John Jacobs and a Cleveland-based partner have put a Friday deadline on offers for the 62-unit Richelieu apartments, a two-building
property at the intersection of North and East streets and Mass Ave.
Three of the local firm’s employees beat 3,000 contestants nationwide at a competition in New Orleans.
The Westfield planning commission has asked city employees to further review the 1,400-acre mixed-use project that could include
thousands of homes, shops, a YMCA and a baseball stadium.
Pittsburgh-based PNC Bank has filed to foreclose on the historic five-story Janus Lofts building at 240 S. Meridian St.
The Estridge Cos., a Carmel-based home builder, will present details of the massive project—mixing condos, apartments
and retail with a $15 million stadium—at a public hearing
Monday evening.
Workers are restoring facades on two empty buildings along Washington Street just east of Meridian Street as part
of
a
retail
and residential redevelopment.
A former elementary school built in 1905 is getting a new use for the second time since the last schoolchildren departed
in 1979.
The Fort Harrison Reuse Authority has approved the sale of a 6.6-acre site to Carmel-based J.C. Hart Co. for development of a 217-unit apartment community.
Indianapolis Downtown Inc. is launching a new monthly event to encourage more people to live downtown just as real estate
brokers say interest in available homes is picking up.
Homeless man Brandon Burns had been accused of setting the massive blaze.
Several apartment properties are back on the market as owners try to appeal to private investors looking for deals before higher interest rates and inflation dampen their enthusiasm.
Work could begin this fall on $10 million Trail Side complex.
The addition of an underground parking garage is likely to get Trail Side off the drawing board and under construction.
Renovation work finally has begun on the building at 16th and Pennsylvania streets. Developer Christopher Piazza found two
equity partners for the project because banks were unwilling to lend.
Owner of Flaherty & Collins’ apartment complex in Raleigh seeks to reorganize debts related to a $24.8 million loan. It’s
the second Flaherty & Collins project in North Carolina to fall into bankruptcy in six months.
Renovation of apartment building owned by the Indianapolis Housing Agency will have to wait, after it failed to receive the
necessary federal backing to fund it. Three other IHA projects, including Caravelle Commons, will move forward, however.
Companies hired by the courts to manage properties in financial distress are benefiting as the number of such properties grows.
The landmark apartment building at 38th and Meridian streets formerly known as Summit House has been purchased by a pair of Chicago investors who plan to invest “a significant amount of capital” into the 20-story tower.
City agency plans renovations, expansions at eight apartment properties.
The largest tax credit deal in state history will fund the rehabilitation of 538 apartments in four complexes owned
by the Indianapolis Housing Agency.
