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Real Estate and Development

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Rumely open house scheduled

Sherman Associates Inc. announced that it will host an open house Nov. 10 for its Rumely Lofts housing development at 104 S.W. Fourth St. in Des Moines. George Sherman, founder and owner of the Minneapolis-based …

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New spaces, locations planned for Iowa Health clinics

Iowa Health – Des Moines is working with three developers in Greater Des Moines to relocate two clinics and open a new one.

Highland Park Family Physicians, which is located at 1530 E. Euclid Ave., …

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Few small business owners purchasing properties

Despite a drop in commercial real estate values, only 6 percent of small business owners have purchased one or more properties in the past two years, according to a study released Monday by CIT Small …

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CB Richard Ellis’ green ranking improves

CB Richard Ellis Group Inc. ranked No. 30 overall in Newsweek’s 2010 Green Rankings, a list that ranks the environmental performance of the 500 largest publicly traded companies in the United States. The rankings are …

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Principal’s Halter named at NAREIM chairman

Patrick Halter, CEO of Principal Real Estate Investors, has been elected chairman of the board of directors of the National Association of Real Estate Investment Managers (NAREIM). Principal Real Estate Investors, a subsidiary of Principal …

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Taylor to speak at ICREA breakfast

Robin Taylor of the Iowa State Blue Ribbon Foundation will be the featured speaker at the Iowa Commercial Real Estate Association’s November meeting at Des Moines Golf and Country Club, 1600 Jordan Creek Parkway in …

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Saints Pub to open second location

Saints Pub + Patio will open its second Greater Des Moines location in a Beaverdale property that was recently acquired by Vista Real Estate and Investment Corp. Vista, which on June 15 paid $100,000 for …

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Nobody’s home

Job losses, unaffordable mortgages and plunging home prices have resulted in a steady decline in home ownership over the past five years, CNNMoney.com reported after the release of a U.S. Census Bureau report. Nearly 3 …

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City approves funding for Anawim housing project

The Des Moines City Council last week approved a $1.7 million loan to Anawim Housing, to be used for the construction of 16 housing units just east of the Drake University campus in a partnership …

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Low home values leave unemployed execs stuck in place


A drop in home values is forcing out-of-work executives and managers to look for jobs close to home, according to a survey.

Outplacement firm Challenger, Gray & Christmas Inc. said 6.9 percent of those employees …

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