AABP EP Awards 728x90

Real Estate and Development

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Report: Housing forecast for 2011 is not good

The number of U.S. homes receiving a foreclosure filing will climb about 20 percent this year, according to RealtyTrac Inc.

“We will peak in foreclosures and probably bottom out in the pricing, and that’s what …

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Realtors: Des Moines sales remain stable

For the fifth straight month, home prices in the Des Moines area remained stable, according to data released by the Des Moines Area Association of Realtors. In December, the average sale price of a home …

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IRR: CRE markets tied to employment continue to struggle

Despite showing signs of improvement last year, the commercial real estate market continues to be held back by high unemployment, REIT.com reported.

According a report released Monday by New York-based Integra Realty Resources Inc., office …

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Jones Lang LaSalle to manage Harris Bank’s properties

Harris Bank has hired Jones Lang LaSalle to handle property management for its 310 banks in the Midwest, GlobeSt.com reported.

Following a decade of Jones Lang LaSalle handling facility management for the bank, it will …

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Omaha firms join forces

Two Omaha-based commercial real estate development and management firms are joining forces, the Omaha World-Herald reported. World Group Commercial Real Estate will be formed through the merger of Seldin Co., an 88-year-old family-owned firm, and …

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Woodland Apartments sold to private investor

Woodland Apartments, a 60-unit apartment property located at 4949 Woodland Ave. in West Des Moines, has been sold to a private investor for $2.9 million. Thomas DeWaay, an investment specialist with Marcus & Millichap Real …

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River Place Project certified at LEED Silver level

The Polk County River Place Project has been certified to the LEED Silver level established by the U.S. Green Buildings Council, the Polk County Board of Supervisors announced Tuesday. The project has the highest ranking …

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Westgate to redevelop Kruidenier building for office user

The investment group managed by state Sen. Jack Hatch plans to turn the former Kruidenier Cadillac dealership building at 1408 Locust St. into office space.
 
On Monday, four days after the Des Moines Social …

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Oakridge receives $60K Community Foundation grant

A $60,000 leadership grant to Oakridge Neighborhood Services from the Community Foundation of Greater Des Moines will help fund the construction of a 4,000-square-foot teen and community center. The center, which will include job training, …

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Social Club seeks new space downtown

The Des Moines Social Club, a nonprofit cultural center founded in March 2009 under the leadership of Zachary Mannheimer, announced yesterday that it will vacate its leased space at 1408 Locust St.

The Social Club, …