AABP EP Awards 728x90

Real Estate and Development

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R&R Realty completes luxury apartment project in West Des Moines

In 2013, R&R Realty announced that it was ending a 20-year hiatus from apartment-building with a 127-unit, three-story luxury project at its Country Club Office Plaza near Jordan Creek Town Center. That project has been …

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Need for tax abatements diminishing, but not disappearing in Des Moines

Homebuilders left no doubt about their attitude toward city of Des Moines proposals to scale back tax abatement programs that have been in place since 1987. The consensus: The changes will chill already anemic homebuilding …

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Mortgage applications rise as rates go down

Home mortgage applications edged up last week while interest rates moved lower, according to the Mortgage Bankers Association, Reuters reported. The association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home …

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Reuters: Single-family homes prices rose in May

U.S. single-family home prices in May rose from the previous year at the same pace as April but fell short of forecasts, Reuters reported.

 

Housing construction slowed and new home sales lagged behind existing home …

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Panel will discuss hotel development in Des Moines

The Des Moines Chambers of Commerce will host a panel discussion at 4 p.m. Wednesday at the Renaissance Des Moines Savery Hotel on the proliferation of hotel development in the city. Panelists are Knapp Properties …

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Hilton first choice to operate convention center hotel

Hilton Hotels & Resorts has been selected as the flag and operating company of the Iowa Events Center Hotel, based on a recommendation from a committee made up of representatives of organizations that have pressed …

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Greater Des Moines foreclosures dropped in May

The rate of foreclosures among outstanding mortgages in the Des Moines area dropped to 0.9 percent in May, down from nearly 1.2 percent in May 2014, real estate analytics firm CoreLogic Inc. said. The national …

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Iowa homes sold more quickly and for more money in June

Iowa home sales increased nearly 10 percent in June from a year ago and the number of days houses were on the market reached a three-year low, the Iowa Association of Realtors said. Active listings …

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Des Moines City Council considers changes to popular tax abatement programs

Proposed changes to Des Moines tax abatement programs generated the kind of response Community Development Director Phil Delafield anticipated.

 

Homebuilders are against the changes, at least one neighborhood group opposes them in part, and …

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West Des Moines council to take up Ryan development proposal

Ryan Cos. US Inc., owners of about 37 acres of property at the southwest corner of Jordan Creek Parkway and EP True Parkway in West Des Moines, will take a preliminary plat for its proposed …