The 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through
a Chapter 11 reorganization and if the real estate market doesn’t take too long to turn around, experts said.
The 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through a Chapter 11 reorganization and if the real estate market doesn’t take too long to turn around, experts said. The developer of more than $3 billion in projects has scrambled this year to […]
An auction has been set to sell nine remaining waterfront condos in a bank-owned development on Morse Lake in Cicero. The project, One Waterfront Plaza,…
Normal 0 false false false MicrosoftInternetExplorer4 A Bloomington company that provided limestone for Yankee Stadium, the White House and the new Indianapolis International Airport has filed for Chapter 11 bankruptcy protection. Victor Oolitic Stone Co., which has 85 full-time employees and 2,400 acres in Bloomington, listed assets worth up to $50 million and liabilities between […]
A Bloomington company that provided limestone for Yankee Stadium, the White House and the new Indianapolis International Airport has filed for Chapter 11 bankruptcy protection. Victor Oolitic Stone Co., which has 85 full-time employees and 2,400 acres in Bloomington, listed assets worth up to $50 million and liabilities between $50 million and $100 million in […]
Some good news from an Apartments.com and CBCampus.com survey: Indianapolis has been named the top city for recent college graduates. The study looked for cities with the highest concentration of young adults,…
Looks like the folks at Conner Prairie in Fishers have beat White River State Park to the hot-air-balloon-ride punch. They plan to unveil…
Lauth Group Inc. says it was forced to file for Chapter 11 bankruptcy last week after its largest creditor launched an effort to “cherry pick” the developer’s best properties and let the rest collapse “to the detriment of all other creditors.” The locally based developer, once the nation’s 13th largest, said attempts by Chicago-based Inland […]
The Historic Landmarks Foundation of Indiana has added four new structures and an architectural feature to its annual list of the 10 Most Endangered Hoosier landmarks. Additions…
TV spots for Steak n Shake Co. used to play up the chain’s full-service restaurants, complete with friendly servers, real plates
and glass ketchup bottles—a departure from the "workaraunts" operated by McDonald’s and Burger King. Now, Steak n Shake is developing plans for its own workaraunts.
TV spots for Steak n Shake Co. used to play up the chain’s full-service restaurants, complete with friendly servers, real plates and glass ketchup bottles-a departure from the “workaraunts” operated by McDonald’s and Burger King. Now, Steak n Shake is developing plans for its own workaraunts. The new management of the Indianapolis-based chain hopes to […]
Barbara Hoffman plans to close her bait shop along Fall Creek Parkway after 42 years in business. She has agreed to…
Federal authorities have filed mortgage fraud charges against seven local residents, including the owner of Charter Homes, the subject of an IBJ investigation last year. The U.S. Attorney’s Office for the Southern District of Indiana today charged Jerry J. Jaquess and six others with crimes connected with 149 fraudulent loan transactions totaling $19.7 million between […]
Federal authorities have filed mortgage fraud charges against seven local residents, including the owner of Charter Homes, the subject of an IBJ investigation last year. The U.S. Attorney’s Office for the Southern District of Indiana today charged Jerry J. Jaquess and six others with crimes connected with 149 fraudulent loan transactions totaling $19.7 million between […]
Indianapolis-based Duke Realty Corp. late yesterday reported first-quarter results in line with analyst expectations and detailed an ongoing plan to strengthen its balance sheet. The office, industrial and health care developer reported funds from operations – a common performance measure for real estate investment trusts – of $110.6 million, or 71 cents per share. Excluding […]
Indianapolis-based Duke Realty Corp. late yesterday reported first-quarter results in line with analyst expectations and detailed an ongoing plan to strengthen its balance sheet. The office, industrial and health care developer reported funds from operations – a common performance measure for real estate investment trusts – of $110.6 million, or 71 cents per share. Excluding […]
Have property values around Lucas Oil Stadium risen as fast as the profit expectations of the owners? Perhaps not, at least if you consider the Cambridge Transmission…
Steak n Shake Co. has changed the name of its miniature Steakburgers to settle a trademark-infringement lawsuit brought by Miami-based Burger King Corp. The Indianapolis-based chain was slapped with a lawsuit last month after it unveiled slider-style hamburgers called Steakburger Shots, a moniker Burger King said was “confusingly similar” to its trademarked BK Burger Shots, […]
Westfield Mayor Andy Cook is proposing a $60 million youth sports complex with a 4,000-seat multipurpose outdoor
stadium, indoor sports facilities and sports fields with the goal of establishing the Hamilton County community as the "Family Sports Capital
of America."
He went back and forth, but ultimately the mayor of Westfield decided to go with his gut. Mayor Andy Cook, the first to hold that title in the fast-growing Hamilton County suburb, settled on “Family Sports Capital of America.” He and his advisers had weighed “Family Sports Capital of the Midwest,” but eventually opted to […]
