"Rick, We want to thank you for listing and selling of The Dennis Park Apartments (48 units) in Indianola. Your professionalism and understanding the markets helped us to sell the property for what we feel was top value. The handling of the sales process made for a smooth transaction. The property went from an executed purchase agreement to closing in less than two months, exactly one month ahead of schedule, this allowed us to reach retirement that much sooner. Your attention to detail was outstanding. We would happily recommend your services to anyone selling income property."

Robert & Rosalie Wassom




"Scott and I would like to thank you for listing and selling Chad Estates Apartments in Des Moines, Iowa. I originally listed the property with you because of your reputation in Central Iowa as the broker to go to when selling apartment properties. Your knowledge, expertise and marketing systems are incomparable within your market. Since we were out-of-state owners we had to have a broker who could provide more assistance then just any broker. Your ability to give the property the exposure needed to generate the most interest was outstanding especially in a slowing market. Once you had the property under contract it only took two months to close the sale. You took care of most of the details since we were out-of-state and often times out of touch dealing with our careers. Also your advice throughout the transaction helped move the property towards a smooth closing. If I had other property to sell within the Des Moines market I would not hesitate to use your services again. "

Tom Croke

Rick Krause brings over twenty years of experience in the commercial real estate arena as an investor, owner and commercial broker to his clients and customers. He is well-versed in multi-family housing as well as other income producing properties. Rick has successfully executed multiple tax deferred exchanges and understands the tax implications associated with these exchanges. He also has a keen understanding of the complex issues associated with property taxes within the State of Iowa.

Because of Rick’s unique marketing system and knowledge he continues to be recognized as a top producer. He has sold over 800 multi housing units in the last 24 months and over the past four years has sold a minimum of $14,000,000 annually in commercial real estate. These results stem directly from placing his client’s interest above all others and providing his clients with current market information and research, allowing them to make the most informed decisions possible.

In January 2003, Rick started the Central Iowa Income Property Newsletter. It includes Rick’s years of insight into income property investing and selling as well as current industry trends and issues. This newsletter is distributed to approximately 1200 income property owners within central Iowa. Rick is a member of the Iowa Commercial Real Estate Association and is currently president of Metro Business Associates. He received his Bachelor of Arts degree from Drake University.

View Rick's Profile on CBRE.com