What happened, and who moved.
32 items
MDH Partners (MDH) has acquired 70 Connect III, a 1,005,776-square-foot industrial building in Greenfield, Indiana, part of the Indianapolis metropolitan area. The building, developed by Lauth, was delivered on a speculative basis and sits along West 350 North in the East industrial submarket. JLL represented the…
GREENFIELD, IND. — MDH Partners has acquired 70 Connect III, a 1 million-square-foot industrial building in Greenfield within metro Indianapolis. Developed by Lauth on a speculative basis, the property sits along West 350 North in the East industrial submarket. JLL represented the seller. MDH’s Houston Hawley led…
GREENWOOD, IND. — Matthews has brokered the $9.5 million sale of a Goodwill distribution facility in Greenwood. The transaction marked the highest-priced industrial property sale in the Johnson County submarket over the past year, according to Matthews. Built in 2016, the approximately 125,000-square-foot property…
BROWNSBURG, IND. — Wafra Inc., a New York-based alternative investment firm, has acquired Brownsburg Logistics Park Portfolio, a collection of three industrial buildings totaling 899,080 square feet in Brownsburg. Funds advised by Wafra are acquiring the assets from a venture between Scannell Properties and…
Ambrose has broken ground on Buildings I & II at Plainfield Innovation Park, a 720-acre business park in Plainfield, Indiana, a southwest suburb of Indianapolis. Building I will be approximately 181,000 square feet, while Building II will be approximately 217,000 square feet, each including a 2,925-square-foot…
Company said it wants to provide information about the project, local residents remain unconvinced
JEFFERSONVILLE, IND. — Northmarq has arranged the sale of Jeff on 10th, a 190-unit multifamily property in Jeffersonville, a suburb of Louisville. Bobby Schiavone, Adam Klenk and Jordan Arand of Northmarq represented the seller, a regional multifamily developer. The buyer was S&S Properties Investment. Noah Juran…
A fight over one of the Simon family’s real estate holdings spilled into court. Simon Property Group co-founder Herb Simon accused the family of his late nephew, David Simon, of orchestrating a last-minute corporate restructuring that stripped longtime investors of valuable rights, Inside Indiana Business reported.…
ILLINOIS AND INDIANA — Matthews has arranged the $16.1 million sale of a four-hospital veterinary portfolio in Illinois and Indiana. Michael Moreno, Rahul Chhajed and Andrew Evans of Matthews arranged the sale, with Kyle Matthews serving as broker of record. The assets total 37,718 square feet and are leased to two…
Gary, Indiana is gearing up for fireworks in August as an $80 million blight elimination program is set to begin the demolition of vacant, derelict buildings. After demolishing the buildings, the city is hoping to revitalize its downtown with new developments including a new train station, offices and apartments,…
Student-managed real estate funds now number 18 nationwide, with Indiana University's $12 million fund earning 65% returns on its first exit. The post Student-Run Real Estate Funds Reshape Entry-Level Recruiting and Training appeared first on Propmodo .
Wafra Inc., a New York-based alternative investment firm, announced the acquisition of Brownsburg Logistics Park Portfolio, a three-building industrial portfolio totaling 899,080 square feet in Brownsburg, Indiana. Funds advised by Wafra are acquiring the assets from a venture between Scannell Properties, an…
WESTFIELD, IND. — Northmarq has arranged debt and equity capital totaling $52.1 million for Maple Knoll Apartments, a 300-unit, garden-style community in Westfield. Annamarie Bjorklund and Cody Field of Northmarq arranged the financing on behalf of the borrower, Hudson Investing, through a repeat equity partnership…
WESTFIELD, IND. — Locally based Hudson Investing has obtained financing to acquire Maple Knoll Apartments, a 300-unit community in the Indianapolis suburb of Westfield. Northmarq’s Annamarie Bjorklund and Cody Field… The post Hudson Investing Secures $52.1M in Debt and Equity to Acquire Metro Indianapolis Asset…
Northmarq’s Debt and Equity team, led by Annamarie Bjorklund and Cody Field, arranged $52.15 million in debt and equity capital for Maple Knoll Apartments, a 300-unit garden-style multifamily community at 500 Bigleaf Maple Way in Westfield, Indiana. Northmarq arranged the debt and equity on behalf of the borrower,…
Colliers completed the sale of The Ridge Apartments, located at 1718 West 55th Avenue in Merrillville, Indiana. Morgan Properties acquired the community. The sale was led by the Colliers team of Bryce Wetzel, Tyler Hague, Lauren Stoliar and Ryan Roegner, who represented the owner, Parkmont Group, a real estate…
