Real Estate and Development

Hubbell Realty Co. announced that the development of Cedarbrooke Place Apartments in Norwalk is scheduled to begin next month. The first two phases of the project, which will consist of a 24-unit building and a …

Bank of America Corp. has agreed to dismiss a federal lawsuit it filed in October 2010 against Ankeny businessman Dennis Albaugh, an investment partner and a development company in Marco Island, Fla., according to a …

A change of plea hearing is scheduled for Feb. 15 in U.S. District Court in Des Moines for Russell Coco, who was charged along with developer Bob Knapp of fraud and other counts stemming from …

U.S. commercial property prices are on the rise, and some may have gotten so high that landlords may not be able to generate enough rent to justify the costs, Reuters reported.

“I think we’ve bottomed, …

Lending in the commercial real estate market increased 63 percent in the fourth quarter of 2010 from the prior quarter, The Wall Street Journal reported.

In 2010, $110 billion in commercial mortgages were originated for …

CB Richard Ellis Group Inc. reported a fourth-quarter 2010 profit of $95.1 million, or 30 cents per share, compared with $64.3 million, or 21 cents per share, for the year-earlier period. The Los Angeles-based company, …

Ken Smith, an Iowa State University graduate who went on to establish his own landscape design firm in New York City, will visit Des Moines to receive community feedback and share updated plans for the …

The unemployment rate for construction workers jumped to 22.5 percent in January as the industry’s nonresidential sector shed 35,300 jobs, according to an analysis of federal employment data by the Associated General Contractors of America. …

TECO Westinghouse Motor Co. has leased 54,000 square feet of warehouse space at 5701 N.E. 17th St. in Des Moines. The tenant was represented by Morey Knutsen of CB Richard Ellis/Hubbell Commercial. The landlord, Papa’s …

Now that the Super Bowl is out of the way, Americans can turn their attention to house hunting, according to Bloomberg.

CEOs from six of the 10 largest U.S. home builders said spring could bring …