Iowa

Dougherty closes $5.7 million refinance for seniors cooperative in Iowa

The Minneapolis office of Dougherty Mortgage closed a $5.7 million HUD 213/223(a)(7) loan for the refinance of Village Cooperative of Clinton, a 44-unit, market-rate seniors…

Eastern Union arranges loan for Des Moines-area apartments

On behalf of Besyata Investment Group and The Scharf Group, Eastern Union's Jeff Seidenfeld arranged a $27.5 million bridge loan for the acquisition of 236…

Mortenson building new HQ in downtown Cedar Rapids for real estate firm

Midwest builder and real estate firm Skogman Companies on June 14 broke ground on a new headquarters at a key gateway to downtown Cedar Rapids,…

NorthMarq provides $8 million in financing for Iowa student housing project

Jason Kinnison, senior vice president of NorthMarq Capital's Omaha, Nebraska, regional office, arranged acquisition financing of $8.25 million for South Campus Properties in Ames, Iowa.

Boulder Group closes $4.6 million Walgreens sale in Iowa

The Boulder Group completed the sale of a single-tenant net-leased Walgreens property at 830 Middle Road in Bettendorf, Iowa, for $4.675 million.

MidwestRetail

Sears Holdings announces 63 store closures, with more on the way

Sears Holdings Corporation, the Hoffman Estates, Illinois-based holding company of Sears and Kmart, has announced a new round of store closures. The company will have…

Dominium wraps renovations of Davenport apartment complex

Apartment developer Dominium recently celebrated the grand re-opening of Castlewood Apartments in Davenport, Iowa. This event took place May 21.

HFF closes sale of 96,000-square-foot grocery-anchored retail center in Dubuque

Holliday Fenoglio Fowler, L.P. closed the sale of and acquisition financing for Warren Plaza, a 96,310-square-foot, grocery-anchored shopping center in Dubuque, Iowa.

Darland to start construction on 38,000-square-foot clinic in Omaha market

Darland recently held a ground-breaking ceremony for a new medical office building in Council Bluffs, Iowa.

JLL managing director in Des Moines wins SIOR honor

Marcus Pitts, managing director with the Des Moines, Iowa, office of JLL, was recently honored by the Society of of Industial and Office Realtors for…