Posts by pherteen
NOTABLE TRANSACTIONS: Apartment property sold in Des Moines
Sonar Multifamily Fund LLC, located in West Des Moines, paid Edwin Allen $1.3 million for property at 3612 Ingersoll Ave. in Des Moines, Polk County real estate records show. The property includes a three-story, eight-unit …
Read MoreWhat’s in store for commercial real estate in 2025?
The Business Record reached out to several people in the commercial real estate industry, asking them their thoughts on the outlook for the sector in 2025 and biggest challenges. Below is the question we asked …
Read MoreBusiness Record 12-27-24
Telling the story
The rehabilitation of the former Carpenter Paper Co. building on Southwest Seventh Street is nearing completion with its owner saying its spaces are already leased with full occupancy anticipated by late spring 2025.
The building …
Read MoreA Closer Look: Ryan Mulhall
Ryan Mulhall believes in learning by doing.
That was his experience in the military on the officer side when his first job was to be in charge of the communications — both the IT and …
Read MoreThe Elbert Files: Some contrary wisdom about federal deficits
The headlines on two recent investment articles caught my attention.
One said: “The Federal Government Deficit is Huge, So Buy Stocks!”
The second was: “Is the Stock Market Doomed? Yes, But Maybe Not in 2025.”…
Read MoreWhat’s the housing outlook in 2025?
Homebuyers and sellers and others associated with the residential sector have found the housing market challenging the past two years.
Mortgage rates are more than double what they were two years ago. Costs to build …
Read MoreGuest column: Your decision to support local makes a difference
As I have attended holiday events around our region like our Downtown Winter Farmers’ Market presented by UnityPoint Health — Des Moines, the Holiday Promenade that we collaborate on with Historic East Village, and so …
Read MoreBusiness Record 12-20-24
The Elbert Files: Walking billboards
Many people assume the Nike Swoosh, created in 1971 for $35, was responsible for turning consumers into walking billboards by placing corporate logos on popular fashion choices.
The real credit goes to an Iowan. And …
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