August 2, 2011
Tom HartonAmbrose Property Group broke ground last month on a 13,000-square-foot building at Intech Park that will house about 75 Social
Security Administration employees.
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May 31, 2011
J.K. WallLauth Investment Properties, which holds the remains of the real estate empire of Lauth Group, has emerged from Chapter 11
bankruptcy, with about $25 million and a portfolio of properties valued at $35 million.
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September 4, 2010
Cory SchoutenThe deal with financial backer Inland American Real Estate Trust would leave Lauth Group with fewer properties but a more
manageable debt load.
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September 1, 2010
Cory SchoutenThe once-mighty Indianapolis-based developer laid low by the credit crisis has reached a deal to retain control of most of
its properties.
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July 29, 2010
IBJ StaffLauth Group Inc. will relocate its headquarters to a North Meridian Street office building as part of a bankruptcy court settlement,
the company announced Thursday afternoon.
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July 27, 2010
Cory SchoutenFinancially troubled developer Lauth Group Inc. is looking for new office space after the company's largest investor took
control of the building it now calls home.
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April 8, 2010
Scott OlsonAffiliates of Lauth's largest financial backer, Inland American Real Estate Trust in Chicago, agree to dismiss their suit
against
the Indianapolis-based
developer, and also withdraw a request to have a Chapter 11 trustee appointed.
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February 20, 2010
Scott OlsonThe commercial real estate slump is prompting several Indianapolis brokerages to add property-management services to their
portfolios or bolster existing ones.
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January 16, 2010
Cory SchoutenThe largest creditor for Lauth Group Inc. has asked a bankruptcy judge to appoint a trustee after evidence in a related case
suggested Lauth insiders may have backdated documents to thwart creditors.
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December 26, 2009
Cory SchoutenThe outlook for commercial real estate development continued to worsen in 2009, as one major name faltered and other companies
scrambled to redesign their business models and capitalize on the carnage.
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September 5, 2009
Cory SchoutenLauth Group Inc. in recent weeks has won critical courtroom victories that likely will allow company principals
to retain control of three subsidiaries in Chapter 11 bankruptcy.
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August 17, 2009
Greg AndrewsSince key Lauth Group subsidiaries landed in bankruptcy in May, the company has described its misfortune almost as if it
were an act of God.
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July 20, 2009
Cory SchoutenDeveloper Lauth Group Inc. is sparing no expense on attorneys in the Chapter 11 reorganization of key subsidiaries. The company
has hired two of the nation’s most prominent bankruptcy and restructuring specialists to handle
the cases, and the bill for the first month easily will exceed $1 million.
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June 1, 2009
Regarding the May 25 story, ["Lauth granted reprieve,"] please note that Lauth Property Group is an offshoot of the original
company founded by myself and Terry Eaton in 1976. It was then known as Ernst/Eaton Associates.
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May 25, 2009
Cory SchoutenA judge has given Lauth Group Inc. a reprieve from an equity investor that is seeking to take control of most of the developer's
properties.
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May 11, 2009
Cory SchoutenThe 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through
a Chapter 11 reorganization and if the real estate market doesn't take too long to turn around, experts said.
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April 20, 2009
Cory SchoutenStruggling developer Lauth Group Inc. has cut about 90 percent of its staff and lost control of part of its portfolio to a
major equity partner-developments that raise doubts about whether the locally based company can survive the recession.
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December 15, 2008
Cory SchoutenKite Realty Group Trust has joined local peers Duke Realty Corp. and Lauth Group Inc. in laying off employees as it copes
with dried-up credit and a soft retail market.
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March 31, 2008
Cory SchoutenThe CEO of locally based Lauth Group Inc. says most people he knows in the business, even the steely types who always project
optimism, are privately nervous about the economic morass that began with a collapse in subprime mortgages.
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March 26, 2007
Cory SchoutenA who's-who of local firms is planning bids to redevelop the Market Square Arena site with mixed-use projects that would depart
sharply from previous efforts focused on residential. New plans are expected to include retail , offices, apartment units
and condos backed by high-profile local developers that didn't bid before.
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we love that we were right in our predictions for the outcome of Tony's boondoggle. We aren't negative, we are positive that the league that never has will continue to blow chunks and stink up the place
I was initially excited to learn that this wasn't rubber-stamped, but if all that is required is to add some shrubs and some "window dressing" over the first floor of the garage, then I'd call it a waste of everyone's time. It should be noted that the Hearing Examiner is a DMD employee who reports to the same administrator as the DMD staff planner who recommended approval of the garage and whose report said that the requirement for ground-floor retail had been "satisfied". Better luck with appealing the inevitable approval at the MDC, where the commissioners are appointed by the Mayor, City Council, and County Commissioners, thus, presumably not all obligated to facilitate the administration's plans.
Wheat Thins, when paired with chocolate ice cream!
About the same.
New airport, new Lucas Oil Stadium, expanded convention center, $30,000,000 Pacer gift, Stupid City Way Project, Broad Ripple Parking Garage $ Giveaway, Money blown on lethal bike lanes. The list is endless..
We have complete morons in City Government with grafter buddies sitting in the wings also stealing parking meter revenue. Go to www.adavceindiana.com and read about Chicago Parking Meter Corruption.
It's all theft of taxpayer resources and complete lack of financial stewardship and devoid of integrity.
I would just like for basic city services please.