Multifamily news in Indianapolis
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CS Acquisition Group Sells 272-Unit IN Community
The Lakewood, N.J.,-based company sold a 16-building multifamily asset in Beech Grove to a private investor. The property was 95 percent occupied at the time of sale.
17 April 2019 12:51 -
Suburban Indy Community Changes Hands
The buyer, Muesing Management, secured more than $7 million in short-term financing from Merchants Bank of Indiana to fund the acquisition.
01 March 2019 14:30 -
Emma Capital Grows in Indianapolis with $39M Buy
The Toronto-based company expanded its footprint in the city to 1,829 units with the acquisition of two apartment communities in the Washington West submarket.
08 February 2019 10:00 -
Indianapolis’ Demand Keeps Up With Supply
Multifamily demand is strong in the metro, where favorable employment and demographic trends are putting upward pressure on occupancy and giving property owners leverage to raise rents.
18 January 2019 12:37 -
Berkadia Arranges IN Community Sale
Managing Director Alex Blagojevich and Director Chris Bruzas of Berkadia completed the sale on behalf of both the buyer and the seller.
11 January 2019 14:51 -
CAPREIT Lands $77M Refi for Midwest Portfolio
The assets include The Kensington at Beverly Hills in Michigan, Valle Vista Armes Apartments in Indiana, Greenway Chase Apartments in Missouri and Pointe West Apartments in Iowa.
27 December 2018 17:38 -
JVM Completes Renovation in Indianapolis
The community underwent major renovations, including a new pet-washing station, an upgraded fitness center, a coworking lounge, a redesigned clubhouse and new furniture for the pool.
14 December 2018 14:29 -
Emma Capital Expands in Indianapolis
The Hunt Club Apartments and Brandywine Apartments, totaling 496 units, bring the Toronto-based investor’s multifamily holdings in the U.S. to some 9,000 units.
11 December 2018 15:54 -
Greystone Secures $32M Refi for IN Community
The 304-unit pet-friendly residence is situated close to Metropolis Mall and to other various shopping, dining and entertainment venues.
04 December 2018 14:43 -
What’s Ahead for Indianapolis
J.C. Hart Co.'s president provides insights into the metro’s development and investment scene, pointing out that oversupply may soon be a factor.
29 November 2018 14:10 -
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 -
Tikijian Associates Arranges $122M Indianapolis Portfolio Sale
The seller acquired Westlake, Woods Edge, Wind Drift, Villa Nova and Riverwood back in 2009 in a portfolio sale. The buyer plans to renovate and rename the properties.
13 November 2018 13:02 -
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