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TODAY’S DEALS: Inland Acquires Newly Constructed Indianapolis Community

TODAY’S DEALS: Inland Acquires Newly Constructed Indianapolis Community

Inland Real Estate Picks up a 384-unit asset from Milhaus in an HFF-brokered sale; Gebroe-Hammer closes 13 multifamily sales in July and August; and Meridian Capital brokers $29 million in creative acquisition and construction financing for a boutique condominium project.…

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Retrofitted Historic Building in Downtown Indianapolis to Bring Hotel, Apartments

Retrofitted Historic Building in Downtown Indianapolis to Bring Hotel, Apartments

Downtown Indianapolis is becoming increasingly attractive to the boutique-hotel market.…

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Butler University Builds 600-Bed Student Housing Facility and Parking Garage in Indianapolis

Butler University Builds 600-Bed Student Housing Facility and Parking Garage in Indianapolis

Butler University’s plans for a major campus upgrade will bring two new facilities along Sunset Avenue in Indianapolis – a 600-bed residence hall and an approximately 1,000-space parking garage.…

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HFF Arranges $9.85M Financing for Apartment Conversion Project in Downtown Indianapolis; Officials Celebrate $10M Renovation of Historic IU Medical Building

HFF Arranges $9.85M Financing for Apartment Conversion Project in Downtown Indianapolis; Officials Celebrate $10M Renovation of Historic IU Medical Building

Pennsylvania-based HFF has secured $9.85 million in financing for 333 Penn, a 78-unit, adaptive re-use apartment building at in downtown Indianapolis.…

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Westminster Village to Build ‘Hybrid Homes’ Combining Apartment, Single-Family Home Living for Seniors

Westminster Village to Build ‘Hybrid Homes’ Combining Apartment, Single-Family Home Living for Seniors

Westminster Village has celebrated the groundbreaking of a new 54-unit senior care community at 1741 N. Salisbury in West Lafayette, on a site previously occupied by IU Health Arnett.…

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CSM Corp. to Develop the First Two-Flag Hotel Building in Indianapolis

CSM Corp. to Develop the First Two-Flag Hotel Building in Indianapolis

Minnesota-based CSM Corp. is planning the construction of the city's first dual-branded hotel building on a surface parking lot downtown.…

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Lowe’s $20.5M Call Center to Bring 1,000+ Jobs to Indianapolis

Lowe’s $20.5M Call Center to Bring 1,000+ Jobs to Indianapolis

Home-improvement retail giant Lowe’s has officially unveiled its plans to establish a massive call center on the northwest side of Indianapolis that would lead to the creation of up to 1,000 jobs by 2016.…

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Investment Property Advisors Plans More Apartments in Downtown Indianapolis; Edward Rose Seeks Bond Financing for Major Mixed-Use Project in Carmel

Investment Property Advisors Plans More Apartments in Downtown Indianapolis; Edward Rose Seeks Bond Financing for Major Mixed-Use Project in Carmel

Investment Property Advisors of Valparaiso is about to complete a large-scale apartment complex along the Central Canal in downtown Indianapolis and, according to the Indianapolis Business Journal, the company is seeking city approval to begin construction on the project’s second phase.…

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TWG, Chase and Milhaus Plan Multiple Multifamily Projects in Downtown Indianapolis

TWG, Chase and Milhaus Plan Multiple Multifamily Projects in Downtown Indianapolis

Three market-rate apartment developments and a condominium project could soon rise south of Massachusetts Avenue, bringing nearly 280 new residential units to the Lockerbie and Chatham Arch neighborhoods in downtown Indianapolis.…

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Holladay Properties Announces $20M Indoor Facility on 400-Acre Sports Campus

Holladay Properties Announces $20M Indoor Facility on 400-Acre Sports Campus

Holladay Properties of South Bend has unveiled its plans to develop a $20 million indoor sports facility at the Grand Park Sports Campus in Westfield.…

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Walmart to Open New eCommerce Fulfillment Center in Plainfield

Walmart to Open New eCommerce Fulfillment Center in Plainfield

Walmart, the world’s largest retailer, will locate an e-commerce warehouse and distribution center in Plainfield, where it plans to create up to 303 new jobs by 2016.…

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YMCA to Begin Construction on $22M Project at CityWay in Downtown Indianapolis Next Month

YMCA to Begin Construction on $22M Project at CityWay in Downtown Indianapolis Next Month

The YMCA of Greater Indianapolis will break ground on a new $22 million facility at the CityWay development in downtown Indianapolis next month.…

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