Affordable Housing - Indianapolis

  • Herman & Kittle Properties Opens Affordable Community in Indiana

    The Gables in Greenwood features both market-rate and low-income housing tax credit apartments in Greenwood, Ind.

    08 January 2020 18:11
  • The Annex Group Begins Work on Affordable Development in Indiana

    Together with T&H Investment Properties, the company broke ground on Union at Washington, a 51-unit community reserved for low-income residents in Kokomo.

    01 July 2019 17:14
  • On the Market: 5 Interesting Listings for the Week of 10/15

    This week's listings include a student housing investment opportunity in Boca Raton, an affordable community in Tampa, and more.

    19 October 2018 17:32
  • IN Affordable Assisted Living Facility Lands $17M Financing

    Walker & Dunlop provided the 40-year construction loan through HUD's Low-Income Tax Credit for Oasis at 56th that will feature 51 studios and 73 one-bedroom apartments.

    24 May 2018 07:11
  • IN Affordable Senior Housing Lands $7M in Tax Credits

    Historic Sullivan Lofts is slated to include 40 senior housing units and will provide free social services, including physical therapy, medication delivery and off-site transportation to residents 55 and older.

    07 February 2018 08:26
  • On the Market: 5 Interesting Listings for the Week of 12/5

    This week's listings include a Mediterranean-style town home community and an Indianapolis property located on a 60-acre lake.

    09 December 2016 18:15
  • Harmony Housing Adds to Its Portfolio in Texas and Indiana

    The properties will benefit from preservation as affordable housing on a permanent basis.

    07 December 2016 14:45
  • Pangea Achieves 90% Occupancy in Record Time for Two Turn Around Properties

    Pangea Properties, a private real estate investment trust based in Chicago, has announced that, after having made significant property improvements, it has achieved 90 percent occupancy for two of its recently acquired Indianapolis communities. The company purchased both 109-unit Pangea Courts and 120-unit Pangea Riverside in 2012.

    09 November 2013 01:53
  • Hertz Investment Acquires 650,000 SF Office Property in Indianapolis

    Hertz Investment Group of Santa Monica, CA has closed on the purchase of the 650,000 square-foot Capital Center Office Tower Complex in Indianapolis from Invesco Real Estate. The local office of CBRE represented the seller in the transaction. According to the Indianapolis Business Journal, the complex is the 12th-largest in the city and the fifth-largest downtown. Located on Illinois Street, between Ohio and New York streets, the two-building Class A office property is comprised of the 17-story North Tower and the 22-story South Tower. Amenities include an underground parking structure with 525 spaces, two restaurants, conference facilities, a sundry shop, a coffee shop and a fitness center.

    22 April 2013 16:42
  • Vista Capital Arranges $7.7M CMBS Loan for Extended-Stay Property in Indianapolis

    Vista Capital Company has negotiated and closed $7.7 million of financing for the five-story Staybridge Suites hotel in downtown Indianapolis. The 10-year CMBS loan was provided by a European-based group of investors who were attracted by the market and by the strong performance of the asset. The extended-stay, InterContinental-branded hotel was built in 2000 by its current owner. The property offers 146 rooms, along with a variety of amenities, including a business center, a fitness center and an indoor pool.

    22 March 2013 21:38