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Chicago & Midwest  + Midwest  + Apartments  |  May 13, 2024
Jasmine Kilman
By: Jasmine Kilman

Hudson Investing, Midloch Acquire Indianapolis BTR

Hudson Investing and Midloch Investment Partners have acquired Jackson Run Townhomes, an 84-unit Class A multifamily rental community in the northwest suburbs of Indianapolis. Samuel McCarthy and Scott Harris of Marcus & Millichap facilitated the transaction.

Completed in 2023, Jackson Run Townhomes offers three and four-bedroom units with an average size of 1,897 square feet. Hudson, the locally based investment firm and operator, is planning several amenity upgrades.

“Jackson Run Townhomes is located in one of the strongest and fastest-growing corridors in the Indianapolis market, said Kent Ritter, Founder and CEO of Hudson. “The growth of the LEAP District, including new Eli Lilly manufacturing facilities, will accelerate demand for Jackson Run in an area with surging population growth, limited single-family home inventory, and a large white-collar employment base.”

Don’t miss the Lifetime Achievement Award Presentation and Keynote Interview with G. Joseph Cosenza, Vice Chairman of The Inland Real Estate Group, LLC and President of Inland Real Estate Acquisitions, LLC at Connect Midwest: Multifamily, Affordable, Student & Senior Housing Trends on June 4, 2024, at the W-Chicago, City Center Hotel, Chicago, IL. Register Today to network with your peers!

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Hudson InvestingMidloch

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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