Investor Profile - IA
Michael Foust
Michael Foust is a real estate investor and operator based in Des Moines, IA. Public filings show activity across 73 properties held through 7 holding companies. Recent mortgage relationships include Community Choice Credit Union, KRUSE CONSTRUCTION, and West Bank.
Michael's Activity
As of June 2026, public records show approximately $8.9M in recorded mortgage exposure linked to this investor across at least 65 mortgage filings and 73 properties held through 7 holding companies. Activity appears concentrated in residential and commercial assets recorded between 2016 and 2025.
Primary Geography
Des Moines, IA
ZIP codes: 50310, 50324, 50211, 50325, and 50263
Most activity in DES MOINES, WINDSOR HEIGHTS, NORWALK, CLIVE, and WAUKEE.
Property Type Breakdown
Associated Entities (7)
IA · 8 properties · 43 mortgages
IA · 6 properties · 11 mortgages
+5 more entities not shown
Mortgages (65)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 09/16/2025 | $100k | Open | Community Choice Credit Union | PATRICIA PARK PROPERTIES 2 INC | 205 SW KLINE ST, ANKENY, IA 50023 |
| 09/16/2025 | $89k | Open | Community Choice Credit Union | PATRICIA PARK PROPERTIES 2 INC | 4155 53RD ST, DES MOINES, IA 50310 |
+63 more not shown
Owned Properties (73)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 308 W 1ST AVE, INDIANOLA, IA 50125 | MFF LAND FUND INC | Owns - 5 mos | $17k |
| 319 WALNUT DR, NORWALK, IA 50211 | GRACE ALLEN HOMES INC | Sold | $86k |
+71 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential and commercial properties across Des Moines, IA.
What companies is Michael Foust associated with?
Michael Foust is associated with 7 entities based on extracted signatures from public records. Key entities include GRACE ALLEN HOMES INC, PATRICIA PARK PROPERTIES 2 INC, PATRICIA PARK PROPERTIES INC, MFF LAND FUND INC, and PATRICIA PARK PROPERTIES 3 INC.
How many properties are associated with this investor?
At least 73 properties are associated with Michael Foust and the entities they control, based on signatures extracted from recorded documents connecting Michael Foust to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Community Choice Credit Union, KRUSE CONSTRUCTION, and West Bank, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2016 through 2025, with the most recent mortgage recorded in 2025.
How is associated activity determined?
Elementix uses AI to extract signatures from recorded documents. These signatures are used to determine the relationships between people and entities. This is a novel approach that goes beyond looking at corporate filings and skip-tracing.
The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities. Any contact indicators shown (such as email domain references or partial phone digits) are provided solely as unverified signals and may be incomplete or outdated.
Elementix is not a consumer reporting agency, and this information does not constitute a consumer report. The data may not be used to make decisions about an individual's eligibility for personal credit, consumer housing, employment, insurance, or any other purpose governed by the Fair Credit Reporting Act.
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