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Real Estate and Development

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More than one way to fund reduced-rate housing

Principal Real Estate Investors will pay the city of San Francisco $15.1 million rather than include below-market-rate apartments in a 52-story residential tower it is developing at the top of the city’s Rincon Hill. The …

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Foreclosures increased in May

Lenders picked up the pace of foreclosures in May in Greater Des Moines compared with a year ago, real estate analytics firm CoreLogic Inc. said today. The rate of foreclosures among outstanding loans increased 0.04 …

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Tom DeWaay joins NAI Ruhl & Ruhl Commecial Co.

Thomas DeWaay, who helped launch a Greater Des Moines office for Marcus & Millichap Investment Services, has joined NAI Ruhl & Ruhl Commercial Co. in West Des Moines as a broker. “He’s a great guy …

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Home prices continue to rise

Home prices have risen 2.1 percent from the first quarter and are up 0.2 percent for the year, according to a report released this morning by Zillow.

The median home price is $149,300, according to CNNMoney. …

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Goldman Sachs improves housing outlook

Goldman Sachs Group Inc. released a report today upgrading its outlook for the housing industry. 

The report upgraded the industry’s rating from neutral to attractive, according to Bloomberg. Analysts for the company cited more people …

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Belin hires Hildebrandt as its first business development director

Ben Hildebrandt will leave the Iowa chapter of the American Institute of Architects on July 27 and go work the following Monday as the first business development director for Belin McCormick P.C., one of Greater …

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Branstad urges Iowans to discuss housing

Gov. Terry Branstad is encouraging Iowans to attend one of eight public meetings to discuss housing needs across the state.

The meetings are sponsored by the Iowa Finance Authority and RDG Planning & Design. 

“The …

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Off the bench

Nearly four years after the economy dropped into a deep pothole, Chris Murray is following a rough path out of the development doldrums.

Though it would be a stretch to say his real estate and …

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R&R Group, Weitz among best in the Midwest

Midwest Real Estate News, a publication that monitors the region’s commercial real estate industry, has ranked West Des Moines-based R&R Realty Group as the 18th-best property owner in the Midwest.

R&R’s Management Professionals Inc. was …

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Works in progress: 2105 Ingersoll Avenue

The shell is a couple of weeks from being finished at an Ingersoll Avenue retail building, but tenants and potential tenants are lining up to call the place home.

Jake Christensen is the lead developer …