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Real Estate and Development

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New York company eyes Greater Des Moines for independent living projects

A New York company plans to enter the Greater Des Moines senior independent living market with projects in Ankeny and Indianola. Calamar Enterprises Inc. has proposed a 116-unit development for the Summercrest Hills area in…
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No politics in this lease

A downtown Des Moines property owned by a partnership of prominent Republican Jim Cownie and prominent Democrat Bill Knapp is set to be the Iowa headquarters of Hillary Clinton, who announced that she will seek …

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TIF bill introduced in Iowa House

Legislation has been introduced in the Iowa House that would prevent cities from using tax increment financing to pay for public buildings, including police and fire stations, libraries, city halls and any other public building that …

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Expect delays when filing Iowa business documents with secretary of state

Business documents registered online with the Secretary of State’s office are experiencing delays of up to a month before they are officially filed and time stamped, creating a headache for the office and real estate …

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Home Inc. receives federal grant for housing services

Des Moines-based Home Inc. is among five agencies in the state that have received a total of $72,640 for a range of housing services. Home, an acronym for Home Opportunities Made Easy, received $12,626. Housing …

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March house sales up nearly 19 percent from last year

Greater Des Moines house sales were up 18.6 percent in March from a year ago, rising to 872 from 735, according to figures released today by the Des Moines Area Association of Realtors. Pending sales …

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Event Preview: CRE Trends and Issues Forum

It’s no secret that real estate and development in Des Moines is once again humming along. A quick look through the comments and you’ll see that as the recovery matures, new players enter the market, …

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We’re losing the desire to own a home

The number of Americans who would buy a home if they were to move hit a new five-year low, according to mortgage lender Fannie Mae’s national housing survey for March, The Real Deal reported. Sixty percent of …

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Urbandale meeting will focus on recent development incentives

The city of Urbandale will host a meeting from 11:45 a.m. to 1 p.m. April 30 at the Giovannetti Community Shelter, 8900 Douglas Ave., to talk about recently approved approved financial incentives for Class A …

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Commercial mortgage volume up 12 percent

Commercial and multifamily mortgage bankers closed $399.8 billion in loans in 2014, the Mortgage Bankers Association said today in a report.

 

Commercial mortgage-backed securities issuers led investor groups for which loans originated in 2014, …