h digitalfootprint web 728x90

Real Estate and Development

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 …

DSC 6869

State Historical Society recognizes East Village property

The State Historical Society of Iowa has recognized an East Village owner for his preservation of a historic property. The Margaret Keyes Award went to Baker-DeVotie-Hollingsworth Blocks, a property at 516-526 E. Grand Ave. that …

DSC 6869

Sun Prairie showcases metal roofing

The metal roofing credited for stopping a January fire from spreading through and completely destroying a 36-unit apartment building at 5515 Vista Drive in West Des Moines will be showcased for 10 years. Funded in …

DSC 6869

Pastoral Center opens in Urbandale

On June 30, the Des Moines Pastoral Counseling Center will host an open house from 5 to 7 p.m. at its new owner-occupied building at 8553 Urbandale Ave. in Urbandale. Following the completion of a …

DSC 6869

Greater Des Moines foreclosures inched up, delinquencies down in April

Greater Des Moines foreclosure rates increased slightly in April, according to real estate research firm CoreLogic Inc. The rate of foreclosures among outstanding mortgage loans was 2.57 percent, compared with 2.27 percent in April 2010, …

DSC 6869

Home prices moderated this spring

Home prices dipped in April from March, though the pace of decline moderated at the start of the spring buying season, according to a survey released today, Reuters reported.

Even so, economists cautioned that house …

DSC 6869

Des Moines rent expensive for Iowa, but below national average

Greater Des Moines is the second-most expensive metropolitan or micropolitan  statistical area in Iowa for renters, according to U.S. Census Bureau data compiled by Bizjournals.com.

The median monthly rent contract in Greater Des Moines in …