AABP EP Awards 728x90

Real Estate and Development

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Grubb & Ellis reports revenue, announces Daymark launch

Grubb & Ellis Co. reported fourth-quarter revenues of $163.5 million, an increase of about 10 percent compared with revenues of $148.7 million in the last three months of 2009. For the full year of 2010, …

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Midwest farmland attracting higher bids

Farmers and investors in the Midwest are bidding up farmland at auctions as commodity prices surge, Bloomberg reported.

 

Cropland values in the region were up more in the fourth quarter of 2010 than they …

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Neumann receives 2011 Masters Award

Neumann Bros. Inc. has won the 2011 Masters Award from the Master Builders of Iowa for its work on the Charles Benson Bear ’39 Recreation and Athletic Center at Grinnell College. The Masters Award is …

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Ruhl & Ruhl named Member of the Year

NAI Ruhl & Ruhl Commercial Co., which has offices in Davenport and Des Moines, has received the Member of the Year Award for 2010 from NAI Global. Ruhl & Ruhl Commercial was chosen from among …

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Signed Lease Transactions (Week of Feb. 13)

Goodwill Industries of Central Iowa Inc. has leased 30,000 square feet of industrial space at 4100 Dixon St. in Des Moines. The tenant was represented by Ben Condon of Terrus Real Estate Group LLC. The …

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Surprise! 2008 homebuyer tax credits must be repaid

Uncle Sam has a reminder for some people who took advantage of the first-time homebuyer tax credit three years ago: He wants his money back.

Americans who bought homes in 2008 and took the government …

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More home contracts were written in January

The Des Moines Area Association of Realtors reported that 530 contracts to purchase homes were written in January, and that there were 5,086 active listings.

That compares to 554 contracts written in January 2010, but …

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Home mortgage rates rise as prices drop

The average rate on a 30-year fixed-rate mortgage climbed to 5.05 percent today, the fourth consecutive weekly increase, Bloomberg reported.

The 0.24 percentage point gain for the week ended Feb. 10 brought U.S. mortgage rates …

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ICREA installs new board members

The Iowa Commercial Real Estate Association today installed its 2011 officers and directors. Kyle Gamble, managing director of CB Richard Ellis/Hubbell Commercial, will serve as the nonprofit trade association’s president. Matt Lundberg of NAI Ruhl …

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Foreclosures fall by 17 percent

Fewer foreclosure filings were made in January compared with the year-earlier period, MarketWatch.com reported.

According to a report released on Thursday by RealtyTrac Inc., the volume of foreclosure filings fell 17 percent last month from …