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Kite Realty Group
Kite Realty reports small loss as revenue rises
May 3, 2013
Scott OlsonThe Indianapolis-based real estate investment trust saw a healthy revenue increase due largely to more signed leases and gains
on the sale of three land parcels.
MoreKite buys Castleton Crossing center for $39M
May 1, 2013
The retail center, off East 82nd Street, near Interstate 465 and Allisonville Road, is fully leased and is anchored by HomeGoods,
Burlington Coat Factory and Shoe Carnival.
MorePROXY CORNER: Kite Realty Group Trust
April 27, 2013
Indianapolis-based Kite Realty Group Trust engages in the development, construction, acquisition, ownership and operation
of shopping centers in the United States.
MoreKite Realty is makeover artist for tired shopping centers
March 9, 2013
Cory SchoutenHaving rejuvenated Glendale Town Center and Rivers Edge, Kite is turning its attention to Rangeline Crossing in Carmel.
MoreKite sells 3 area buildings in dealmaking blitz
February 7, 2013
Cory SchoutenThe Indianapolis-based real estate company disclosed the transactions in its fourth-quarter financial report. Kite said it
lost $6.5 million in the quarter on nearly $27 million in revenue.
MoreKite continues Southeast push with $37.3M in acquisitions
December 27, 2012
IBJ StaffIn December, the Indianapolis-based real estate investment trust bought two shopping centers in Greenville, S.C., using proceeds
from its recent $60 million stock sale.
MoreKite Realty reports higher revenue, bigger loss
November 2, 2012
IBJ StaffKite Realty Group Trust Inc. reported higher revenue and a bigger loss during its fiscal third quarter, a busy period during
which the company raised $60 million from a share offering and bought one Florida shopping center and sold another.
MoreKite Realty seeks $52 million in share offering
October 17, 2012
IBJ StaffKite Realty Group Trust Inc. is selling 10.5 million new shares at $5.20 per share in an offering set to raise at least $52
million for the Indianapolis-based retail developer.
MoreIndiana Landmarks still trying to save pre-Civil War home
August 14, 2012
Tom HartonThe Cotton-Ropkey House was built in 1850 and features Greek Revival and Italianate features, including six-over-six windows,
walnut floors and crown moldings.
MoreKite reports larger quarterly loss, higher revenue
August 3, 2012
The Indianapolis-based real estate investment trust attributed much of the $2.7 million loss to $1.8 million in interest and
depreciation expenses on some of its properties. Revenue grew to $25.1 million.
MoreRevamped Pan Am Plaza on track for October debut
July 31, 2012
Cory SchoutenWorkers have ripped out the old fountain and crumbling bricks of Pan Am Plaza, making way for a waterproof membrane and new
stone pavers in a Kite Realty Group Trust project to stabilize the plaza until it can pull off a redevelopment.
MoreDeveloper Kite to remake key corner in Carmel
May 26, 2012
Cory SchoutenKite Realty Group Trust is planning a Rivers Edge-like overhaul of two shopping centers it owns at 116th Street and Rangeline
Road in Carmel. The Indianapolis-based real estate firm already has landed new tenants, including a natural and organic grocery
store and a handful of restaurants.
MoreKite reports narrow loss as revenue rises
May 3, 2012
Cory SchoutenKite Realty Group Trust Inc. reported a narrow first-quarter loss as a healthy revenue increase and a gain on the sale of
an out-of-state shopping center were partially offset by a $1.3 million litigation charge.
MorePROXY CORNER: Kite Realty Group Trust
April 14, 2012
Indianapolis-based Kite Realty Group Trust is a real estate investment trust, engages in the development, construction, acquisition,
ownership and operation of shopping centers in the United States.
MoreKite reports quarterly profit, smaller annual loss
February 9, 2012
The Indianapolis-based real estate investment trust earned a profit of $3.1 million for the quarter ended Dec. 31, but lost
$800,000 for the entire year.
MoreKite reports narrower loss on higher revenue, occupancy
November 2, 2011
Cory SchoutenKite Realty Group Trust Inc. saw a smaller loss in its third quarter compared to a year ago, along with higher revenue and
occupancy rates at its retail properties, the Indianapolis-based real estate investment trust announced Wednesday afternoon.
MoreParking already at a premium at Rivers Edge shopping center
October 1, 2011
Cory SchoutenThe 617 parking spaces at the newly renovated Rivers Edge shopping center meet the minimum commercial-zoning allotment—but
just barely.
MoreKite shares still grounded two years after plunge
September 3, 2011
Cory SchoutenKite Realty Group Trust says leasing activity is up, debt maturities are under control, and new retail developments could
boost operating income this year an impressive 17 percent. Yet shares in the locally based firm still fail to excite investors.
MoreKite sees smaller loss, more revenue in 2nd quarter
August 4, 2011
IBJ StaffKite Realty Group Trust saw a smaller loss and higher revenue in the second quarter compared to the same quarter a year ago,
the Indianapolis-based real estate investment trust announced late Thursday.
MoreKite Realty Trust reports wider first-quarter loss
May 6, 2011
IBJ StaffIndianapolis-based Kite Realty Group Trust on Friday reported a wider first-quarter loss than a year ago thanks to declining
revenue and a big dividend payment to preferred shareholders.
MorePROXY CORNER: Kite Realty Group Trust
April 16, 2011
Indianapolis-based Kite Realty Group Trust engages in the development, construction, acquisition, ownership and operation
of shopping centers in the United States.
MoreKite Realty sees decline in quarterly results
February 16, 2011
Associated PressIndianapolis-based Kite Realty Group Trust on Wednesday reported a fourth-quarter loss on declining revenue.
MoreKite plans to raise $65 million in stock offering
December 1, 2010
The Indianapolis-based real estate investment trust said it will sell 2.6 million shares of preferred stock at $25 each to
repay debt, purchase property and use for general corporate purposes.
MoreKite Realty improves third-quarter results
November 4, 2010
IBJ StaffIndianapolis-based Kite Realty Group Trust improved its financial performance in the third quarter, reporting funds from operations
of $7.8 million, up from $2.8 million in the same period last year despite a slight dip in revenue.
MoreLegal fight over Pan Am Plaza outpaces redevelopment
October 2, 2010
Cory SchoutenPlaintiffs are challenging the city's 2007 decision to waive a hefty fee that otherwise would have been required to redevelop
the crumbling site.
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So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.
Owner occupied housing. Clear enough?
So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.
Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.
RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.