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Lawmark Capital secures financing for the transformation of the Financial Center into 209 apartments in Des Moines, Iowa. This funding reflects a significant adaptive reuse project backed by Foss & Company.
PRIVATEJul 22, 2026•16 days ago
Amount Raised
$14.6 Million
Round Type
Venture - Series Unknown
Des MoinesEnergy
Investors
Foss & Company
Description
Lawmark Capital has closed financing for its project to convert the historic Financial Center in Des Moines into 209 market-rate apartments. This involves an extensive transformation of the landmark 25-story tower. The project aims to preserve historic architecture while providing much-needed housing in the area. Resident amenities will include modern facilities and access to the downtown skywalk system.
Company Information
Company
Lawmark Capital
Location
Des Moines, Iowa, United States
About
Foss & Company is a national tax equity investor and fund sponsor founded in 1983. The firm has deployed over $11 billion in tax equity into historic rehabilitation projects, renewable energy, and advanced energy production facilities. They specialize in financing complex historic tax credit transactions and are leaders in the office-to-residential conversion sector. Foss & Company offers full-service advisory expertise to help partners navigate tax equity investments.
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Des MoinesEnergy