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Melbourne, IA · Real Estate
Des Moines Business Record
Report: Des Moines area’s multifamily sector remains strong
Strong population and employment growth over the past decade has helped the Greater Des Moines area absorb a wave of new apartment construction while keeping occupancy high and rents climbing, according to a recently released multifamily market report from CBRE. In the past 10 years, the Des Moines area has...
Des Moines Business Record
Hubbell Realty sells Edencrest senior living properties to Welltower
An Ohio-based real estate investment trust has acquired Hubbell Realty Co.’s portfolio of Edencrest senior living communities, ending Hubbell’s 15-year investment in developing and expanding the brand, real estate records show. Welltower Inc., an S&P 500 company headquartered in Toledo, Ohio, paid Hubbell Realty nearly $133.9 million for...
rejournals.com
QT Commercial adds business development specialist in Des Moines office
QT Commercial hired Trent Drake for a new Business Development role, supporting the company’s continued growth throughout Iowa, Missouri, Kansas, and Nebraska. Based in Des Moines, Iowa, Trent will focus on building relationships with property owners, facility managers, commercial real estate professionals, and industry partners while expanding QT Commercial’s presence across the Heartland.
travelmag.com
This Iowa Community Gives Retirement Savings More Breathing Room
I have always thought retirement math should leave room for more than staring suspiciously at the grocery receipt. You start comparing towns, and suddenly every housing payment, medical bill, and grocery run begins auditioning for a role in your future budget. Then Iowa offers a quieter possibility where daily life...
iheart.com
Daisy Plant Being Built In Boone Brings Jobs, Economic Development
(Boone, IA) -- A new dairy plant being constructed in Boone is expected to employ at least 255 people and impact ancillary businesses. Boone Alderman Terry Moorman says Daisy is spending $1.3 billion to construct the plant, which has led to new housing developments in the area and the need for more dairy production.
wheninyourstate.com
An Iowa suburb may pause a tax break, and first-time homebuyers could feel it
A property-tax break that has helped make new homes more affordable in Altoona, Iowa, could soon stop accepting new applicants. City leaders have scheduled a public hearing for July 20, 2026, as they weigh whether the program still fits the city’s finances. Mayor Dean O’Connor warned that first-time buyers...
Axios
Long-vacant south Des Moines tract could become senior housing
Nelson Construction proposes a multiphase housing development on 12.4 acres behind the Aldi grocery store near Southeast 14th Street. Why it matters: The project could add affordable housing and activate long-vacant land contaminated by COTA Industries, a former paint and industrial-coatings plant cleaned up by the EPA in the 1990s.
iheart.com
Des Moines Housing Market Sees Steady Month of June
(Des Moines, IA) -- Despite an anticipated summer slowdown, the Des Moines area housing market saw a steady month of June. Overall, the market saw an increase in the number of active listings, closed sales, and the median sales price, as well as a decrease in the number of days homes spent on the market.
Des Moines Business Record
Report identifies benefits, risks of ‘lifestyle’ districts
Mixed-use districts that attract office, retail and residential development are drawing higher rents and higher occupancy rates than other areas in a community, according to a recent report released by JLL. The brokerage firm’s Lifestyle District 2026 report tracked data from 60 markets across the country and found that there...
The Des Moines Register
See Iowa's tallest residential tower as it tops out I Exclusive
After climbing up Des Moines' skyline for nearly a year and a half, Des Moines and Iowa's tallest residential tower has topped out. Construction crews on Thursday, July 9, stood atop the 347-foot-tall building, paying little attention to the vistas around them as they sprayed and smoothed the final concrete deck that will serve as the roof of 515 Walnut's 33rd and final story. Though there was no formal celebration to mark the moment, Joe Teeling, president of St. Joseph Group, 515 Walnut's developer, said topping out is an exciting milestone for the nearly $150 million project, now Des Moines' fourth-tallest building. "It's just one more step in knowing that this thing is going to get done," Teeling said. The tower, which will house 390 apartments, is the largest in Iowa since the state's tallest building, 801 Grand, reached its maximum height in January 1990, more than 36 years ago. 515 Walnut is only slightly less lofty than the also 33-story Des Moines Marriott hotel, which is about 13 feet taller. The Ruan Center across Seventh Street from the Marriott ranks second. Moving to fifth place is the Financial Center, which stands just 2 feet shorter than its new neighbor
Des Moines Business Record
Krause Group to demolish two buildings as part of redevelopment of Butler, Jefferson buildings
Demolition is expected to begin this week on two buildings as part of Krause Group’s redevelopment of the Jefferson and Butler buildings in downtown Des Moines. According to a news release, the buildings slated for demolition are at 1511 Grand Ave. and 515 16th St., which is a former Sherwin-Williams store. The removal of the buildings is an early step to support the redevelopment of the Jefferson and Butler buildings and create parking for the projects.
Axios
West Des Moines considers denser, more walkable neighborhoods
West Des Moines is considering a new zoning district that would let developers build denser, more affordable neighborhoods. Why it matters: Suburbs are known for their wide sprawl and huge backyards, but the new "blended neighborhood" district could create more entry-level homes in walkable neighborhoods. Flashback: The effort is part...
Des Moines Business Record
NOTABLE TRANSACTIONS: Homebuilder Lennar acquires more lots in Des Moines area
Lennar Corp., doing business as Lennar Iowa LLC, has acquired 12 residential building lots in West Des Moines, Polk County real estate records show. Lennar, the nation’s second-largest homebuilding company, paid Savanah Development LLC just over $1 million for the lots in Cross Creek, a plat in southeast West Des Moines.