Indianapolis
Student Housing Trades near Indiana University in Bloomington
The 333-bed student community is conveniently located less than a half-mile from the Indiana University Bloomington campus. At the time of the transaction, it was 100 percent occupied.
IN Student Community Receives $14M Refi
The refinancing includes a cash-out component and also benefits from Fannie Mae’s Green Rewards program. The community is fewer than two miles from Indiana University.
South Street Capital JV Buys IN Student Housing Portfolio
The 290-bed portfolio consists of five adjacent buildings near Purdue University. The communities are close to major locations including Chauney Mall, West Lafayette Public Library and Northwestern Avenue.
Tikijian Closes 304-Unit Indianapolis Community
SL Systems LLC purchased the asset and plans to renovate the exterior and upgrade the unit interiors. The community was 95.7 percent occupied as of September.
Grandbridge Closes Indianapolis Community Refi
The 493-unit community is situated on the campus of Indiana University–Purdue University Indianapolis. Grandbridge placed the refinancing with Ladder Capital Finance.
Pillar Refinances 2 Indianapolis Communities
The $23.3 million in Fannie Mae loans will pay for green property improvements at Echo Ridge and English Village, two communities located on the southeast side of the city.
Broad-Based Employment Fuels Demand in Indianapolis
Indianapolis is among the nation’s top cities for finding and maintaining a job, as evidenced in a new study compiled by job search website Glassdoor.
Marcus & Millichap Lists $31M Student Housing Community
The company received the exclusive listing for 512 South Third St., a 400-bed student housing community within walking distance of the University of Illinois’ main campus.
Covenant Buys $30M Indianapolis Community
Columns of Castleton was 99.5 percent occupied as of June. The company plans to implement a $4.7 million plan for renovating unit interiors and upgrading amenities.
Tikijian Secures $37M Indianapolis Community
The company represented The RADCO Cos. in the sale of 455-unit Indianapolis asset. The new company changed its name to Ashford at Keystone and plans to renovate unit interiors.