Multifamily news in Indianapolis
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Indianapolis Affordable Housing Lands Equity Investment
The capital from Woodforest National Bank and CEI-Boulos Capital Management will support the 188-unit brownfield Opportunity Zone development.
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ACRE Provides $104M Financing for 3 Communities
The loans will go toward refinancing and renovating properties in Kentucky, North Carolina and Indiana.
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Indianapolis Multifamily Report – Spring 2021
Despite its share of challenges, the metro's rental market is performing better than expected.
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Indianapolis Multifamily Report – Fall 2020
Even as most fundamentals softened, rent growth remained positive through the third quarter.
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Milhaus Appoints New COO
Greg Martin is a co-founding partner of the company and has more than 30 years of industry experience.
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Top 5 Midwestern Markets for Multifamily Transactions
Even as deal velocity has slowed nationwide, one market’s volume through October picked up by nearly 50 percent compared to last year.
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BWI Breaks Ground on Indiana Senior Community
Gardant Management Solutions will manage the 130-unit affordable community in Anderson, set to open in fall 2021.
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An Insider’s View on Multifamily Development in Indianapolis
Milhaus’ Brad Vogelsmeier explains what makes this Midwestern market compelling and why he expects secondary markets to continue to perform well going forward.
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Berkadia Secures $17M Refi for Indianapolis Community
Senior Directors Michael Zaremski and Michael Shmuely arranged the financing on behalf of a private investor.
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Indianapolis Multifamily Report – Summer 2020
Since the onset of the pandemic, the market has consistently outperformed the U.S. average.
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Coastal Ridge Secures Refi for 2 Indiana Student Housing Properties
Fifth Third Bank provided the loan for Overlook at Notre Dame and Irish Flats, serving students attending the University of Notre Dame.
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Herman & Kittle Scores $59M for Indianapolis Affordable Project
The 210-unit community in the Wayne East submarket will cater to low-income residents aged 55 and older.
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Lightstone Lands $30M Loan for Suburban Indianapolis Asset
Greystone secured the acquisition financing for the 280-unit garden-style community in Noblesville, Ind.
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Top 5 Midwestern Markets for Multifamily Transactions
Yardi Matrix data shows that more than two thirds of the $1.5 billion closed in the first quarter involved assets in only five of the region’s metros.
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Herman & Kittle Expands Indiana Presence
The company has opened two new communities: Ashford Park in Columbus, Ind., and The Vue in Indianapolis.