Carmel-based developer J.C. Hart Co. is making a $100 million bet that luxury apartment communities will continue to thrive
in Hamilton
County, particularly along 146th Street.
The east-side Indianapolis kitchen and bathroom remodeling shop is attempting to succeed as a solo operation following longtime
employee Allen Weisenburger’s decision to buy the operation rather than let it close.
Home sales statewide rose 4.1 percent in December compared with the same month in 2008, although Marion and Hamilton counties
reported sizable slides.
Partners in Housing Development seized on a weak real estate market to acquire three urban apartment communities in the last
18 months.
Farmers who might have worried about losing their livelihood
to new homes or retail have gotten a little breather.
In Indiana, the Salvation Army owns 34 residences, including 10 in Indianapolis with a combined value of $1.6 million.
Central Indiana’s housing market is on track to notch gains in the number of homes sold and the average sales price in 2010.
Home builder hopes to sell as many as 200 houses in region this year. Fischer, which entered the Columbus, Ohio,
market in 2008 after buying subdivisions from retreating builders, is using the same strategy to establish a foothold in Carmel,
Westfield, Zionsville and Avon.
The owner of the Riley Towers apartment complex is preparing to develop a 54-unit extension of the landmark
downtown property.
The city’s largest commercial real estate brokerage is breaking from Colliers International and dropping Tucker from its moniker
for the first time in more than 90 years.
Robert A. Penn, 44, of Naples, Fla., received seven years in prison and was ordered to pay more than $11 million in restitution.
It was the first decline following nine straight months of gains and the lowest reading since June.
An Indiana University demographer outlines predictions on Latinos, homeownership and populations of unincorporated areas.
Former YMCA branch at 860 W. 10th St. would be razed to make way for retail and housing.
The recovery continues to be uneven, with only 11 of the 20 metro areas tracked by the index showing gains.
Two more local homebuilders fell victim in 2009 to the prolonged meltdown of the housing market. Carmel-based
C.P. Morgan Communities LP closed in February, and Indianapolis-based Hansen & Horn Group Inc. is teetering on the edge
of bankruptcy.
A Denver-based company that just sold its largest Indianapolis apartment complex has taken its four remaining local properties
off the market.
Short sales and foreclosures in this 2,200-unit development began cropping up several years ago and continue today.
The Commerce Department said Wednesday morning that construction of new homes and apartments rose 8.9 percent in November.
A receiver appointed to manage the assets of financially troubled Hansen & Horn Group Inc. will recommend whether the Indianapolis-based
home builder should remain in business.
