Multifamily news in Indianapolis
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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.
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Indianapolis Multifamily Report – Fall 2019
Spurred by robust population growth and household creation, the city's rental demand is keeping up with supply.
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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.
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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.
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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.
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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.
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Indiana Property Lands Fannie Mae Refi
Hunt Real Estate Capital provided the loan for Sugar Mill Creek Townhomes in Evansville.