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Broadbent Co.
Battered Broadbent climbs back from brink
November 10, 2012
Cory SchoutenOne of the city’s best-known retail developers is alive and kicking again after a harrowing real estate downturn and
protracted legal battle with two lenders.
MoreSettlement allows Broadbent to keep downtown HQ
September 28, 2012
Scott OlsonThe Indianapolis developer will continue to own its corporate headquarters at 117 E. Washington St. after reaching a settlement
with two banks that had filed a lawsuit to foreclose on the building.
MoreDeveloper Broadbent loses fight to keep finances under wraps
March 7, 2012
Scott OlsonA newly public filing shows the co-founder of The Broadbent Co.'s net worth has fallen 60 percent, to $48 million.
MoreLenders attempting to foreclose on Broadbent headquarters
July 28, 2011
Scott OlsonHuntington National Bank and PNC Bank claim they are owed roughly $25 million on loans related to Broadbent Co.'s purchase
and renovation of a building on East Washington Street downtown.
MoreLenders battling Broadbent legal strategy
July 9, 2011
Cory SchoutenDeveloper George P. Broadbent sold The Broadbent Co. to his wife for $50,000 in March 2010 as he faced a barrage of lawsuits
threatening his control over the real estate company he co-founded in 1972. He has also transferred several properties to
her.
MoreMARR: Farewell to a long list of great colleagues and mentors
June 25, 2011
Danny Marr / Special to IBJSix people were key mentors and associates during real estate career in Indianapolis.
MoreGreenwood Shoppes seeks bankruptcy reorganization
April 22, 2011
Scott OlsonThe shopping center on U.S. 31 is the third Broadbent-operated strip mall to fall into bankruptcy and its second in Greenwood
to claim financial problems.
MoreCastleton Plaza seeks bankruptcy reorganization
February 18, 2011
Scott OlsonShopping center on East 82nd Street lists nearly $10.4 million in liabilities and about $7.6 million in assets. The Chapter
11 filing follows a request to foreclose on the property from the center's lender.
MoreLender seeks to foreclose on Castleton Plaza
February 1, 2011
Scott OlsonGerman American Capital Corp. claims the owner of the strip mall, Castleton Plaza LP—a subsidiary of Broadbent Co.—owes
it $10 million. The lender is requesting the property be sold at a sheriff's sale to help satisfy the debt.
MoreBroadbent spins off construction business
December 23, 2010
Cory SchoutenBeleaguered local developer The Broadbent Co. plans to spin out its construction arm as an independent company as of Jan.
1.
MoreBroadbent subsidiary seeks bankruptcy reorganization
October 11, 2010
Scott OlsonThe owner of the building that houses the Music Mill concert venue listed assets of $1.4 million and liabilities of $1.3 million.
MoreDeveloper George Broadbent sued for $9M by widow of co-founder
July 3, 2010
Greg AndrewsAvis Skinner alleges Broadbent isn’t making the payments he committed to when he bought out her husband's real estate
interests in 2006.
MoreRoad upgrade kicks off improvements in Lafayette Square area
June 1, 2010
Tom HartonA $20 million improvement of West 38th Street between Guion and High School roads that is set to begin next month is the first
in a series of initiatives that stakeholders hope will revive the real estate fortunes of the area anchored by Lafayette Square
Mall.
MoreLender lawsuits seek millions from Broadbent owner
May 15, 2010
Scott OlsonTwo new lawsuits stemming from Broadbent Co.’s financial problems charge company President George Broadbent defaulted
on loans and owes more than $2.6 million.
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The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!
Coming from her background,she should be used to those kinds of advances! Menard probably figured it was ok to tuck a buck!
I'm still waiting for the list of available, high quality apartments in the Village.
This criminal masquerading as a lawyer obviously has serious issues. He’s been proven by his own testimony to be a pathological liar and probably has a personality disorder as he seems to be constructing a reality around himself. He places no value on truth, honesty or loyalty as evidenced by what he has done to his clients and his own family. And by the demands and lies he has made in court, it is evident he feels entitled to do and say whatever suits his purpose and everyone else is expected to nod obediently and believe him because he is, after all, Bill Super Lawyer; or BS lawyer for short. This millionaire wanna-be no longer owns anything of value; he squandered it and put everything he had into foreclosure. He has no money, house, car, boat or vacation home left to show for what he earned or what he stole. He’s just another loser without morals who will be doing time. I’m certain all of his courtroom shenanigans are antagonizing his poor victims. As Lamar said, his behavior and claims in court have been outrageous. The judge needs to be more than concerned; he needs to be judicial and end this nonsense.