AABP EP Awards 728x90

Real Estate and Development

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Construction spending down

Spending on commercial property construction in the United States is expected to drop 14 percent this year, The Wall Street Journal reported. As demand for office and retail spaces remains far below pre-recession levels, and …

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Housing market on upswing in August

Written contracts were up and days on the market for houses were down in the month of August, according to statistics released by the Des Moines Association of Realtors yesterday. Contracts written were up 8 …

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Iowa Finance Authority gives grant for homeownership education

The Iowa Finance Authority (IFA) announced yesterday that it has approved a $44,000 grant to the Iowa Home Ownership Education Project (IHOEP). IHOEP will use the funds to support its grant program for nonprofit agencies, …

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R&R Realty opts to remodel Three Fountains


R&R Realty Group is remodeling its Three Fountains Office Park at 42nd Street and Westown Parkway in West Des Moines as the economic downturn continues to stall new development opportunities.

The company is self-financing the …

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Following awards, Hubbell advances affordable-housing plans

Hubbell Realty Co. said it will soon break ground on three affordable-housing developments in Greater Des Moines, including its long-planned renovation of the Sealy Building at 309 S.W. Eighth St. downtown.

A 31-unit senior-housing project …

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August construction unemployment highest on record

The construction industry’s unemployment rate stood at 17 percent last month, the highest August rate ever recorded, the Associated General Contractors of America (AGC) said.

Though the sector added 19,000 jobs in August, the association …

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Architects support Habitat chapters

On Sept. 18, architects, intern architects, architectural students and others will take part in “Architecture for Humanity,” an event intended to support Habitat for Humanity chapters in Des Moines, Iowa City and Sioux City. In …

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Report: Industrial assets faring better than others

The industrial sector has a lower share of distressed assets compared with other commercial real estate property types, according to a third-quarter leading indicator report by CB Richard Ellis Inc.

Of about 9,960 properties valued …

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Affordable housing projects planned

Gov. Chet Culver this week announced awards of more than $181.6 million that will help fund the construction of 1,597 affordable housing units.

The Iowa Finance Authority (IFA) allocated $160.7 million in low-income housing tax …

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Rasmussen Center recognized

Grand View University’s Rasmussen Center for Community Advancement Professions was named a runner-up in the Smartest Building in America Challenge, in which judges consider criteria such as the use of Apogee or Talon building automation …