Millennials, Gen Z put pets first in search for housing
Providing pet accommodations has become a top priority for apartment complexes seeking younger tenants, and new-home construction is also seeing an uptick in pet-friendly perks.
Apartments
Articles
Apartment building on North Meridan sells for $11.4M
The 195-unit Meridian Towers Apartments on the near-north side of Indianapolis has been sold to an out-of-state development partnership that plans to renovate the property.
Group tackling housing affordability on near-north side with $15.5M apartment project
The development at 22nd Street would keep rents low for tenants while providing nearly free space for initiatives focusing on career building, mental health and substance abuse.
Meridian Hills apartment complex sells for $26.5M after 55 years with same family
The new owner plans to make a significant investment in improvements that likely will drive up rents that have languished of late.
Supreme Court allows evictions to resume during pandemic
The court’s action late Thursday ends protections for roughly 3.5 million people in the United States who said they faced eviction in the next two months.
Outlook brightens for apartment landlords amid rising rents
Rents are rising, buoyed by strong demand as U.S. home prices push to new highs, leaving many would-be buyers no choice but to rent.
Explainer: How Indiana evictions might surge post-moratorium
More than 51,000 eviction filings have been made in Indiana during the pandemic, including nearly 16,000 in the Indianapolis metropolitan area, according to Indiana Legal Services.
Congress in longshot bid to extend expiring eviction ban
A House panel convened to consider emergency legislation to extend the ban, which expires Saturday, through Dec. 31. But approving an extension would be a steep climb in the narrowly-split Congress.
Rokita sues firms for dangerous conditions at two Indy apartment complexes
The state is taking aim at the firms for “their respective roles in allowing the Fox Club and Lakeside Pointe apartment complexes in Indianapolis to fall into egregious disrepair.”
Incentives for multifamily project approved by council committee
The development, called 1202, would feature 105 units on a 1.1-acre parcel on the near-south side, with at least one-fifth of the units reserved for individuals making up to 80% of the area’s median income.
U.S. rents still rising at rapid clip during busy time for lease renewals
The median national rent climbed 9.2% in the first half of 2021, according to Apartment List, and is still on the way up.
Supreme Court leaves CDC eviction moratorium in place
As of June 7, roughly 3.2 million people in the U.S. said they faced eviction in the next two months, according to the U.S. Census Bureau’s Household Pulse Survey.
Developer proposes $60M apartment complex on Emmis radio site in Whitestown
Lafayette-based IG Development has submitted conceptual plans to redevelop roughly 27 acres of the Emmis Communications radio tower and transmission property in Whitestown with 408 apartments.
Buckingham plans 187-unit apartment complex along Monon Trail in Broad Ripple
Plans for Monon Court call for razing an apartment development that has been been on the site for more than 70 years.
Study recommendations will help tackle eviction crisis
An almost 30-page policy agenda and a nearly 20-page action plan tackles the city’s diminishing stock of quality affordable rental housing.
HUD charges Bloomington apartment company with disability discrimination
The agency on Thursday alleged that the company committed disability discrimination by refusing to permit a prospective renter with PTSD to have a support cat.
Developer planning $13.5M senior housing project in Speedway
The 60-unit apartment project will be part of Founders Square, which will include restaurants, shopping and a hotel.
Federal judge vacates CDC’s nationwide eviction moratorium
The ruling does not affect state or local eviction moratoriums. Landlords and property owners have consistently challenged the CDC order, arguing the policy sets an undue financial burden on business owners.
Apartment complex planned near Allisonville and 46th Street
Preliminary site plans filed with the city call for the construction of five new apartment buildings and the retention of a two-story office building on the 8.6-acre property.
Proposed $48M apartment project advancing slowly at former Noblesville granary site
Developer Flaherty & Collins Properties was approved for up to $7.3 million in industrial recovery tax credits for its plans to build 238 apartments, a parking garage and retail space at the site, but the project has seen little progress since 2018.