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Real Estate and Development

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June in bloom

Notable transactions have folks in the commercial real estate business feeling pretty darn good lately.

Sure, they lost out when the Iowa Legislature and Gov. Terry Branstad failed to reach on an agreement on a …

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PricewaterhouseCoopers signs five-year lease at Hub Tower

PricewaterhouseCoopers LLP (PwC US) has signed a five-year lease for about 4,700 square feet of office space at Hub Tower, 699 Walnut St., in a move that marks its return to Greater Des Moines. The …

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Des Moines home prices fall in April

Home prices in Greater Des Moines dropped 0.8 percent in April compared with April 2011, bucking a trend of a national increase in prices.

CoreLogic Inc. released home price index numbers today showing an increase …

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More signs of real estate life downtown

A Canadian investment group bought Keck City Center May 17, and on May 22 unveiled its remodel of the Partnership Building to accommodate 34 executive office spaces. The Winnipeg-based group paid cash for both buildings: …

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Pending home sales drop in April

The National Association of Realtors (NAR) announced Wednesday that pending home sales in April dropped 5.5 percent from March, the biggest decrease of the year.

The sales index measures how many people have signed contracts …

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Life Care Services in joint venture with Indiana company

Des Moines-based Life Care Services signed a joint venture agreement with Mainstreet Property Group LLC, of Cicero, Ind., to own and operate the first of several skilled nursing, short-term rehabilitation and assisted living communities. Mainstreet, …

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Housing prices fell at a slower rate in March

A report released today from S&P/Case-Shiller showed that in 20 major cities, housing prices fell a lower rate in March than in the 12 preceding months, signaling an improvement in the housing market, according to …

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A quarter of Polk County homes “underwater”

Almost a quarter of homeowners in Polk County owe more money on their mortgage than their home is worth, according to a report released today by real estate website Zillow. 

Nationally, 33 percent of homeowners …

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Canadians taking troubled downtown properties off the market

A Canadian investment group bought Keck City Center on Friday and four days later unveiled its remodel of the Partnership Building to accommodate 34 executive office spaces.

The Winnipeg-based group paid cash for both buildings: …

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RDG receives award for Wisconsin project

RDG Planning & Design and Western Technical College in La Crosse, Wis., have received a design award from the Central States chapters of the American Society of Landscape Architects for a campus courtyard that established …