Local apartment brokerage Tikijian Associates bought by Cushman & Wakefield
George Tikijian, who founded the company in 2005, said the deal was finalized Thursday following several months of internal deliberation.
Tikijian Associates
Articles
Metro apartment boom continues as rents keep rising
Apartment rent is on the rise in Indianapolis, thanks in large part to the area’s boom in new multifamily developments—and updates to old ones.
Area’s largest apartment complex sold in five-property deal worth $121 million
The new owners have renamed the five Indianapolis-area properties and plan to spend at least $29 million on renovations and upgrades.
Upscale Fishers apartment complex sells for nearly $37M
The 306-unit Flats at Fishers Marketplace complex was the site of a major fire in 2015 that destroyed one of the main buildings.
Large, north-side apartment complex fetches $36 million
The community along North Keystone Avenue has been renamed and is undergoing more improvements from the new owner.
21-acre Greenwood tract marketed for apartment development
Developer J. Greg Allen had planned to build condominiums on the site before the housing market crashed. He relinquished the property to his lender, BMO Harris.
Zender nears deal for 16-building apartment portfolio
The privately owned company has been shopping the 16-building portfolio for more than a year and thought it had a buyer before the deal fell through. Now, another potential suitor has stepped forward.
Experts: Downtown apartment market to stay strong
The 2,500-plus apartment units slated for downtown over the next few years will not overpower the market, according to panelists at Friday's IBJ Commercial Real Estate & Construction Power Breakfast.
Will suburban apartment market stay hot?
Marah Development’s plans for a 491-unit multifamily housing project in Noblesville’s Corporate Campus aren’t surprising, given the red-hot apartment market in central Indiana.
Flock plans overhaul of Old Northside apartments
Flock Real Estate Group plans to spend more than $1 million to renovate side-by-side Old Northside apartment buildings in the firm's largest solo project to date.
Package of 16 apartment complexes back on the market
The 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.
Tax credits spur city apartment construction
Increase in federal funding helps developers finance projects that include mixed-income rental housing.
New apartments in 2012 on track for a 25-year high
A 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.
Waiting for construction industry to recover
The recession officially ended more than two years ago. But the number of local construction jobs is still down 27 percent from 2007 levels. Will the industry ever feel relief? Some segments might not recover in a big way until 2013.
Experts say options abound for former GM stamping plant
The 2-million-square-foot GM Indianapolis Metal Center, closed this year, sprawls over more than 100 acres on the west bank of the White River and enjoys some of the best views of the downtown skyline.
Report: Local apartment market strong in 2010
Occupancy 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.
Indianapolis-area experts see bright spots amid ongoing real estate weakness
Health care shows signs of life, and multi-family buildings continue to hold their own, experts said during a recent IBJ Power Breakfast.
Van Rooy buys Greenwood apartment complex
Indianapolis-based company purchases 438-unit Westminster Apartments from court-appointed receiver. The listing price of the property was $8.2 million.
Greenwood mobile home park sold to Illinois firm
Indy Mobile purchases 527-lot Friendly Village through a court-appointed receiver.