Finance & Investment - Indianapolis
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Indianapolis Community Lands Refinancing
The Embassy Group, the owner of the 163-unit Class C community, acquired Oak Park from Morgan Properties in August 2015.
22 November 2018 07:42 -
JAE Property Group Buys Indy Community
The company purchased a 89-unit garden-style community from Barratt Asset Management, which had acquired the property in 2016 for $1.8 million.
21 November 2018 14:48 -
Local Investor Buys 248-Unit Indy Community
Ardizzone Enterprises paid well over $12 million for the asset. U.S. Bank, the seller, had foreclosed on the property in 2016.
20 November 2018 12:36 -
Indianapolis Mixed-Use Gets $104M
HFF arranged the floating-rate loan for Flaherty & Collins Properties, which used the proceeds to retire construction debt. Heitman originated the loan on behalf of an affiliate.
15 August 2018 16:54 -
Top 10 Largest Multifamily Completions in Indianapolis
Despite two strong years for inventory growth, demand for new units has continued to grow across the metro, putting pressure on builders. Overall, rental projects have stayed moderate in size—up to 250 units.
10 July 2018 13:12 -
Summit Equity Investments Buys IN Senior Housing
Whitmore Investments and Paragus Cos. traded the 66-unit property located in Brownsburg. Tikijian Associates represented the joint venture in the transaction.
09 July 2018 15:45 -
Multifamily Community With 753 Units Trades in Indianapolis
Shamrock Communities sold The Cottages of Fall Creek to Pepper Pike Capital Partners. The new ownership will make a significant capital investment in the asset.
19 June 2018 15:20 -
Radco Acquires 1,400 Units in Suburban Indianapolis
A major private capital player, the company financed the acquisition using its private capital platform, as well as debt furnished by BBVA Compass.
07 June 2018 18:35 -
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 -
Emma Capital Lands $64M Indianapolis Portfolio Deal
The three properties total 849 units and represent the first purchase the company completed in this market. Renovation work will begin once the final transaction closes.
18 May 2018 16:53 -
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 -
Steadfast Acquires Indianapolis Property for $45M
Avery Point Apartments, a 512-unit community, includes 58 two-story buildings with one- and two-bedroom units, and two-bedroom townhomes that average about 900 square feet.
27 December 2017 15:32 -
IN Student Community Receives $14M Refi
The refinancing includes a cash-out component and also benefits from Fannie Mae's Green Rewards program. The community is fewer than two miles from Indiana University.
30 November 2017 16:22 -
Grandbridge Closes Indianapolis Community Refi
The 493-unit community is situated on the campus of Indiana University–Purdue University Indianapolis. Grandbridge placed the refinancing with Ladder Capital Finance.
03 November 2017 14:23 -
Pillar Refinances 2 Indianapolis Communities
The $23.3 million in Fannie Mae loans will pay for green property improvements at Echo Ridge and English Village, two communities located on the southeast side of the city.
02 November 2017 18:51