May 17, 2013
IBJ StaffChristie Kelly is credited with playing a critical role at Duke in helping the company keep a strong financial position during
the recession and economic recovery.
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April 8, 2013
Associated PressGov. Mike Pence asked the Indiana Economic Development Corp. on Monday to review its decision to grant $345,000 in economic
incentives to a company started by a top Republican lawmaker and his son.
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April 8, 2013
Bloomberg NewsIndianapolis-based Simon Property Group Inc. is among borrowers funding projects from rooftop solar panels to energy-savings
systems using so-called Pace financing.
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April 8, 2013
Mason KingFast-growing Mainstreet Property Group will invest $800,000 to lease and equip offices at 14390 Clay Terrace Blvd.
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March 27, 2013
Scott OlsonIndiana real estate investment trusts are hitting new highs while outpacing the bull market and their peers in the usually
hardy and suddenly hot sector.
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March 25, 2013
Mason KingA central Indiana REIT that went public in 2012 has agreed to buy 13 senior housing and care facilities in three states, growing
its asset value by 50 percent.
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March 9, 2013
Cory SchoutenHaving rejuvenated Glendale Town Center and Rivers Edge, Kite is turning its attention to Rangeline Crossing in Carmel.
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February 27, 2013
Mason King
What are Zeke Turner's top five strategies for keeping his work week under 40 hours? Do you really need work e-mail
on your smart phone? What's it like to take a company public? The real estate exec has answers.
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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.
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January 30, 2013
IBJ StaffIndianapolis-based Duke Realty Corp. on Wednesday reported a fourth-quarter loss of $22.5 million, a sharp decline from the
$60.2 million it made in the same quarter of 2011.
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January 18, 2013
Bloomberg NewsMall owners, including Simon Property Group Inc. and General Growth Properties Inc., have been moving on from struggling retail
centers as the economic rebound drives them to focus on the best-performing markets.
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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.
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December 12, 2012
Bloomberg NewsA loan with a balance of $94 million on a South Dakota shopping center owned by Simon Property Group was sent to a special
servicer because default is imminent, Fitch Ratings said.
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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.
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November 1, 2012
IBJ StaffIndianapolis-based Duke Realty Corp. on Wednesday reported a third-quarter loss of $28.2 million, smaller than a loss of $32
million in the same quarter of 2011.
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October 25, 2012
Bloomberg NewsIndianapolis-based shopping center owner Simon Property Group hiked its quarterly dividend and its forecast for full-year
funds from operations as its tenants benefited from an increase in consumer spending.
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September 20, 2012
Bloomberg NewsLuxury outlet malls—where upscale retailers such as Coach Inc. and Michael Kors Holdings Ltd. hawk discount goods—are
now the main source of expansion for the Indianapolis-based real estate investment trust, the country’s largest.
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September 14, 2012
Bloomberg NewsBrookfield Asset Management Inc. is keeping a tight grip on its stake in General Growth Properties Inc. in a bet the second-largest
U.S. mall owner is better off as an independent company that will jump in value.
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September 10, 2012
Bloomberg NewsGeneral Growth Properties Inc., the second-largest U.S. shopping-mall owner, rejected investor Bill Ackman’s request
to put itself up for sale and said it will remain independent.
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August 28, 2012
Tom HartonPhiladelphia-based BPG Properties Ltd., which owns the building at 8888 Keystone Crossing that Bell is vacating, has purchased
Bell’s new headquarters at 4400 W. 96th St.
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August 27, 2012
Bloomberg NewsBill Ackman’s Pershing Square Capital Management LP, the second-largest investor in General Growth Properties Inc.,
urged the mall owner to enter negotiations for a takeover by rival Simon Property Group Inc.
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August 25, 2012
Bloomberg NewsGeneral Growth Properties' largest shareholder said it won’t pursue a takeover of the company and has no interest
in unloading its stake after investor Bill Ackman urged the mall owner to consider a sale.
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August 24, 2012
IBJ Staff and Bloomberg NewsOne of General Growth Properties Inc.'s largest shareholders says Indianapolis-based Simon Property Group has discussed
acquiring the Chicago-based shopping mall competitor.
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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.
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June 11, 2012
Bloomberg NewsSimon Property Group Inc., the world’s largest real estate investment trust, has increased its firepower for potential
global expansion with a $2 billion revolving line of credit in six currencies.
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Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.
Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!
Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.
As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.
Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.