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Residential Real Estate
Lender wants Hansen & Horn receivership terminated
May 6, 2010
Scott OlsonSalin Bank argues that it wants to "control its own destiny" by selling 49 lots the homebuilder defaulted on rather
than have court-appointed receiver coordinate the sale.
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.
MoreCentral Indiana home sales up slightly in first quarter
April 27, 2010
Homes sold in the first three months of the year totaled 4,634, a 1-percent increase from the 4,593 in the
same period last year. However, total sales volume jumped 12 percent, to $637 million.
MoreHomeowners need to re-file for Homestead tax break
April 27, 2010
Scott OlsonThe goal of the new law is to reduce tax fraud from Hoosiers who file for the Homestead deduction on more than one residence.
MoreFranklin residents still struggle with solution for flooded land
April 25, 2010
Associated PressCrews will begin in late April demolishing the first of 74 homes south of downtown Franklin damaged by massive flooding in
June 2008. Officials still haven't decided how to reuse the land, and residents are torn.
MoreLocal firm's Carolina development slides into bankruptcy
April 22, 2010
Scott OlsonOwner of Flaherty & Collins' apartment complex in Raleigh seeks to reorganize debts related to a $24.8 million loan. It's
the second Flaherty & Collins project in North Carolina to fall into bankruptcy in six months.
MoreHigher-priced home sales on the rise
April 19, 2010
A total of 242 homes in the nine-county area sold for at least $250,000 last month, an increase of 23.5 percent from the same
time last year.
MoreLender suffers own painful loss after homeowner's death
April 17, 2010
Greg AndrewsA home that fetched $1.6 million in 2005 fetched a mere $370,000 when the lender sold it last year.
MoreSimon mansion in Bel Air on market for $50M
April 15, 2010
Scott OlsonThe 20,000-square-foot estate is in the ritzy neighborhood's most prestigious area,
and boasts eight bedrooms and 16 bathrooms.
MoreArea home sales, prices continue to improve
April 12, 2010
Scott OlsonSales agreements in the nine-county area rose last month by 10.6 percent, compared with the same month last year, while prices
jumped 12.1 percent.
MoreCity's No. 2 real estate agency changes brands
April 8, 2010
IBJ StaffCentury 21 Realty Group is now Prudential Indiana Realty Group, affecting 418 agents in 12 offices around Indiana.
MoreEngeledow Group acquires estate landscaper
March 29, 2010
Kathleen McLaughlinEngledow Group, one of the Indianapolis area's largest landscape companies, has acquired Litchfield Landscape Co. to bolster
its estates division.
MoreTax-break deadline spurs spec homes in Parade
March 29, 2010
Scott OlsonThis spring's Parade of Home is being held about two weeks earlier than normal to help builders lure homebuyers who want to
take advantage of federal incentives intended to give the residential real estate market a boost. Builders also are taking
chances on more spec homes.
MoreLugar Tower project delayed by lack of tax credits
March 26, 2010
Scott OlsonRenovation of apartment building owned by the Indianapolis Housing Agency will have to wait, after it failed to receive the
necessary federal backing to fund it. Three other IHA projects, including Caravelle Commons, will move forward, however.
MoreInsurer lending $7M for east-side Super Bowl project
March 22, 2010
Scott OlsonThe aim is to spur redevelopment on the city's blighted near-east side before the 2012 Super Bowl is played in Indianapolis.
MoreHome builder officially declares bankruptcy
March 19, 2010
Indianapolis home builder Hansen & Horn Group Inc. has officially declared bankruptcy after owners agreed to liquidate the
company earlier this month.
MoreFormer Summit House apartment tower sold
March 16, 2010
Tom HartonThe landmark apartment building at 38th and Meridian streets formerly known as Summit House has been purchased by a pair of
Chicago investors who plan to invest “a significant amount of capital” into the 20-story tower.
MoreLocal luxury home sales jumped in February
March 15, 2010
Kathleen McLaughlinLuxury home sales in central Indiana surged in February despite an overall decline in home sales, Re/Max of Indiana reported
Monday morning.
MoreIndianapolis Housing Agency pulls off big tax credit deal
March 13, 2010
Tom HartonCity agency plans renovations, expansions at eight apartment properties.
MoreCarpenter Realtors trots out smart phone technology
March 13, 2010
IBJ StaffSpecialized bar codes will be on Carpenter materials ranging from print advertisements to yard signs.
MoreArea home sales, prices show increase
March 11, 2010
The housing market could be awakening from its deep sleep, if February home-sale agreement figures are any indication.
MoreDelta Faucet cutting 40 more jobs at Greensburg plant
March 10, 2010
The Carmel-based company said its decision to consolidate machining activities at a plant in Tennessee is driven by weak retail
sales and a sluggish housing market.
MoreHuge tax-credit deal will fund rehab of 538 apartment units
March 9, 2010
Tom HartonThe largest tax credit deal in state history will fund the rehabilitation of 538 apartments in four complexes owned
by the Indianapolis Housing Agency.
MoreMagazine names Fishers 'top affordable suburb'
March 5, 2010
IBJ StaffThe Bloomberg BusinessWeek survey gives the town north of Indianapolis high grades for "livability, safety, education,
and economic performance."
MoreJudge signs off on Hansen & Horn liquidation
March 4, 2010
Scott OlsonA court-appointed receiver can begin selling the assets of troubled home builder Hansen & Horn Group Inc., after a judge approved
its liquidation on Wednesday.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.