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National  + Indiana  + Retail  | 

Developer Secures $104M Financing for Newly-Built Indy MXU

Indianapolis-based Flaherty & Collins Properties secured $104 million in financing for 360 Market Square, a newly-built, 27-story, mixed-use residential and retail property on the former Market Square Arena site in Indianapolis. HFF’s David Keller and Adam Mallory worked on behalf of the borrower to place the floating-rate loan with Heitman LLC, which originated the loan on behalf of an affiliate of the firm. Loan proceeds will be used to retire existing construction financing.

The property comprises 292 apartment units, with upscale condominium-quality finishes and roughly 42,000 square feet of ground-floor retail anchored by Whole Foods Market. Completed earlier this year, 360 Market Square incorporates eco-friendly features throughout and 10,000 square feet of amenity space, including a state-of-the-art fitness center, private yoga/spin studio, cyber café, screening lounge, business center and gaming lounge.

Outdoor amenities include a landscaped courtyard, resort-style swimming pool and a 28th-floor sky deck offering panoramic skyline views.


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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.