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Rentals
City code enforcement rethinks rental housing strategy
May 9, 2013
Kathleen McLaughlinIndianapolis is reconsidering plans for cracking down on negligent landlords through a rental-housing registry after the Legislature
enacted a one-year moratorium on new fees.
MoreNoblesville OKs $40 million upscale apartment project
April 5, 2013
Andrea Muirragui DavisThe vast multifamily project in the city’s massive Corporate Campus would effectively close out such development there.
City officials hope it will attract more businesses.
MoreLocal housing projects get $3.4M boost from tax credits
March 1, 2013
The Indianapolis developments include new apartments for seniors, the developmentally disabled and homeless veterans, using
sites such as Fort Harrison and the former Central State grounds.
MoreOne Mass Ave project starts; another one is in limbo
November 13, 2012
Tom HartonInsight Development has begun building an $11.5 million, 61-unit apartment project at Massachusetts Avenue and East and North
streets. But the fate of the second phase is up in the air because its financing had been tied to a project Insight
and Flaherty & Collins Properties had hoped to develop across Mass Ave at the site of the Indianapolis Fire Department
headquarters.
MorePackage of 16 apartment complexes back on the market
August 21, 2012
Scott OlsonThe local Zender Family Limited Partnership again is attempting to sell the buildings after failing to attract a suitable
buyer four years ago. The family is expecting better results this time because it's willing to break up the portfolio and
sell the buildings individually.
MoreLarge Broad Ripple apartment complex slated for $10M renovation
July 21, 2012
New owner of property bought out of foreclosure seeks city revenue bonds, state low-income housing tax credits.
MoreFirm pitching Super Bowl rentals in Indy ordered to pay up
July 12, 2012
Associated PressAn Indianapolis judge has ordered a Phoenix-based home rental company to pay nearly $218,000 for not providing promised services
before the Super Bowl last February.
MoreMilhaus buys 55 acres on Keystone to build 300 apartments
April 21, 2012
Cory SchoutenOne of the most conspicuous local remnants of the condo crash—an unfinished $150 million South Carolina-themed community
near Keystone at the Crossing—could finally be completed, as apartments.
MorePenn Arts owner buys historic apartment building
March 31, 2012
The Piccadilly, at 16th and Pennsylvania streets, will undergo a historically sensitive renovation of its 58 units.
MoreApartment convenience luring would-be homebuyers
March 24, 2012
Cory SchoutenDevelopers are catering to nontraditional renters by building units resembling upscale condos.
MoreHundreds of houses available as Super Bowl rentals
January 20, 2012
Scott OlsonIndianapolis-area homeowners are looking to cash in by opening up their homes to visitors for daily prices ranging from about
$700 to $9,000, but demand may not come until participants in the big game are settled.
MoreApartment project planned for south end of Monon
November 15, 2011
Tom HartonThe local arm of a California-based developer of affordable housing is planning to invest up to $10 million in a 60-unit complex
at 20th Street and the Monon Trail.
MoreCourt case might roil not-for-profit tax rules
November 5, 2011
Francesca JaroszA Bartholomew County not-for-profit affordable housing development group is preparing to fight in Indiana Tax Court a denial
of its property-tax exemption. The denial has put the organization
$200,000 in debt and its rental homes in danger of tax foreclosure.
MoreNew apartments in 2012 on track for a 25-year high
November 1, 2011
Cory SchoutenA survey of developers suggests up to 3,438 new units could hit the rental market next year, which would be the highest total
since 1987, when central Indiana gained about 4,500 units.
MoreHot apartment market sees robust sales
September 6, 2011
Tom HartonGene B. Glick Co.’s purchase of the 240-unit Thompson Village apartment complex on the south side is the most recent
deal in a year full of apartment transactions.
MoreBuilders offer new twist on move-up incentive
March 2, 2011
Kathleen McLaughlinInstead of offering to help would-be buyers of new houses sell their old homes, Marketplace is offering to become a rental
property manager for as long as six years.
MoreWhitsett proposes 86-unit downtown apartment project
February 15, 2011
Tom HartonThe $7.2 million project, to be financed with affordable-housing tax credits, involves retrofitting the three-story former
Central Restaurant Products building to accommodate one- and two-bedroom apartments.
MoreReport: Local apartment market strong in 2010
January 6, 2011
Scott OlsonOccupancy in the Indianapolis metro area grew last year to 90.8 percent, according to the latest annual market report compiled
by apartment brokerage Tikijian Associates. The downtown market, in particular, boasted strong numbers.
MoreWork begins on Penn Arts apartment, retail project
May 1, 2010
IBJ StaffRenovation work finally has begun on the building at 16th and Pennsylvania streets. Developer Christopher Piazza found two
equity partners for the project because banks were unwilling to lend.
MoreDisagreement about parking delays project on Meridian Street
February 27, 2010
IBJ StaffA local developer’s plans to renovate a long-vacant and graffiti-covered 1915 building have hit a snag.
MoreNew owner to rehab two century-old apartment buildings
September 19, 2009
IBJ StaffA local real estate veteran who had planned to retire has instead jumped back into the game with the purchase of two vacant
downtown properties he plans to convert to market-rate apartments.
MoreCharter Homes builder draws scrutiny for odd sales claims, multiple liens
August 25, 2008
Cory SchoutenCharter 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.
Zender trying to sell 18 apartment complexes for about $40 million
June 2, 2008
Chip CutterA locally based property management firm is struggling to find a buyer for its downtown apartment complexes, even as the city's
rental market continues to thrive. The privately owned Zender Family Limited Partnership, which was founded 38 years ago,
placed its 18-property apartment portfolio up for sale in November.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.