AABP EP Awards 728x90

Real Estate and Development

13981

Rooms to rent

Mike Nelson can find intrigue in a doorknob, inspiration in the alignment of windows.

And market conditions tell him that he can find plenty of renters who share his appreciation of those architectural details, found …

DSC 6869

Minneapolis company acquires apartment complexes

Dominium, a Minneapolis-based apartment development and management company, said it has acquired the Fenway Manor and Southridge affordable housing complexes in Des Moines. The company said in a news release that it plans improvements for …

DSC 6869

Home builder confidence rises in May to 5-year high

The National Association of Home Builders (NAHB) announced today that the group’s builder confidence index rose by five points in May to the highest level since May 2007, before the financial crisis. 

The NAHB/Wells Fargo …

DSC 6869

Greater Des Moines home sales up over the last year

Home sales have increased 20 percent in the past year, with 749 contracts closing in April, the Des Moines Area Association of Realtors said today. “We’re four months into 2012 and all of the key …

DSC 6869

Corporate kudos for Hyatt Place Hotel

Hyatt Hotels Corp. has recognized the local owners of the renovated Liberty Building at 418 Sixth Ave. with its “Best Hyatt Place opening in North America” honor. Now called Hyatt Place Hotel, the building was …

DSC 6869

CRE development posted first gains last year since 2007

Development and construction of commercial real estate rebounded in 2011, the first year to post gains since the recession began in 2007, according to a report from the NAIOP Research Foundation.

The total economic impact …

DSC 6869

Artists cooperative planned for Whittier School building

The Whittier Project LLC paid $40,000 to Boys Club of Des Moines Inc. for its former headquarters, once the Whittier School, at 1350 E. Washington Ave., Des Moines. The 112-year-old building will be used to …

DSC 6869

Babich Goldman moves

Babich Goldman P.C. has opted for industrial chic over timber and brick, having relocated to 501 S.W. Seventh St., Suite J, in the Riverpoint development. The firm, with 12 attorneys plus support staff, had outgrown …

DSC 6869

Hubbell set to build apartments in Waukee

Hubbell Realty Co. is preparing to build out the second phase of a project that initially went bust when the Regency development companies folded in 2008. Hubbell acquired former Regency land and will build 206 …

DSC 6869

Homeownership hits lowest level in 15 years

The U.S. Census Bureau said today that the homeownership rate fell to the lowest level in 15 years in the first quarter as borrowers lost homes to foreclosure and tighter inventory and credit kept buyers …