Indiana
Off-Market Portfolio Sale Reinforces Net Lease Market
A $33-million off-market portfolio sale reinforces the continued strength of the single-tenant net-lease market. The 10 single-tenant net-leased retail assets… Read moreVivo Living Aims to Reduce Traffic, Waste and Sprawl
Vivo Living has expanded to New Braunfels as part of its effort to convert low-demand hotels into boutique efficiency apartment… Read more
Greystone Provides Refi on Indiana Seniors Housing
Greystone provided a $23.9-million HUD-insured loan to refinance Hubbard Hill, a newly-expanded 220-unit seniors housing and healthcare services campus in… Read more
CIM Provides $83M Bridge Loan on Indy Apartments
CIM Group said Wednesday it had closed an $83-million bridge loan to TWG Development. The loan is secured by The Whit… Read more
Citimark Acquires Former HHGregg Headquarters
Indianapolis-based Citimark has closed on the acquisition of the former HHGregg property on the northside of Indianapolis for an undisclosed sum. Alex Cantu with… Read more
Newmark Closes $100M Manufactured Home Deal
Newmark arranged the sale of the Midwest MHC Portfolio, a 21-property, 2,789-site manufactured home community portfolio located throughout Illinois, Indiana,… Read more
Grower-Occupied Warehouse Sells in Indianapolis
Colliers International recently closed the sale of 2301 Churchman Ave., a two building, 52,336-square-foot temperature-controlled bio farm & pack warehouse… Read more
KeyBank: Navigating Debt Markets in Turbulent Times
By Dennis Kaiser KeyBank’s debt capital markets lending team remains active across the commercial real estate financing spectrum encompassing multifamily… Read more
Walton Street Trades Shopping Centers in NV, IN
JLL Capital Markets recently closed the sale of Town Square, a 138,571-square-foot, regional shopping center in Schererville, IN; and Silver State… Read more
Simon Completes Taubman Centers Acquisition
Simon Property Group completed its $3.4-billion acquisition of an 80% ownership interest in the Taubman Realty Group Limited Partnership (TRG).… Read more
Watermark Divests Denver MF to California Buyer for $75M
California-based Borello Asset Management, Inc. acquired Watermark at First Creek, a 264-unit Class A multifamily community in Denver, for $74.65… Read more
U.S. Jobless Claims Rise Amid Coronavirus Resurgence
The number of people filing initial jobless claims in the U.S. reversed course last week from a pattern it had… Read more
IPA Closes Sale of Two Kroger-Anchored Centers
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of two Kroger-anchored shopping centers. The triple-net-leased properties are West… Read more
Driven by Leisure and Hospitality Layoffs, Vegas and NYC Led Pandemic Job Losses
Just as certain demographic cohorts appear to be more vulnerable to COVID-19, so some metro areas—and job segments—have been hit… Read more
Newmark Closes Student Housing Sales in IN, KY
Newmark arranged the sales of The Avenue and The Lex, two mid-rise student housing assets totaling 1,007 beds in Indianapolis… Read more
Inland Private Capital Divests Indy Apartments
CBRE has arranged the sale of Solana Apartments, a 384-unit waterfront community in the Keystone Crossing submarket of Indianapolis. An… Read more
H Equities Arranges Debt and Equity for SFR Assets
H Equities, a Brooklyn-based private lender, has provided $8.125 million of debt and equity financing for the acquisition of a sub-performing loan… Read more
Simon, Taubman Reach Revised Agreement on Merger
Simon Property Group and Taubman Centers said Sunday that they’d reached a revised merger agreement that would see Simon paying… Read more
Sealy Acquires Indianapolis-Area Warehouse
Sealy & Company acquired a 133,160-square-foot Class A distribution center in Carmel, IN, within the Indianapolis market. The Dallas-based industrial owner… Read more