Investing
IN IOWA
We provide qualified
Iowa Investors
Investing in Iowa real estate for Iowans, by Iowans.
Investing in Iowa real
estate for Iowans, by
Iowans.
What We Do
Legacy Impact Investors is an Iowa-based, privately-owned real estate investment firm that acquires and manages a portfolio of cash-flowing and value-add assets across the Midwest.
Criteria
We have two buy-boxes. One for value-add assets where we implement a business plan & sell. The other for cash-flowing assets to hold in our portfolio.
Strategy
We identify properties to hold for the long-term, or those that have a value-add component where we can force value appreciation through proven business strategies.
locationS
We invest in cities across the Midwest due to our extensive network of connections, purchasing power, and the region’s steady performance fundamentals.
Listen to Our Podcast
Listen to our podcast for insights on industrial real estate investments. Discover strategies, market trends, and success stories from experts at Legacy Impact Investors. Tune in and stay informed!

From cornfields to highrises, office to industrial, houses to hotels, and every other asset class in real estate. We cover the people, the projects, and the profit.
Welcome to The Investing in Iowa Show.
This show is for go-doers, action-takers, and business owners.
It’s for people like you who are sick of Uncle Sam taking a huge bite of your apple.
If you’re looking to get ahead of what’s taking place in Iowa, learn who is doing what and how you can get in on action—you’re in the right place.
Hosted by Neil Timmins, an Iowa native who has been involved in over $300M in real estate right here in Iowa.
What does it take to keep building when capital is tight, risk is rising, and patience matters more than ever?
Dave Wilson joins the show to share his path from Oak Park, Illinois, to a long career in Iowa commercial real estate. He talks through the move to Dubuque during high school, graduating from Upper Iowa University, and how an early role at a bank led him into brokerage, leasing, and eventually full-time development.
Today, Dave is Senior Vice President of Real Estate Development at Ryan Companies, where he focuses on industrial, healthcare, and retail projects across the Midwest. He explains how the business has changed, why build-to-suit work and forward commitments have become more important, and how developers are balancing fees, profit, and risk in a tougher capital environment.
Dave also breaks down why brokerage can be a strong entry point for aspiring developers, what CCIM taught him that the classroom could not, and why relationships with cities, communities, and industry peers still matter as much as ever. Looking ahead, he shares why he believes activity could pick up sharply as more groups on the sidelines move back into the market.
🧠 Dave Wilson’s Top 5 Takeaways:
- Why developers are leaning more on fully funded forward commitments to reduce risk in today’s market.
- How tighter capital markets are forcing developers to choose between higher profit and greater certainty.
- Why brokerage can be one of the best training grounds for a career in development.
- How relationships with cities, communities, and industry peers can directly impact project success.
- Why Dave expects development activity to build toward the end of 2026 and into 2027.
👤 About Dave Wilson:
Dave Wilson is Senior Vice President of Real Estate Development at Ryan Companies. Based in Cedar Falls, he works out of Ryan’s Cedar Rapids office and focuses on industrial, healthcare, and retail development across the Midwest region. He has spent about 25 years in development, including 18 years with Lockard Development and nearly eight years with Ryan Companies.
Originally from Oak Park, Illinois, Dave moved to Iowa during high school, graduated from Upper Iowa University, and built his career in commercial real estate from the ground up. He also earned his CCIM designation in 2002 and served as president of the CCIM Institute in 2018.
Contact Info:
Company | Ryan Companies
Website | www.ryancompanies.com
LinkedIn | David Wilson, CCIM, SIOR
Learn More: www.littleguyloans.com/learnmorepod

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- June 13, 2024
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In this episode of the Investing in Iowa podcast, host Neil Timmins sits down with Shane Torres, principal owner of Remax Concepts and other entities. Shane sh…
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Welcome to another episode of Investing in Iowa! This time, I’m chatting with Bill Wright, a seasoned commercial real estate broker at CBRE in West Des Moines….
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Meet the CEO
NEIL J. TIMMINS
By at the age of 29, he became the #1 RE/MAX agent in Iowa.
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