U.S. House legislators want to get to the bottom of banks' roles in the economic recovery, both via loans to small businesses
and shouldering losses on commercial real estate lending.
The battle for General Growth Properties Inc., owner of more than 200 U.S. malls, is turning into the biggest real estate
skirmish since the sale of Sam Zell’s Equity Office Properties Trust.
Scott Wise has five Scotty's Brewhouse locations and
is set to debut the Scotty's Lakehouse concept Monday. Within 10 years, he'd like to have
restaurants in the Southeast and on the West Coast.
A local developer’s plans to renovate a long-vacant and graffiti-covered 1915 building have hit a snag.
King Park Area Development Corp. is preparing to approach developers interested in submitting plans for the 1.8-acre site, the equivalent of about eight residential lots.
Simon is at a crossroads where many other CEOs have found themselves, with most of them getting caught up in the circus, only to find destruction in their wake.
The Historic Landmarks Foundation of Indiana plans to acquire the Romanesque Revival former church and is considering moving
its headquarters there.
Check out a roundup of big changes for the downtown restaurant scene including Tea Cozy, Sahm’s and Urban Element, plus a
new fitness option at the Majestic Building.
Additional offers beyond those by Simon Property Group and Brookfield Asset Management may emerge, General Growth President
Thomas H. Nolan Jr. said.
The bid by Simon Property was an “initial salvo” and the Brookfield plan likely will prompt a new offer from the Indianapolis-based
mall owner, real estate research analyst says.
General Growth Properties Inc. plans to split in two to exit bankrupty and will receive $2.63 billion in capital from Brookfield
Asset Management Inc
In a speech Tuesday, President Michael McRobbie said IU is gunning to construct at least 12 buildings on its Bloomington
and Indianapolis
campuses in spite of the economy and falling state funding.
An around town retail roundup includes several new restaurants including Monon Food Co. and Puerto Vallarta, a new international
grocery on
the south side, and a new butcher shop in Noblesville.
The plan by Toronto-based Brookfield Asset Management would give General Growth Properties a higher valuation than a $10 billion
takeover bid by Simon Property Group.
Brookfield Asset Management Inc. plans to bid for a stake in General Growth Properties Inc., beating an offer by Indianapolis-based
Simon Property Group Inc. for the bankrupt shopping mall owner, the Wall Street Journal reported.
The troubled home builder’s $14.5 million in liabilities are twice as much as its assets, receiver tells Marion County judge,
who takes the recommendation under advisement.
January home sales in the nine-county Indianapolis area fell 16.5 percent from the same month last year, according to a report
from Re/Max of Indiana. But the housing news wasn’t all bad. The average price of a home in the area jumped 12.1 percent.
Directors at Chicago-based General Growth Properties Inc. are being sued by a shareholder claiming they shouldn’t have
rejected a $10 billion buyout offer from competitor Simon Property Group Inc.
A local developer's plans to renovate a long-vacant and graffiti-covered 1915 building along Meridian Street have hit
a snag over a lack of parking.
The Indianapolis Airport Authority's plan for the next "30 to 50 years" starts with a team tapped Friday morning.
Five firms will study ways to use airport property, including the former passenger terminal.
