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Real Estate and Development

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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 …

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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 …

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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 …

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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 …

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