Indianapolis
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
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
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
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
Standard Real Estate Launches with JV Equity for Indianapolis Apartments
Standard Real Estate Investments, LP, a minority-owned real estate private equity firm focused on providing joint venture equity to developers,… Read more
CBRE GI Acquires Newly Built Indianapolis Warehouse
A fund sponsored by CBRE Global Investors has acquired a newly constructed 505,872-square-foot warehouse/distribution property in Greenfield, IN, within the… Read more
Duke Realty Hires VP of Leasing for Chicago Region
Duke Realty Corporation has hired Josh Bauer as VP of leasing and development in Chicago. Bauer will negotiate and secure lease commitments… Read more
Lument Arranges $50M Acquisition Loan on Indy Apartments
Lument recently closed a $50.4-million Freddie Mac loan to facilitate the acquisition of Gramercy Apartments, a 436-unit multifamily community in… Read more
Multifamily REITs Independence, Steadfast Strike $7B Merger Agreement
Independence Realty Trust, Inc. (IRT) and Steadfast Apartment REIT, Inc. (STAR) said Monday afternoon that they had agreed to merge, with… Read more
Pangea Gives Back to Neighborhoods Through Community Service
Chicago-based Pangea Properties spent the month of June giving back to several of the Chicago neighborhoods in which the company owns and… Read more
Transwestern Investment Group Divests Multimarket Industrial Portfolio
Transwestern Investment Group (TIG) has sold a 10-building, 2.9 million-square-foot industrial portfolio on behalf of its discretionary investment fund, TSP Value… Read more