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Real Estate and Development

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Des Moines projects approved for $8 million in housing tax credits

The Iowa Economic Development Authority has committed all the funds in a $20 million tax credit program to 37 housing projects across the state, including 11 in Des Moines.

 

The Workforce Housing tax credit …

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Greater Des Moines population headed to 750,000

Greater Des Moines will have 750,000 residents by 2050, and the population will be older and more diverse, the Des Moines Area Metropolitan Planning Organization reported.

 

Workers will hold jobs in expanding industry sectors, with …

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Principal real estate investment group honored

The Principal Global Real Estate Securities Fund, a nearly $3 billion fund managed by Principal Real Estate Investors, was named the best of 92 global real estate fund over a five-year period in receiving a …

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CoStar identifies ‘power brokers’

CoStar Realty Information Inc. has named its 2014 power brokers.


The Washington, D.C.-based company said on its website that it tallies the commercial real estate sales and lease transactions that closed during the previous year, then…
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Hostile bid for Macerich ends after its board votes to reject offer, again

Simon Property Group Inc. ended a hostile bid for The Macerich Co. today after the Macerich board of directors voted unanimously Tuesday to reject an offer of $95.50 per share in cash and stock. The …

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No housing bubble foreseen, according to Nationwide index

A new gauge from Nationwide Mutual Insurance Co. suggests that the national market is in its best shape since 2001 and there’s no reason to fear a national downturn, much less a bursting bubble, Bloomberg reported. Nationwide’s …

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Sale of Dahl’s store to Kum & Go is completed

Kum & Go LC  paid $3.5 million on March 23 for a former Dahl’s Foods store at 5003 E.P. True Parkway in West Des Moines, according a deed that was filed Wednesday with the Polk …

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Clive begins work on new master plan for its greenbelt

The city of Clive has hired RDG Planning & Design to lead a team of consultants that will help draft a new master plan for the Clive Greenbelt, according to a release. The 16-month process …

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YMCA, DMACC to proceed separately in Ankeny

Des Moines Area Community College and the YMCA of Greater Des Moines have ended plans to jointly build a new Ankeny YMCA on DMACC’s main campus, officials confirmed today.

 

DMACC will instead move forward …

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IFA offers tax break for first-time home buyers

The Iowa Finance Authority today announced that eligible first-time Iowa home buyers are eligible for a federal income tax break of up to $2,000 per year for the life of their mortgage. Approximately 400 Iowa …

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