h digitalfootprint web 728x90

Real Estate and Development

DSC 6869

Lakeside to break ground on hotel addition

Terrible’s Lakeside Casino in Osceola will break ground on a hotel addition on Thursday.

The addition will include 90 rooms and an indoor pool with a sliding glass wall that will be open during the …

DSC 6869

Kemin finalizes ADF acquisition

Kemin Industries Inc. has finalized its purchase of selected property, equipment and other assets of American Dehydrated Food Inc (ADF). Today, Kemin will take ownership of ADF’s spray-dried meat protein manufacturing facility in Verona, Mo. …

DSC 6869

Private nonresidential construction spending up

Private nonresidential construction spending increased 1.2 percent in May from the prior month, according to a U.S. Census Bureau report. Eight of 16 nonresidential construction subsectors posted increases in spending, with the biggest gains being …

DSC 6869

Walters files second bankruptcy petition

Developer Randal Walters has filed for bankruptcy court protection from his creditors. Walters, whose recent bid to reorganize the finances of a real estate development and management company under Chapter 11 of U.S. Bankruptcy Caw …

DSC 6869

Brokers limited by lack of large industrial spaces


Growing demand for large blocks of contiguous industrial space is placing pressure on commercial real estate agents to fill existing properties and spur new development.

“There was some delayed decision-making that took place from 2008 …

DSC 6869

Sales of existing homes up 8.2 percent in May

More Americans than forecast signed contracts in May to buy previously owned homes, signaling that the residential real estate market may be rebounding from a slump earlier in the year.

The index of pending home …

DSC 6869

Mortgages show improvement

The performance of first-lien mortgages serviced by large national banks and federal thrifts improved during the first quarter of 2011, according to a report released today by federal regulators. The quarterly report by the Office …

DSC 6869

LaSalle eyes $2B CRE investment as market recapitalizes

Jones Lang LaSalle Inc.’s investment management division is eying $2 billion in property investments in key markets this year, Citybiz Real Estate reported.

LaSalle Investment Management said Tuesday that Washington, D.C., is among the markets …

DSC 6869

Hubbell Commercial brokers apartment sales

CB Richard Ellis/Hubbell Commercial has brokered a multimillion dollar sale of The Mansions at Jordan Creek, a 140-unit apartment complex at 355 88th St. in West Des Moines. Constructed in 2007, The Mansions were sold …

DSC 6869

Dean Snyder on track to finish schools

Dean Snyder Construction said it is on track to finish a $7.35 million project at North High School in Des Moines by October. Besides constructing a 10,000-square-foot addition for a new administrative area, the contractor …