Two local not-for-profits have partnered to buy a dilapidated apartment building along the Meridian Street corridor south of 38th Street that was vacated last November due to health and safety concerns.
The Hamilton County developer says real estate is a “very competitive” and “very entrepreneurial” pursuit.
A pair of childhood friends are trying to give homeowners another option for downtown living.
Builders filed 456 single-family construction permits in the nine-county metropolitan area in August. That's a 2-percent increase from August 2014 and a 4-percent rise from the previous month.
Home-sale agreements in central Indiana dropped for the fifth straight month in August, according to a report released Monday by real estate agency F.C. Tucker Co.
Apartment occupancy downtown remains near a stellar 95 percent as tenants flood new projects, according to a panelist at IBJ's Commercial Real Estate and Construction Power Breakfast.
A Missouri-based development team wants to build a $10 million senior living center on the last available parcel at one of the north side’s most visible intersections.
Since Virginia-based Falcon’s Nest purchased the 400-acre development in 2011, residential construction has slowly been increasing. Now, some commercial development is beginning to follow.
Members of the Indianapolis Historic Preservation Commission say they postponed a vote on the Mass Ave project at the request of City-County Council members who argue the building’s massive screen could run afoul of billboard rules. Commission members also questioned the building’s design and even its bold colors.
Summit Realty Group is accepting offers until Oct. 1 on the 23-unit Janus Lofts at 240 S. Meridian St. The building was redeveloped in 2003 by developer Lee Alig, who is facing numerous charges of securities fraud.
See which real estate agents and which teams rack up the most sales.
Just as the residential market regains steam, the number of real estate agents is waning.
A less-is-more design carried through in a careful remodeling, and now under a new owner who likes the nostalgia.
Check out what homes are selling for in your area, as well as which house sold for the most money recently. (It went for more than the asking price.) And see which parts of the Indianapolis area have the greatest incomes.
Nick Blum bought a vacant, three-story building south of Massachusetts Avenue and plans to move his Blumlux boutique there. The project will include luxury apartments and space for office users.
Montage on Mass will feature 236 apartment units, 36,000 square feet of retail, two levels of underground parking and a giant three-story, electronic-mesh art display.
The project includes adding a new eastbound lane on 116th Street from Interstate 69 to Cumberland Road. The city would have to acquire as many as eight homes in the area for the necessary land.
The local apartment developer has brought aboard Jason Sturman from Duke Realty Corp. to serve as chief investment officer and help guide its Midwest expansion.
The share of the U.S. population who own homes has slid to a 48-year low. The typical first-timer now rents for six years before buying a home, up from 2.6 years in the early 1970s.
Home-sale agreements in central Indiana fell 4.5 percent in July, marking the fourth time in five months that deals have decreased on a year-over-year basis.
