February 23, 2010

RPD Catalyst, a private equity investor based in Los Angeles, purchased Harbour Town Apartments and Condominiums, a 120-unit apartment community and newly completed 45-unit condominium building on Morse Reservoir, near Noblesville. The property includes a building pad that can accommodate another 45-unit condominium building. The exact sales price wasn’t disclosed but was less than $5 million. T. Scott Pollom Sr. of Colliers Turley Martin Tucker represented the buyer in the cash transaction. The seller was Fifth Third Bank.