Gohman Realtors Sold to Stanbrough of Des Moines
Cedar Rapids based Gohman Realtors has been sold to Stanbrough Real Estate of Des Moines effective January 1. The two Cedar Rapids offices will operate under the Stanbrough name offering residential commercial and farm sales and property management with a third office added later. A temporary office will open January 15 at 1241 Park Place NE while a new branch at 5020 Council St. NE is built, with completion planned for June. The purchase keeps Gohman founder Thomas R. Kelley as Cedar Rapids sales manager and 40 agents from the existing offices will join the new firm, as Stanbrough aims for 75 Cedar Rapids agents.
MENTIONED IN THIS ARTICLE
Gohman Realtors
Cedar Rapids
Stanbrough Realtors
Des Moines
Better Homes and Gardens National Real Estate
Gohman
Stanbrough
Park Place
Council St
Thomas R. Kelley
First Ave
Johnson Ave
Kelly
The
Gazette
Iowa Securities Realtors
Gary Gohman
Better Homes and Gardens Real Estate Service
Iowa Association of Realtors
Mason City
Clear Lake
Manly
Britt
Forest City
Gene Stanbrough
Better Homes and Gardens
Iowa
Banks cut prime rates amid sharp interest crunch
Des Moines banks reduce prime lending to 18 percent as lawmakers and bankers cite “shocking” rates. Valley National Bank of Des Moines reports about 200 million in assets, while Iowa-Des Moines National Bank tops with about 1 billion in assets and a 21 percent rate. Alabama bankers plan to undercut national primes with cost plus profit, promising lower rates for consumers.
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Gazette
Des Moines
Holmes Foster
Banks of Iowa
Valley National Bank of
Valley
Iowa-Des Moines
Cedar Rapids
the Gazette
Chicago
New York City
Montgomery
Ala
Alabama Bankers Association
Alabama
Ben Oakley
The
Association
Independent Bankers Division
Oakley
Bank of Columbia
Chrysler Applies for 400 Million Federal Loan Guarantees
Chrysler Corp. formally filed a request for 400 million dollars in federal loan guarantees to help the automaker emerge from financial trouble. The application was received by the Chrysler Loan Guarantee Board, with revised operating and financing plans submitted in Detroit. S&P lowered Chrysler's credit rating to triple C due to ongoing viability concerns. A Des Moines cable company purchased Clinton TV Cable Co. Heritage already owned 25 percent of Clinton.
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Washington
Chrysler Corp
Treasury Department
Chrysler Loan Guarantee Board
Detroit
Chrysler
New York
Sundard & Poor
Investment Rating Service
Clinton
Des Moines
Clinton TV Cable Co
Heritage
Midwest Markets C R group acts in rate case intervention
The Iowa Commerce Commission allows the Cedar Rapids Metro Housing Association to intervene in the Iowa Illinois Gas and Electric rate increase filing. Richard Rehman of Cedar Rapids says the group seeks to block a proposed 13.9 percent rate category change for apartment complexes with central heating. A hearing is planned in Des Moines after the new year.
MENTIONED IN THIS ARTICLE
C.R. Group
Rehman
Metro Housing Association of
Cedar Rapids
The
Gazette
ICC
Des Moines
Local Graduates and Holiday Advertisements Sweep Small Town
Wendy L. Harrelson receives a bachelor’s degree from Colorado State University Fort Collins. Joselyn Haefner earns an M A from University of Northern Colorado Greeley. Holiday notices include library closures and store sales. Evening games and early Bird program at Emerald Knights Hall. Various ads list hours, rewards, and shop announcements.
MENTIONED IN THIS ARTICLE
Wendy L. Harrelson
Hill Drive
Colorado State University
Fort Collins
Colo
Joselyn Haefner
Blue Ridge Drive
University of Northern Colorado
Greeley
Zone zoning committee backs three rezoning petitions
The Cedar Rapids Zoning Committee recommended approval of three petitions opposed by city staff. Dr. Robert Caldwell seeks to rezone 214 13th St SE to office services and allow a parking lot at 1265 and 1269 Second Ave SE. Leland and Lana Dankert ask to rezone 1000 Ellis Blvd NW for a beauty parlor, with neighbors mixed on impact. The panel also approved Donald MacKay’s revised site plan for East Post Road condominiums 4-1, amid neighbor concerns over density and ownership.
MENTIONED IN THIS ARTICLE
Cedar Rapids
City Planning Commission
Robert Caldwell
13Th St. SE
Second Ave
Caldwell
13Th St
Second Avenue
Leland
Lana Dankert
1000
Ellis Blvd
Ellis Boulevard
Velma Lockhart
Eighth St
Tom Popa
Donald MacKay
44Th Street
Mount Vernon Road
MacKay
East Post Road
Tom Riley
Green Valley Court
Charles Jungman
High Twelve-Club skips meeting this week
Local community notices mix gift boxes and holiday deals from Johnson Nut Company and Sondrol's Variety. Advertisements promote discounts, classes, and services with contact numbers and deadlines for the holiday season.
MENTIONED IN THIS ARTICLE
High Twelve — Club
Johnson Nut Company
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ABA
Indus
Amer Medical
Oil Securities Inc
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Nis
Salant Corp
Steward & Steven
Toledo Edison
Oven
U.S. Sugar Core
Mid-America High
Iowa Department of Agriculture
U.S. West North Central
N-Central
Vas
Ssovisenen Einerstennensee
Early Birds
Emerald Knights Hall
2Nd Ave. S.E. Adv
Novak
14Th Avenue SE
First National Bank
2Nd Street N.W
Edgewood
7Th Street
S.E. Adv
Hanford Post
the American Legion
Advis
Paperback Exchange
Blairs Ferry
Collins
Adv
Herrin
Iowa Theatre
Bennie
Ben Franklin Stamp Co
Sondrol
1St Ave. S.E
Knights of Columbus
Mount Vernon Rd
Duffy Custom Lawn Service
Bernina Sewing Machines
Hawkeye Vacuum and Sewing
South
Gilbert
Iowa City
Morris Plan
Treasury
Jamie Sabin
V.F.W
Ray Alto
TEE
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Incor
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Charlie Saxton
Moyor
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Sige
Troy
Francis J. Pruss
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Raymont Suoy Hunt
Pais
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Linn County
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