Multifamily news in Indianapolis
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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.
05 May 2020 17:12 -
Herman & Kittle Expands Indiana Presence
The company has opened two new communities: Ashford Park in Columbus, Ind., and The Vue in Indianapolis.
29 January 2020 14:51 -
Indianapolis Multifamily Report – Fall 2019
Spurred by robust population growth and household creation, the city's rental demand is keeping up with supply.
16 January 2020 13:00 -
Elevation Enters Indiana Senior Housing Market
The private equity investment company paid $20 million for a 496-unit affordable senior community in Indianapolis, its largest transaction to date.
15 January 2020 09:38 -
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 -
Construction Launches at Indianapolis Student Housing Project
Spectra Student Living is developing a 418-bed community that will serve students at Indiana University-Purdue University Indianapolis.
26 November 2019 14:52 -
Suburban Indianapolis Property Sells for $61M
A BHI Senior Living affiliate acquired the community through a bankruptcy sale process. Cushman & Wakefield’s Allen McMurtry, David Kliewer and Paul Carr assisted the seller.
13 September 2019 09:13 -
Indiana Property Lands Fannie Mae Refi
Hunt Real Estate Capital provided the loan for Sugar Mill Creek Townhomes in Evansville.
30 August 2019 13:26 -
Berkadia Arranges Indianapolis Community Sale
Director Chris Bruzas and Senior Managing Director Alex Blagojevich negotiated the deal on behalf of the seller, Barrett Asset Management.
08 July 2019 08:05 -
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 -
NHI Venture Buys Senior Housing Portfolio for $128M
The REIT has teamed up with affiliates of its existing tenant, Discovery Senior Living, to acquire six communities across three states, totaling nearly 600 units of independent and assisted living and memory care facilities.
06 June 2019 14:09 -
Indianapolis Multifamily Report – Spring 2019
Apartment demand remained relatively healthy in the metro, with year-over-year rent growth at 3.2 percent as of March—on par with the U.S. average.
22 May 2019 13:02 -
Berkadia Brokers Sale of 261 Units in the Midwest
The company’s Chicago investment sales team facilitated two deals involving the 128-unit Franklin Park Apartments in Milwaukee and Highland Pointe, a 133-unit multifamily property in Indianapolis.
22 May 2019 06:37 -
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