Real Estate and Development

An index that measures the confidence of home builders was unchanged in May, suggesting virtually no improvement in the moribund U.S. housing market, MarketWatch reported. The National Association of Home Builders said its Housing Market …

The owner of a popular East Side restaurant plans to open a downtown brewery and offer European-style lagers to consumers in Greater Des Moines and other markets.

Robert Tursi, who has owned and operated Tursi’s …

A business controlled by developer Randall Walters cannot reorganize its finances under federal bankruptcy laws. Bankruptcy Judge Lee Jackwig dismissed the case of Griz Lee LC after the U.S. trustee overseeing the case said the …

Contractors recouped a fraction of their costs last month because of rising petroleum and metals prices, according to an analysis of producer price index figures released today by the Associated General Contractors of America. Ken …

Vista Real Estate Investment Corp. Inc. can buy the former Home Valu Inc. store in Urbandale for $1.5 million, a bankruptcy judge in Minnesota ruled May 4.

Home Valu closed the store at 4105 N.W. …

Best Buy Co. Inc. will downsize its West Des Moines store as the owner of Water Tower Place develops a new space for a Whole Foods Market Inc. store.

Jeff Daniels, a broker associate with …

Though the reasons 13 U.S. banks failed in April varied, New York-based Trepp LLC said lending in the commercial real estate arena represented the largest source of nonperforming loans on those financial institutions’ balance sheets. …

The industrial sector of the U.S. commercial real estate market began to recover in the last half of 2010, according to a new report by CB Richard Ellis Group Inc. Economist Jared Sullivan wrote that …

ALM Media Properties LLC’s Real Estate Media Group announced the launch of its B2B Directory, a business-to-business website focused on the commercial real estate industry. Touting a list of more than 5,000 providers, the publisher …