Indianapolis
Indianapolis: Full Speed Ahead
Demand for apartments continues to be strong, thanks to the locale’s relative affordability. The city’s high-quality education system and skilled workforce attract residents and employers, propelling economic growth.
Marcus & Millichap Sells Indianapolis Community
Built in 1980, the one-story building is located near Memorial Hospital, a major employer in the area. The community was 100 percent occupied as of May.
ACC to Open Indianapolis Student Housing
ACC partnered with Butler University to open another student housing facility in Indianapolis. The 648-bed community is slated to open in fall 2018.
Summit Equity Investments Nabs First Indianapolis Property
Tikijian Associates represented Westdale Real Estate Investment & Management in selling 314-unit Island Club Apartments to an affiliate of Summit Equity Investments Inc.
Milhaus Appoints New President
James Benning is tasked with growing the company’s construction division.
FM Capital Expands Midwest Student Housing Portfolio
The firm acquired five properties near Indiana University in an off-market transaction.
On the Market: 5 Interesting Listings for the Week of 12/5
This week’s listings include a Mediterranean-style town home community and an Indianapolis property located on a 60-acre lake.
Harmony Housing Adds to Its Portfolio in Texas and Indiana
The properties will benefit from preservation as affordable housing on a permanent basis.
Colorado Investor Expands in Indianapolis
Monarch Investment & Management has acquired Brookwood Apartments from Ardizzone Holding.
Ironworks at Keystone in Indianapolis Undergoes Management Transition
Buckingham Cos. successfully ended the asset stabilization agreement for Hendricks Commercial’s mixed-use development.