Real Estate and Development

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Apple poised to expand headquarters

Apple Inc. has purchased a 98-acre property, which will allow the iPad and iPhone manufacturer to nearly double the size of its headquarters in Cupertino, Calif., the San Jose Mercury News reported. Apple, which in …

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What’s the big deal?


An inside joke used to run through the offices of the Greater Dubuque Development Corp. that started like this: “Let’s treat every proposal like it’s IBM.”

The rest of the joke was “it will be …

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$250,000 grant will support Drake Neighborhood revitalization

The Polk County Housing Trust Fund has received a $250,000 grant from Wells Fargo’s Housing Foundation and a pledge of more than 200 hours of volunteer assistance from Wells Fargo employees. The funding and volunteers …

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Some General Growth debt to be repackaged into CMBS

General Growth Properties Inc., the Chicago-based mall owner that recently exited from bankruptcy protection, is expected to refinance some of the $15 billion in mortgages it restructured during the Chapter 11 process.

A big portion …

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Consumer confidence primed with perks

More U.S. households plan to hit the mall this month as owners across the country lure shoppers with prizes and freebies on Black Friday, Retail Traffic reported.

Offering discounts is the best way to get …

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Ladco considers more housing

Ladco Development Inc. is planning the next stage of residential development at the Village of Ponderosa in West Des Moines. Chris Shires, the city’s development manager, said Ladco told the city during a pre-application meeting …

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CRE prices on the rise

Commercial real estate prices in the United States rose 4.3 percent in September from August, the largest monthly gain in at least a decade, The Wall Street Journal reported. It was the first increase since …

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COSC schedules annual meeting

On Nov. 30, the Center on Sustainable Communities will hold its annual membership meeting from 4 to 5 p.m. at the Des Moines Central Library. The nonprofit organization, which serves as an educational resource for …

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Kinman to speak at ICREA breakfast

Sheila Kinman, director of advancement with the Community Foundation of Greater Des Moines, will be the featured speaker at the Iowa Commercial Real Estate Association’s breakfast meeting on Dec. 2. Kinman will talk about the …

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Stanbrough files bankruptcy petitions for three companies

Real estate developer Daniel Stanbrough filed bankruptcy petitions Monday to reorganize the finances of three companies he controls, bringing the list of his companies under bankruptcy court protection up to five.

The most recent cases …