking the 29th consecutive month of year-over-year declines, real estate analytics firm …
By BPC Staff | Aug 18, 2015
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Iowa homes selling at fastest pace in five years

Iowa home sales were 12 percent higher in July that a year ago, and sales are occurring at the fastest pace in five years, the Iowa Association of Realtors said today. Contracts to buy homes …
By BPC Staff | Aug 17, 2015
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Homebuilder confidence highest in nearly a decade

The National Association of Home Builders said today that its monthly measure of the mood of its membership showed a modest improvement this month, just enough to boost its housing market index 1 point to …
By BPC Staff | Aug 17, 2015
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Homes were less affordable in the second quarter

Rising home prices in many housing markets resulted in a modest drop in nationwide housing affordability in the second quarter of 2015, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index. In …
By BPC Staff | Aug 14, 2015
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Weitz chosen for Texas A&M student housing project

Des Moines-based Weitz Co. will have feet on the ground in College Station, Texas, after being selected for the design and build portion of a $360 million student housing project at Texas A&M University. The …
By BPC Staff | Aug 13, 2015
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Townsend says selling estate ‘cost me a fortune’

After first listing his 9,500-square-foot Urbandale home for sale for $4.9 million in 2013, Ted Townsend sold it at auction recently for the reserve price of $1 million.

Townsend said the buyer was Urbandale pediatric…
By KENT DARR | Aug 13, 2015
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More apartments planned for area near Principal Park

Preliminary plans for a 172-unit market-rate multifamily development called Dunham Square were presented this week to the city of Des Moines Urban Design Review Board. The development is being led by Neighborhood Development Corp. and…
By BPC Staff | Aug 12, 2015