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Real Estate and Development

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Back to the brick at downtown hotel development

Waterfront Lodging Inc., developer of two hotels in downtown Des Moines, has settled on the use of full-dimension brick, ending a debate on original design plans that called for the use of architectural thin brick.…

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Remodeling greener than building new – report says

A report commissioned by the National Trust for Historic Preservation found that it is more ecologically friendly to rehabilitate existing buildings than to build new structures, regardless of the number of green whistles and bells …

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Stanbrough Realty proposes retail building in West Des Moines

The West Des Moines Plan and Zoning Commission will consider a proposal today from Stanbrough Realty Co. for construction of a 5,000-square-foot retail building at 650 S. 50th St. A city staff report said the …

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Value of mortgage refinancings at three-year high

Aided by record-low interest rates and an expansion of government programs, the value of home loans refinanced this year will rise to $932 billion from $858 billion in 2011, according to projections from the Mortgage …

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Home builders’ stocks are rebounding

Key U.S. home builder shares are appreciating at a record rate this year, reflecting confidence that the housing rebound from a six-year slump can accelerate even though new-home sales are still 50 percent below the …

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Home builders encouraged by turnout at annual expo

Turnout for the HomeShowExpo last month at Otter Creek in Ankeny may provide a promising glimpse of interest in the purchase of new houses. More than 12,000 people toured houses, the highest attendance since the …

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Consumer bureau unveils proposed mortgage regulations

The U.S. Consumer Financial Protection Bureau (CFPB) proposed new regulations today that would revamp how American homeowners interact with mortgage servicers, Bloomberg reported.

One set of rules aims to provide homeowners with clearer, timelier information …

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Hubbell awards donations after golf tournament

Hubbell Realty Co. awarded $7,600 to local charities after the Feisal Sayeed Memorial Golf Tournament, according to a release.

The donation was split between the Boys & Girls Club of Central Iowa and the YMCA …

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Watermark buys two Iowa retirement communities

Watermark Retirement Communities Inc., a Tucson, Ariz.-based owner and operator of retirement communities, has purchased two retirement communities in Iowa and has undertaken management of another two Iowa communities.

Watermark purchased Vriendschap Village in Pella …

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Mortgage problems top consumer complaints

Mortgage debt and credit card debt complaints made up the majority of complaints filed with the Consumer Financial Protection Bureau in its first 11 months, according to Housingwire.com.

Mortgage debt accounted for 43 percent of …