Rick Tollakson
Biography: Rick Tollakson is responsible for the strategic operations for Hubbell Realty Company and its multiple subsidiaries including Indigo Living (Apartment Management), Highmark (assisted and memory care management company exclusively for Hubbell owned Edencrest communities in Central Iowa), Hubbell Homes (Production Homebuilder in Des Moines), Embarq Signature Homes (Custom Homebuilder in Central Iowa). Origin Homes (on your lot rural Iowa homebuilder), Hubbell Construction Services, Hubbell Land Development, Hubbell Commercial and Multifamily Development, Hubbell Commercial Property Management, The Home Company (Production Homebuilder in Omaha), The Land Company (Omaha), Premiere Land and Title (Omaha), Hubbell Association Management, Hubbell Asset Management, Hubbell Captial Formation and Hubbell Golf. Rick joined Hubbell Realty Company in 1984 and was promoted to President and CEO in 2004. Rick graduated from Iowa State University, 1976, with a BS in Construction Engineering and from the University of Iowa, 1982, with a MBA. Rick started his career as a Project Engineer with Youngblut Construction in Waterloo, Iowa and later joined the Abell Howe Company in Cedar Rapids, Iowa as a Project Manager. Rick received his Professional Engineer license in 1980. Rick was named an Outstanding Young Alumnus from Iowa State University, named to the Midwest Commercial Real Estate Hall of Fame, inducted in the Iowa State University Civil, Construction and Environmental Enginnering Hall of Fame and inducted into the Iowa Business Hall of Fame. During his career with Hubbell, Rick has been involved in the development of several commercial projects such as Kaleidoscope at the Hub, RiverPoint Business Park, Lakeview Medical Park and Birchwood Crossing Business Park. Hubbell Realty has developed several notable residential communities including Glynn Village Conservation Community in Waukee, Copper Creek Golf Course Community in Pleasant Hill and The Legacy Golf Course Community in Norwalk. In 2007 Hubbell entered the multifamily rental market and has developed market rate, low income housing tax credit and historic tax credit projects in both the downtown Des Moines market and many of the suburban markets. Projects include Cityville, Rocket Transfer Lofts, Riverpoint Lofts, 14Forty Lofts and 7th Street Brownstones in downtown Des Moines; The Winhall in Waukee, Stonegate Crossing in Clive, Meadowlark Place in Grimes and Legacy Landing in Norwalk.
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