Real Estate

Apartment revitalization work begins in IrvingtonRestricted Content

December 22, 2008
Apartment developer Christopher Piazza has closed on financing for a $1.2 million renovation of a 1914 apartment building in Irvington.
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Kite drops about 10 percent of its staff as retail market floundersRestricted Content

December 15, 2008
Cory Schouten
Kite 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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Appeals pay off for biz ownersRestricted Content

December 8, 2008
Peter Schnitzler
More than one in four Marion County commercial and industrial property owners has appealed its property tax assessments this year, and the challenges often are paying off in a big way.
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Chicago's Jones Lang LaSalle attracts talented local brokers to establish Indy branchRestricted Content

December 8, 2008
Chip Cutter
Some of the city's most prominent commercial real estate brokers have resigned from locally owned Meridian Real Estate to launch an Indianapolis affiliate of Chicago-based Jones Lang LaSalle.
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Lease-to-own options becoming more popularRestricted Content

December 8, 2008
Chip Cutter
With credit tight and the economy shaky, homeowners around the region are increasingly choosing to sell their properties on a lease-to-own basis.
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Kosene & Kosene embroiled in 62 lawsuitsRestricted Content

December 1, 2008
Cory Schouten
Indianapolis developer Kosene & Kosene is battling buyers over a $500 million condo project near Fort Myers.
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Indiana bankruptcies soarRestricted Content

December 1, 2008
Peter Schnitzler
Indiana bankruptcies are rising toward levels not seen since Congress tightened filing rules three years ago, and experts say stretched consumers and businesses probably won't reap benefits of an improved economy for at least a year.
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Despite sour economy, retail developers press onRestricted Content

December 1, 2008
Greg AndrewsMore

Speedway project will have victimsRestricted Content

December 1, 2008
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Duke Realty star starts new companyRestricted Content

December 1, 2008
Aasif Bade started Ambrose Property Group with three employees this month.
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Meridian founder steps asideRestricted Content

November 24, 2008
Veteran office broker John Robinson, one of the founders of locally based Meridian Real Estate, has left the firm and is working on a new venture.
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Fishers tables $100M developmentRestricted Content

November 24, 2008
An Ohio developer and the town of Fishers have agreed to cancel a 2007 development agreement that called for a $100-million mixed-use project featuring 250,000 square feet of retail space and 150,000 square feet of office.
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California's Blue Real Estate establishes local presenceRestricted Content

November 17, 2008
Cory Schouten
Blue Real Estate, a California firm that made a bundle selling West Coast office buildings at the market's peak, has been buying up local buildings and trying to learn the Indianapolis market.
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DBSI, an Idaho company with Indiana properties, faces class-action suitRestricted Content

November 10, 2008
Cory Schouten

DBSI, an Idaho real estate firm with 250 properties worth $2 billion faces a class-action suit. Some of its properties and investors are in Indianapolis.

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Indiana CEOs are cautious during financial mayhemRestricted Content

November 10, 2008
Greg Andrews

CEOs with Simon Property, Duke Realty Corp. and Interactive Intelligence Inc. report that their companies are taking an uncharacteristically cautious approach to acquisitions and investments, given the faltering economy.

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Old St. Francis Hospital may become mix of retail, senior apartments, officesRestricted Content

November 10, 2008
The city of Beech Grove is working on a redevelopment proposal for its St. Francis Hospital campus. Tentative plans call for a mix of office space, apartments for seniors, and retail space.
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IndyFringe leads effort to build artists' apartmentsRestricted Content

November 10, 2008
Kathleen McLaughlin
Indy Fringe executive director Pauline Moffat and Gary Reiter, a board member of the Indianapolis Theatre Fringe Festival Inc., want to build an affordable live-work complex near Massachusetts Avenue.
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Duke founder Wynne loses out using company stock as collateralRestricted Content

November 3, 2008
Greg Andrews
Retired businessman John Wynne, one of the founders of Duke Realty Corp., is the latest executive to get burned after using company stock as collateral for a multimillion-dollar loan in his investment account.
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Residents to decide fate of township assessorsRestricted Content

November 3, 2008
Peter Schnitzler
In this election, citizens must decide whether the assessing duties of the elected township assessor in the township should be transferred to the county assessor.
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Whistle Stop needs tenantRestricted Content

November 3, 2008
The city is looking for a new tenant for the former Broad Ripple Monon rail station at 901 E. 64th St.
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SPECIAL REPORT: Charter Homes draws scrutiny for odd sales claims, multiple liens

August 25, 2008
Cory Schouten
Charter Homes owner Jerry Jaquess fancies himself a white knight for King Park, a neighborhood once known mainly for its rampant crime, boarded-up homes and vacant lots. But as he’s constructed a slew of homes and carriage houses there, the local builder has stirred up several lawsuits, dozens of liens and persistent questions about whether his business is legit.
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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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