VALPARAISO, IND. — McColly Bennett Commercial Advantage has negotiated the $15 million sale of a 43,500-square-foot medical office building in Valparaiso. The seller, Viking Medical Center, acquired and envisioned the future of the unfinished building two years ago. Construction on the building launched in 2018…
Hudson Investing has secured $52.1 million in acquisition financing for Maple Knoll Apartments, a 300-unit garden-style multifamily complex just outside Indianapolis, Ind., Commercial Observer can first report. Torchlight Investment provided the equity, while Northmarq structured the full capital stack for the…
INDIANAPOLIS, July 30, 2026 (GLOBE NEWSWIRE) -- Kite Realty Group (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored shopping centers and vibrant mixed-use assets, reported today its operating results for the second quarter ended June 30, 2026. For the quarters ended June 30, 2026…
Houston’s Galleria will be the latest outpost for Canadian women’s fashion Aritzia. Indianapolis-based Simon Property Group, the mall’s owner, submitted a state filing detailing the store opening. It intends to spend $9 million to remodel and finish out the 19,000-square-foot space Aritzia will occupy. Work on the…
MERRILLVILLE, IND. — Colliers has arranged the sale of The Ridge Apartments in Merrillville within Northwest Indiana. Bryce Wetzel, Tyler Hague, Lauren Stoliar and Ryan Roegner of Colliers represented the owner, Parkmont Group, a real estate investment and operating firm based in New York. Originally developed…
Colliers announced the lease of Velocity 74 Trade Center, located at 9201 North Frontage Road in Fairland, Indiana. Colliers | Indianapolis industrial advisory executive vice presidents Jimmy Cohoat and Jason Speckman represented the landlord, Browning Investments, an Indianapolis-based real estate development,…
But proposal has been scaled back
INDIANAPOLIS — Gardant Management Solutions has acquired a community totaling roughly 100 units in Indianapolis. The campus features more than 80 assisted living apartments and more than 20 memory care units. … The post Gardant Management Solutions Acquires 100-Unit Community in Indianapolis appeared first on…
Bradford Allen has executed two recent leases with Illinois Retina in the Chicago market. The medical services provider signed a 16,228-square-foot lease in Skokie, Illinois and an 8,728-square-foot lease in Munster, Indiana, 30 miles southeast of Chicago. Craig Nadborne, executive managing director, brokerage…
CHICAGO — JLL has arranged a $275 million loan and $57 million in mezzanine financing for NEMA Chicago, a 76-story luxury tower at 1210 South Indiana Ave. in Chicago. The… The post JLL Arranges $332M for Chicago Luxury Tower Refinancing appeared first on Multifamily & Affordable Housing Business .
Milhaus and SRG Residential completed a merger, forming a national multifamily platform to develop, own and manage apartment communities in more than 20 markets. Together, Indianapolis-based Milhaus and Newport Beach-based SRG Residential, a subsidiary...
Indianapolis-based Milhaus has completed a merger with one Southern California-based multifamily company and has agreed to acquire another. The merger of Milhaus with SRG Residential forms a national, vertically integrated platform focused on developing, owning, and managing apartment communities in more than 20…
CHICAGO — JLL Capital Markets has secured a $275 million refinancing and a $57 million mezzanine financing for NEMA Chicago, a luxury multifamily tower. Standing 76 stories and 893 feet tall, the property is Chicago’s tallest rental tower, according to JLL. Located at 1210 S. Indiana Ave. along Grant Park, NEMA…
MUNCIE, IND. — Indianapolis-based developer TWG has opened The Alan, a 120-unit affordable housing community in Muncie. Denver-based STUDIO Architecture designed the property. Located at 2430 W. Kilgore Ave. along… The post Affordable Housing Redevelopment The Alan Opens in Muncie, Indiana appeared first on…
EQT Real Estate sold a six-building, 954,072 sq ft industrial portfolio across metro Indianapolis (90% leased to 10 tenants) to Wisconsin-based MLG Capital, brokered by Colliers; the price was not disclosed.
Newmark brokered the sale of a five-property, 3,693-bed student housing portfolio near the University of Texas at Austin, University of Florida, NC State and Indiana University for a Nuveen/Preiss Co. joint venture -- the largest US student housing portfolio sale of 2025; the buyer and price were not disclosed.