Multifamily news in Indianapolis
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Health Care, Tech Drive Growth in Indianapolis
The pool of talent coming from local universities, along with a reasonable cost of living and doing business, continues to attract residents and employers to the area, boosting multifamily demand.
14 August 2018 10:33 -
J.C. Hart Acquires 102-Unit Indianapolis Community
Built in 2016, The Flats at Switch offers more than 9,800 square feet of retail space and was more than 90 percent occupied as of June.
06 August 2018 11:07 -
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 -
Asset Campus Expands Student Housing Management Portfolio
The company has acquired St. Joe Place, a 144-unit community that serves students at Ivy Tech Community College and Purdue University-Fort Wayne.
04 July 2018 14:55 -
Peak Campus to Manage 2 Indianapolis Properties
Greyhound Village and University Lofts are owned by Strategic Capital Partners and add 780 beds to the management company's portfolio.
20 June 2018 15:24 -
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 -
Essex Realty Group Brokers IN Community Sale
Mayfield Apartments, a 52-unit, garden-style community near Valparaiso University in Porter County, changed hands for $2.7 million.
11 June 2018 12:09 -
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 -
JV Buys 152-Unit IN Student Housing Community
The Park on Morton campus offers 6,000 square feet of additional retail space and serves students attending Indiana University.
30 May 2018 18:59 -
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 -
306-Unit Community Trades Near Indianapolis
Tikijian represented the seller, developer and manager of the asset. Flaherty and Collins will take over property management on behalf of the new owner.
03 May 2018 20:01 -
Heavy Demand Powers Development Surge in Indianapolis
The apartment boom continues in the city, spurred by demographic factors and a strong economic engine.
22 March 2018 13:35 -
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