AABP EP Awards 728x90

Real Estate and Development

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EMC completes purchase of Hub Tower

Hub Tower has sold for slightly more than half of its assessed value of $13.2 million, according to a property record filed Wednesday.

Employers Mutual Insurance Co. (EMC) paid $7 million for the 20-story structure …

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Iowa home prices should appreciate in 2011

Home prices in Iowa should appreciate during the next 12 months, according to a report by Santa Ana, Calif.-based Veros Real Estate Solutions.

The company provides a 12-month price forecast on national real estate marketing …

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Virginia auto dealer eyes Lithia-owned site in Urbandale

A Richmond, Va.-based auto dealer plans to build on an Urbandale site that was once slated for a Lithia Motors Inc. dealership.

On Dec. 20, the Urbandale Planning and Zoning Commission recommended that the City …

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Principal Real Estate acquires Houston, San Francisco properties

Principal Real Estate Investors, the property-investment division of Principal Financial Group Inc., has acquired office properties in Houston and San Francisco. Bloomberg reported that Principal Real Estate, the nation’s fourth-largest institutional real estate manager, purchased …

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Lending guidelines could hamper sales of self-storage properties

Investor demand for self-storage facilities is expected to increase next year, but the inability of well-capitalized buyers to finance smaller deals could stop some transactions from taking place.

Inside Self-Storage, an industry trade publication, reported …

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Capp receives Property Manager of the Year Award

Krista Capp, vice president of Hubbell Property Management, an affiliate of Hubbell Realty Co., has received the 2010 Certified Property Manager of the Year Award from the Iowa chapter of the Institute of Real Estate …

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Urbandale approves medical office building

The Urbandale Planning and Zoning Commission recommended on Monday that the City Council approve a site plan for Children’s Dental Center near the 2400 block of 128th Street north of Hickman Road. According to the …

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Delinquent unpaid CMBS balance grows

The delinquent unpaid balance for commercial mortgage backed securities, or CMBS, loans increased by $1.94 billion to $61.11 billion in November from October, according to research by Realpoint LLC. The 3.3 percent jump followed a …

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Baird to lead JE Dunn office in West Des Moines

JE Dunn Construction Co. has named Shannon Baird vice president of operations, and she will lead the JE Dunn Iowa office in West Des Moines. She has more than 14 years of project management experience …

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Banking got personal, went bad


Dan and Tammy Stanbrough have something to say – a lot of things actually – and they all boil down to their deteriorating relationship with a lender.

They made many of their arguments in court …