State: Iowa - IA

Four Mile Capital has paid $25 million, or $115,741/unit, for the 216-unit Bricks Waukee East apartment property in Waukee, Iowa, the fastest growing city in the state. The Louisville, Colo., investment manager funded its purchase with a $16.25 million loan ...

Commercial Real Estate Direct Staff Report The $43.6 million CMBS loan against the 856,064-square-foot Valley West Mall in West Des Moines, Iowa, has been transferred to special servicing because it's expected to default. The transfer was highlighted this morning in ...

Aparium Hotel Group has secured $28.3 million of construction financing for a conversion project in Des Moines, Iowa. First National Bank of Omaha, Neb., provided the loan, which NKF Capital Markets arranged. It will be used by Aparium, a Chicago ...

Commercial Real Estate Direct Staff Report The Westland Mall in West Burlington, Iowa, is being offered for sale, a move that will ultimately result in the resolution of a long-troubled $15.5 million CMBS loan. The loan, securitized through Wachovia Bank ...

A venture of Besyata Investment Group and the Scharf Group has paid $58 million, or $133,640/unit, for the 434-unit Autumn Ridge Apartments in Waukee, Iowa, a suburb of Des Moines, Iowa. The New York family offices acquired the nearly completed ...

Commercial Real Estate Direct Staff Report Washington Prime Group's discounted purchase of the $99.7 million loan against its Southern Hills Mall in Sioux City, Iowa, resulted in the CMBS trust that held the loan suffering $47.7 million of losses. As ...

Commercial Real Estate Direct Staff Report Washington Prime Group has struck a deal that effectively results in it retiring a troubled $99.7 million CMBS loan against its Southern Hills Mall in Sioux City, Iowa, at a substantial discount. The Columbus, ...