Marcus & Millichap sells 96-room hotel in Iowa
Marcus & Millichap closed the sale of Howard Johnson Burlington, a 96-room hospitality property in Burlington, Iowa. The asset sold for $1.65 million. Ebrahim Valliani,…
Iowa
Still bullish on Des Moines: State of the Market participants see bright future for this Iowa city
Steady and resilient. Those are the words that panelists used during the second annual Des Moines State of the Market summit held Aug. 25 by…
Knutson Construction names VP and general manager for Iowa market
Vince Ellison is the new vice president and general manager of the Iowa market for Knutson Construction. He will support and oversee all aspects of…
Commercial Real Estate Hall of Fame: CBRE|Hubbell Commercial’s Linda Gibbs
Midwest Real Estate News each year welcomes a new class of inductees to its Midwest Commercial Real Estate Hall of Fame. This year, we are…
Staying strong during challenging times: Des Moines’ CRE market fighting through the slowdown
Mark Rupprecht sees signs of hope in the Des Moines commercial real estate market, even as the city fights to contain the spread of COVID-19…
Berkadia closes sale of apartment communities in Iowa, Indiana
Berkadia closed the sales of The Landing of Clinton in Clinton, Iowa, and Indian Springs in South Bend, Indiana, two multifamily properties totaling 758 units.…
SVN Chicago sells seniors housing development in Iowa
The 64-unit Grant Village Senior Housing development at 815-843 6th Street SW in Mason City, Iowa, sold to a private buyer. Cody Doran and Reid…
Stahl to build pair of school additions in Iowa
In anticipation of increased class sizes at the secondary level, Ankeny Community School District in Ankeny, Iowa, hired Stahl to build two additions, one at…
KeyBank provides $84 million of financing for healthcare properties in Iowa, Kansas
KeyBank Real Estate Capital secured $84 million of financing through Fannie Mae for an 11-property portfolio consisting of independent living and assisted living facilities owned…
Nothing’s on autopilot: Berkadia sale shows how commercial deals are getting done today
Commercial real estate deals are still getting done today, even as the COVID-19 pandemic continues to shutter businesses, scuttle in-person meetings and send unemployment skyrocketing.…