Indiana
Black Creek Makes Indy-Area Industrial Deal
JLL Capital Markets closed the sale of Eaglepoint Six, a new, fully-leased, Class A, 690,702-square-foot industrial facility in the Indianapolis-area community of Brownsburg,… Read more
Molto Hires Mohoney as Central Region VP
Kevin Mohoney has joined Molto Properties as VP | Central Region. Based in Oakbrook Terrace, IL, Mohoney will focus on… Read more
Berkadia Secures Construction Debt for Cleveland-Area Apartments
Berkadia closed on construction financing for The Ascent at Top of the Hill, a midrise multifamily property in Cleveland Heights,… Read more
Berkadia Closes $40M Sale of Grand Rapids Apartments
Berkadia arranged the $40-million-plus sale of a two-property multifamily portfolio in Grand Rapids, MI, totaling almost 400 units. The firm’s Detroit-based… Read more
Oakmont Sweeps Up Broomfield MF for $91M
Oakmont Properties acquired Caliber at Flatirons, a 288-unit multifamily property in Broomfield, CO for $90.72 million. The seller of the… Read more
HSA Signs Tenant at Indy’s Gateway Business Park
HSA Commercial Real Estate signed a 20,439-square-foot lease with American Residential Services (ARS) at 853 Columbia Rd., in the Indianapolis suburb… Read more
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