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Sales/acquisitions

September 18, 2012
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-Monsey, N.Y.-based White Eagle Property Group bought the 348-unit Northlake Village apartments at 1100 Northlake Drive, Noblesville. The seller, McCann Realty Partners LLC of Richmond, Va., was represented by Steve LaMotte, Dane Wilson and Dave Lockard of CBRE’s Indianapolis-Cincinnati Multi-Housing Group. The buyer represented itself.

-Fred Lawson of LY Indy Investment Group bought the 57-unit Woodview Terrace apartments at 9122 E. 10th St. The property was listed for $1.15 million. The sale price wasn’t disclosed. The buyer was represented by Leona Murphy of Murphy & Associates. The seller, Richard Noel, was represented by Tikijian Associates.

-Georgetown Road Center LLC bought 2.2 acres at 6200 Coffman Road. The seller, Dearborn Street Holdings LLC, was represented by Bo Leffel of Cassidy Turley. The buyer represented itself.

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  1. The deductible is entirely paid by the POWER account. No one ever has to contribute more than $25/month into the POWER account and it is often less. The only cost not paid out of the POWER account is the ER copay ($8-25) for non-emergent use of the ER. And under HIP 2.0, if a member calls the toll-free, 24 hour nurse line, and the nurse tells them to go to the ER, the copay is waived. It's also waived if the member is admitted to the hospital. Honestly, although it is certainly not "free" - I think Indiana has created a decent plan for the currently uninsured. Also consider that if a member obtains preventive care, she can lower her monthly contribution for the next year. Non-profits may pay up to 75% of the contribution on behalf of the member, and the member's employer may pay up to 50% of the contribution.

  2. I wonder if the governor could multi-task and talk to CMS about helping Indiana get our state based exchange going so Hoosiers don't lose subsidy if the court decision holds. One option I've seen is for states to contract with healthcare.gov. Or maybe Indiana isn't really interested in healthcare insurance coverage for Hoosiers.

  3. So, how much did either of YOU contribute? HGH Thank you Mr. Ozdemir for your investments in this city and your contribution to the arts.

  4. So heres brilliant planning for you...build a $30 M sports complex with tax dollars, yet send all the hotel tax revenue to Carmel and Fishers. Westfield will unlikely never see a payback but the hotel "centers" of Carmel and Fishers will get rich. Lousy strategy Andy Cook!

  5. AlanB, this is how it works...A corporate welfare queen makes a tiny contribution to the arts and gets tons of positive media from outlets like the IBJ. In turn, they are more easily to get their 10s of millions of dollars of corporate welfare (ironically from the same people who are against welfare for humans).

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