Indiana
Midwestern Governors Pledge Joint Effort to Reopen Region’s Economy
Illinois Gov. JB Pritzker and his counterparts in Michigan, Ohio, Wisconsin, Minnesota, Indiana and Kentucky said Thursday that they’ll work… Read more
NYC Will Launch Local Production of COVID-19 Test Kits
Mayor Bill de Blasio said Tuesday that New York City would soon have manufacturing capacity to produce its own coronavirus… Read more
Simon Suspends Construction on Buckhead’s Phipps Plaza Redevelopment
Indianapolis-based Simon Property Group decided to halt construction on Phipps Plaza, a mixed-use redevelopment underway in Atlanta’s Buckhead neighborhood. The… Read more
Marcus & Millichap Handles $51M Sale of Aspen’s Largest MF
Centennial Aspen Apartments, a 149-unit, three-story multifamily property in Aspen, CO, has traded hands. The property at 100 Luke Short… Read more
NorthMarq’s Garfinkel Arranges $42M in Debt on Retail in Midwest, Northwest
St. Louis-based NorthMarq Capital SVP David Garfinkel secured $42.3 million in financing for three retail properties in Tacoma, WA, St.… Read more
Top Broker Honorees: Berkadia’s Mid Markets Group
Berkadia’s Mid Markets Group is a cohesive, 10-broker investment sales team that helps owners of multifamily properties determine the best… Read more
Investor Interest Turns the Midwest into a Multifamily Hot Spot
By Paul Bubny Few regions of the U.S. have seen quite the uptick of investor interest that the Midwest has… Read more
Penn National Suspends Ops at Midwestern Casinos for 2 Weeks
Amid coronavirus concerns, Penn National Gaming said Friday it would temporarily suspend operations at its casinos in Illinois, Indiana and… Read more
White Lodging Unveils Conversion Plans for 251-Key Marriott Plaza Hotel
A little less than a year after White Lodging joined forces with REI Real Estate Services to acquire downtown San… Read more
Rubenstein, SCP Sign New Tenants at Cincy Offices
Philadelphia-based Rubenstein Partners and Indianapolis-headquartered Strategic Capital Partners (SCP) closed two new leases at 312 Plum St. in downtown Cincinnati. The leases… Read more
244-Unit Watermark on Union Trades to NALS in CO
Watermark Residential ended its hold on Watermark on Union, selling the 244-unit pre-stabilized apartment complex in Colorado Springs, CO to… Read more
NMHC & NAA to House: Thanks for Passing YIMBY
On March 2, 2020, the U.S. House of Representatives passed H.R. 4351. The bill, known as the Yes in My… Read more
UTEC Signs for 53K SF in Downtown Fort Wayne
United Technologies Electronic Controls Inc. (UTEC) recently signed a long-term lease for 53,246 square feet in the Indiana Office Center… Read more
Berkadia Arranges Sale, Financing on 1,842-Unit IN Portfolio
Berkadia recently arranged the sale and financing of H7 Portfolio, the largest multifamily sale in the state of Indiana to… Read more
Net Lease Investments Chart Record 2019 with $78B Across U.S.
In its year-end 2019 tabulations, CBRE is reporting U.S. net-lease investment reached record highs last year, with investors increasingly attracted… Read more
Buena Vista Takes 50K SF for New Clinic
Close to two years after Mainstreet Health pulled its Rapid Recovery Center concept out of Arizona, a new tenant moved… Read more
Home Improvement Co-op Will Move HQ to Fort Wayne Redevelopment
Do It Best Corp. recently signed a letter of intent (LOI) to locate its corporate headquarters at RTM Ventures’ upcoming… Read more
ILPT Forms JV on 12-Property Industrial Portfolio
Industrial Logistics Property Trust (ILPT) formed a $680-million joint venture with an Asian institutional investor for a 9.2-million-square-foot portfolio of… Read more
Milhaus, KTGY Unveil Plans for Artistry MXU in Cincinnati
KTGY Architecture + Planning unveiled details behind the design of Artistry Cincinnati, a 344-unit mixed-use development along the Ohio River in downtown… Read more