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Real Estate and Development

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Limitation date lifted on SBA refinancing program

An upcoming amendment to the U.S. Small Business Administration’s (SBA) temporary 504 refinancing program will allow more small businesses to obtain stable, long-term financing on owner-occupied real estate, the SBA announced on Tuesday.

Under the …

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CRE executives expect pay raise this year

Sixty-four percent of participants in a survey of senior corporate real estate and workplace executives said they received a pay increase last year, according to CoreNet Global.

National Real Estate Investor also reported that 74 …

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Iowa architect’s spring meeting to focus on change

Leading and adapting to change will be the focus of the Iowa chapter of the American Institute of Architects’ 2011 spring meeting in Ames. “Morph: Transforming the Profession” is scheduled to take place on April …

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Exterior mall improvements to accommodate new tenants

On March 28, the West Des Moines Plan and Zoning Commission approved a request by Watson Centers Inc. to modify the west façade of Valley West Mall in order to accommodate a Noodles & Co. …

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Council approves final subdivision for HP expansion

The Des Moines City Council approved the final subdivision plat for Airport Business Park Plat 3, which will allow developer Opus Development Corp. to move forward its proposed construction of a 300,000-square-foot expansion of Hewlett-Packard …

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Manufacturing, service execs are optimistic about their industries

A new survey from KPMG shows that optimism is improving among U.S. manufacturing and service industry executives, who say the worst is behind us, CNBC said today.

The survey found that 68 percent of manufacturing …

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Denny Elwell hires brokers, plans Waukee office

Denny Elwell Co. will hire two commercial agents as the Ankeny-based commercial real estate brokerage plans to open a satellite office in Waukee by July 1.

On March 28, Blake Brown and Michael Billings, founders …

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AGC taps Young as its first woman president

Kristine Young, CEO of Miller the Driller Inc., has become the first woman president of Associated General Contractors of America Inc. The trade group announced that Young, 60, was sworn in this morning during a …

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A Closer Look: Gene Meyer


Tell me a story about your educational background.

I love this story because I’m a 1973 graduate of Parsons College. And people kind of give me a bad time about Parsons College because it is …

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Loan payments deferred on Hubbell’s downtown mall


The city of Des Moines has agreed to defer payments and interest on the $2.1 million mortgage it holds on Hubbell Realty Co.’s downtown mall at 555 Walnut St.

On March 14, the City Council …