
CushWake Arranges Indiana’s Priciest Multifamily Sale
Cushman & Wakefield represented a joint venture of Wilkinson Corporation and Torchlight Investors in the sale of a six-property Indianapolis-area multifamily portfolio to Morgan Properties. The firm’s George Tikijian, Hannah Ott and Cameron Benz represented the JV in the sale for an undisclosed sum to Morgan Properties.
“The Indy 6 Portfolio marks the largest multifamily transaction by dollar volume to date in Indiana,” Ott said. “It was a pleasure to represent the seller, Wilkinson and Torchlight, who did an incredible job repositioning the properties. We look forward to hearing about the success of the new owner, Morgan Properties, who plans to continue to renovate units.”
The Indianapolis portfolio includes:
- Boardwalk at Westlake,1,381 units
- Elliot at College Park, 126 units
- Lakeshore Reserve Off 86th, 120 units
- Lakeside Crossing at Eagle Creek, 166 units
- Parkside at Castleton Square, 190 units
- Preserve at Allisonville,120 units
- ◦Sale/Acquisition