Real Estate

Mercy Iowa City seeks $55M from MercyOne, recovery of ‘fraudulent transfers’

The oversight committee managing Mercy Hospital Iowa City’s bankruptcy estate has filed an adversary proceeding against MercyOne, the hospital’s former managing partner, seeking to recover “at least $55 million in damages caused to (Mercy Iowa City) by the defendants.” The…

After real estate downturn to end 2022, positivity on horizon for 2023

November 2022 unit sales of single-family homes were down 29.5% compared to November 2021, but…

Home sales

Greater Iowa City Area HBA announces 2023 leadership

The Greater Iowa City Area Home Builders Association (HBA) has announced its 2023 board of…

Iowa City Area HBA board

NAHB: More than 200,000 construction jobs added in past year

Year over year, construction sector jobs in the United States increased by 248,000 in the…

Construction jobs

Neumann Monson’s Griffith named Iowa Architectural Foundation board chair

The Iowa Architectural Foundation’s (IAF) Board of Trustees elected its 2023 slate of officers at…

Nathan Griffith Neumann Monson

NAR forecasts 4.78 million existing-home sales, stable prices in 2023

Lawrence Yun, chief economist and senior vice president of research for the National Association of…

Home sales homeownership 2023

NAHB report: Builder confidence declined every month in 2022

High mortgage rates, elevated construction costs running well above the inflation rate, and flagging consumer…

Home construction housing market

Iowa City Public Works named in Dezeen’s top 10 US architecture projects

Dezeen, an architecture and design magazine, named Iowa City’s Public Works building in its top…

Iowa City Public Works CREDIT DEZEEN

Jethro’s BBQ plan Coralville restaurant at former Old Chicago site

Des Moines-based Jethro’s BBQ is set to make its first entrance into the Corridor by…

Jethro's BBQ is expected to move into the former Old Chicago restaurant building on the Coralville Strip. CREDIT NOAH TONG

Commission approves bid for final phase of Eastern Iowa Airport modernization

The Cedar Rapids Airport Commission voted Dec. 19 to award a contract for the fourth…

Eastern Iowa Airport modernization

Kiddo’s Childcare and Learning Center opens in Cedar Rapids

A new childcare facility opened Dec. 10 at 3516 Center Point Rd. NE in Cedar…

Kiddo's Childcare and Learning Center opened in Cedar Rapids on Dec. 10. CREDIT KIDDO'S CHILDCARE AND LEARNING CENTER.

Iowa Finance Authority awards more than $11M to advance housing priorities

The Iowa Finance Authority Board of Directors has announced the award of more than $11…

Iowa Finance Authority

Newly-formed local nonprofit to support skilled trades

A new local nonprofit organization, Foundation for the Trades, has been formed in Iowa City…

Foundation for the Trades

Affordable Housing Network sells Geneva Tower, Hawthorne Hills properties

Affordable Housing Network, Inc. (AHNI) has announced the sale of two of its Cedar Rapids…

Hawthorne Hills sale

UI readies $20 million Duane Banks stadium renovation

The University of Iowa is accepting requests for qualification (RFQ) applications from construction firms for…

Duane Banks Baseball Stadium will undergo significant renovation next year.

JRS Pharma expansion ‘critical’ for Cedar Rapids, pharmaceutical industry

JRS Pharma is already the world’s largest producer of cellulosic products for the pharmaceutical industry,…

JRS Pharma expansion Ken Seufert Cedar Rapids