Indiana
TWG Nears Groundbreaking for Apartments on Indianapolis’ Southside
Development firm TWG is poised to launch Rise on Meridian, a $58-million multifamily housing complex on the southside of Indianapolis. Construction on… Read more
Tech Sector Leads Rebound in U.S. Office Demand
The tech industry led a rebound in U.S. office-leasing activity in 2021, fueled by increased hiring and demand for tech… Read more
Time Equities Invests $23M in Strategy to Acquire “Essential” Grocery-Anchored Plazas in MD, Elsewhere
Time Equities, Inc., has acquired Harundale Plaza in Glen Burnie (near Silver Spring), MD, for $16.4 million. The 217,619 square-foot… Read more
Evergreen Launches Indiana Assisted Living Project
Chicago-based Evergreen Real Estate Group has secured financing and started preliminary site work for Green Oaks of Goshen, a four-story,… Read more
Sabra Health Care REIT Closes $290m Loan Tranche
Sabra Health Care REIT, headquartered in Irvine, CA, has closed on two investments and completed the transition of three facilities… Read more
Kite, RPAI Shareholders Sign Off on Merger
Shareholders of Kite Realty Group Trust (KRG) and Retail Properties of America, Inc. (RPAI) have approved all the proposals necessary… Read more
Bluestone Properties Adds Louisville Multifamily to Portfolio
Louisville-based Bluestone Properties has acquired a 274-unit multifamily property, The Ivy, also in Louisville, KY. The Ivy is located off… Read more
JLL Arranges Two Sales to IOV
JLL closed the sale of two industrial properties, located at 1401 N. Farnsworth Ave., Aurora, IL, and 4212 Perry Blvd.,… Read more
Fifth Third, Enterprise Partner on Community Revitalization
Fifth Third Bank and Enterprise Community Partners launched a $180-million neighborhood program to accelerate revitalization in nine key majority-Black communities… Read more
Ivanhoé Cambridge Invests $150M With Mount Auburn Multifamily
Ivanhoé Cambridge is expanding its relationship with Mount Auburn Multifamily by investing $150 million of preferred equity directly into the… Read more
Newly Built Industrial Fetches $43M in Indianapolis Metro
JLL Capital Markets closed the $43-million sale of Westpoint II, a new, 507,600-square-foot, Class A industrial facility in the Indianapolis-area community of Mooresville, IN. A… Read more
Thompson Thrift Trades Indy-Area MXU to JVM
Thompson Thrift has closed on the sale of Fishers District, a master-planned, mixed-use development in the Indianapolis suburb of Fishers, IN. Chicago-based JVM Realty purchased… Read more
Next Realty Makes Second Indianapolis Buy in 10 Months
An affiliate of Next Realty, LLC has acquired Westridge Office Park, an office/medical complex in Avon, IN. Terms of the transaction, made on… Read more
Eastern Union Secures Bridge Loan for Indianapolis Apartment Deal
Eastern Union secured a $9.75-million bridge loan to facilitate the acquisition financing of Meridian Towers, a 195-unit apartment building at 3710… Read more
WPC Adds Triple-Net ConAgra Warehouse for $114M
JLL Capital Markets closed the $114-million sale of ConAgra Distribution Center, a 1.5-million-square-foot, Class A bulk regional distribution center triple net leased… Read more
Pre-Stabilized Indianapolis Multifamily Trades to Becovic
Cushman & Wakefield directors George Tikijian and Hannah Ott and associate Cameron Benz have represented locally based TWG Development in its sale… Read more
Greystone Arranges Fannie Mae Loan for Indianapolis Apartment Acquisition
Greystone recently provided a $22-million Fannie Mae Delegated Underwriting and Servicing loan to acquire Wildwood Village Apartments, a 324-unit multifamily property in Indianapolis.… Read more
Eight Eleven Group Establishes Second Milwaukee Office at HUB640
Indianapolis-based Eight Eleven Group is opening a second Milwaukee office location at North Wells Capital’s HUB640 in Milwaukee’s Westown neighborhood. The tenant is a human… Read more
CBRE Hotels Closes Sales of Lake County, IN Properties
CBRE has arranged the sale of a 257-room, select-service Marriott hotel portfolio in Hammond, IN, within Indiana’s Lake County. Located along I-80/94 at the Kennedy Avenue interchange and just under… Read more