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DES MOINES, IOWA, AND MINNEAPOLIS — Opus Development Corp. has closed on two construction loans totaling $32 million through TCF Bank. The loans will fund projects in Des Moines, Iowa, and Minneapolis. A loan was secured for the 198,000-square-foot Stadium Village Flats, a mixed-use development located in Stadium Village near the University of Minnesota, which is slated for completion in the fall of 2012. Also, a loan was arranged for a 300,000-square-foot industrial facility for a Fortune 100 company in Des Moines, which will be completed in February 2012. Construction has started on both projects.