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Sales/acquisitions

August 21, 2012
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-Meadow Drive Apartments LLC bought the 12-unit Meadow Drive Apartments at 268 Meadow Drive, Greenwood. The seller, Sweet Air Investments Inc., was represented by Scott Pollom of Cassidy Turley. The buyer represented itself.  

-Ritter Manor Apts LLC bought the 42-unit Ritter Manor Apartments at 2302 Ritter Ave. The seller, Bayview Loan Servicing LLC, was represented by Scott Pollom of Cassidy Turley. The buyer represented itself.

-Willow Brook Apartments LLC bought the 51-unit Willow Brook Apartments at 2111 E. 52nd St. The buyer was represented by Scott Pollom of Cassidy Turley. The sellers, John T. and Rose A. McEvoy, were represented by Duke Hardy of Tikijian Associates.

-Indiana Hemophilia & Thrombosis Center Inc. bought 1.9 acres of land at 8326 Naab Road. The buyer was represented by David Mennel of Jones Lang LaSalle. The seller, Panattoni Development, was represented by Brooke Augustin of Alliance Commercial Group.

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  1. I'm a CPA who works with a wide range of companies (through my firm K.B.Parrish & Co.); however, we work with quite a few car dealerships, so I'm fairly interested in Fatwin (mentioned in the article). Does anyone have much information on that, or a link to such information? Thanks.

  2. Historically high long-term unemployment, unprecedented labor market slack and the loss of human capital should not be accepted as "the economy at work [and] what is supposed to happen" and is certainly not raising wages in Indiana. See Chicago Fed Reserve: goo.gl/IJ4JhQ Also, here's our research on Work Sharing and our support testimony at yesterday's hearing: goo.gl/NhC9W4

  3. I am always curious why teachers don't believe in accountability. It's the only profession in the world that things they are better than everyone else. It's really a shame.

  4. It's not often in Indiana that people from both major political parties and from both labor and business groups come together to endorse a proposal. I really think this is going to help create a more flexible labor force, which is what businesses claim to need, while also reducing outright layoffs, and mitigating the impact of salary/wage reductions, both of which have been highlighted as important issues affecting Hoosier workers. Like many other public policies, I'm sure that this one will, over time, be tweaked and changed as needed to meet Indiana's needs. But when you have such broad agreement, why not give this a try?

  5. I could not agree more with Ben's statement. Every time I look at my unemployment insurance rate, "irritated" hardly describes my sentiment. We are talking about a surplus of funds, and possibly refunding that, why, so we can say we did it and get a notch in our political belt? This is real money, to real companies, large and small. The impact is felt across the board; in the spending of the company, the hiring (or lack thereof due to higher insurance costs), as well as in the personal spending of the owners of a smaller company.

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