Category Archives: Iowa commercial real estate

NAI Optimum’s Marcus Pitts: The right attitude for success

by Dan Rafter Marcus Pitts simply wouldn’t let the economic slowdown hurt his business. And that, more than anything, explains why Pitts ranked as the top producer at West Des Moines, Iowa-based NAI Optimum last year. “You have to in … Continue reading

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Hipsters surprisingly fond of the Midwest

by Dan Rafter Where do the hipsters live? Wherever there are trendy bars, restaurants, coffee shops and night spots. There are plenty of such places across the country and in the Midwest, and online foreclosure provider RealtyTrac recently took on … Continue reading

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Financial pro: Renting by choice is the smart financial move … and a boost for multi-family developers?

by Dan Rafter Patrick Bet-David is a renter by choice. And he thinks others should follow his lead. Bet-David is the chief executive officer of The PHP Agency, a financial services marketing firm based in Oxnard, Calif. He also rents … Continue reading

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Good companies one of the secrets to Des Moines’ strong CRE market

Kevin Crowley, commercial sales manager with the West Des Moines office of Iowa Realty Commercial, says that there’s an important reason why the Des Moines commercial real estate market not only survived the economic downturn but is in the middle … Continue reading

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First Hospitality Group finds a niche: Turning historic buildings into modern, yet charming, hotels

Rosemont, Ill.-based First Hospitality Group is doing its part to rejuvenate the downtowns of cities across the Midwest, redeveloping historic buildings into busy hotels. It’s a niche business that has paid off for both the company and the cities in … Continue reading

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A steady rebound in Des Moines commercial sectors, CBRE|Hubbell Commercial

Steady. That’s the best way to describe the commercial real estate segments in the Des Moines area, according to two surveys recently released by Des Moines-based CBRE|Hubbell Commercial. The 16th annual Des Moines Metro Real Estate Market Survey, prepared by … Continue reading

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NAI Ruhl & Ruhl’s Pitts: Ankeny, Iowa, a hotspot for retail development

Guest column by Marcus Pitts, director and senior vice president with the Des Moines, Iowa, office of NAI Ruhl & Ruhl Commercial Company City leaders in Ankeny, Iowa, point to a comprehensive plan and talk about balanced growth when describing … Continue reading

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Steadfast Income REIT’s Neyland: Big businesses are coming to the Midwest … and that’s good news

Ella Shaw Neyland, president of Irvine, Calif.-based Steadfast Income REIT, knows the multi-family market. And she knows, too, that the states of Indiana and Kentucky are strong markets for this commercial property sector. Midwest Real Estate News recently spoke with … Continue reading

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More evidence of multi-family’s strength: Chicago’s Fifield Companies sells Alta at K Station for more than $300 million

In yet more evidence of the strength of the multi-family market in the Midwest, a Chicago developer in December closed a major apartment deal worth more than $300 million. The sale was the biggest multi-family transaction in the city since … Continue reading

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Jobs report doesn’t bode well for commercial real estate recovery

The news coming from commercial real estate pros across the Midwest has been good lately. John Sheahan,  a principal with St. Louis’ NAI Desco told me that commercial real estate activity is on the rise in his city. Kenneth Block, … Continue reading

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