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BEHIND THE NEWS: Coastal cash flowed into tiny firm, yielding big payoff

August 7, 2006

Century Realty Trust is but a grain of sand in the universe of real estate companies. But within the last few years, the Indianapolis firm has caught the attention of investors on the coasts, and they’re the richer for it. Now that Century Realty is selling nearly all its properties to Indianapolis-based apartment owner Buckingham Properties and liquidating, its investors likely will collect from $20.50 a share to $21 a share, according to a filing with the U.S. Securities and…

Noble Roman’s seeking a return to glory

August 7, 2006

Noble Roman’s Inc. executives think they’ve found the recipe to lift their company out of its stock malaise. The Indianapolis company started franchising last year restaurants that feature dual branding with its Tuscano’s Italian Style Subs, and it plans 157 locations within three years.

IRL losing momentum again

August 7, 2006

Smoke coming from the Indy Racing League’s business model indicates it’s leaking oil. Two IRL teams recently folded and at least two more are in serious financial distress. Television ratings and race attendance is either flat or trailing last season.

Developers eye extension for opportunities: Four-mile link of 146th Street from S.R. 37 to I-69 in Noblesville will turn road into important thoroughfare

August 14, 2006

A commercial corridor brimming with office buildings, similar to the one along U.S. 31 in Carmel, is what Noblesville city planners envision for the 146th Street extension from State Road 37 to Interstate 69. Ground is expected to be broken this fall on the four-mile extension, which will make the street a major east-west thoroughfare through the south side of Noblesville if finished as planned in October 2007. The street is already a busy route across much of Hamilton County,…

BEHIND THE NEWS:

August 14, 2006

In the 1980s, Jim Massey was one of Indianapolis’ top bankers. Now, he finds himself in bankruptcy court, the latest former Conseco Inc. director to fall victim to the company’s hardball loan-collection tactics. The Carmel-based insurer last month filed an involuntary bankruptcy petition for Massey, 71, the former president of Merchants National Bank. “It is just another forum to try to bring an expeditious conclusion to the problem,” said Reed Oslan, a partner with the Chicago law firm Kirkland &…

Jones’ ChaCha IT firm to have human touch

August 14, 2006

For the last eight months, Indiana’s resident high-tech guru has been quietly developing a new IT firm. Few details have been leaked to the public. But in September, a national media blitz will announce the launch of ChaCha Search Inc., Jones’ new human-assisted Internet search engine.

Putting a spin on 911: Law-enforcement agencies embrace reverse system

August 21, 2006

Langsenkamp, CEO of Sigma Micro Corp. in Indianapolis, began conducting research on the patented Reverse 911 Interactive Community Notification System in 1990. The technology, however, didn’t hit the market en masse until a decade later. Today, roughly 350 law enforcement agencies in the United States and Canada, including those in Carmel and Beech Grove, use it to blast warnings to residents. “It was the first system that ever allowed people to dial phone numbers and deliver messages based on the…

Long-distance diagnoses are company’s specialty: NearMed to provide radiology services to hospitals

August 21, 2006

An Indianapolis health care startup plans to begin diagnosing patients this fall without actually seeing any of them face to face. NearMed will venture into the fastgrowing market for “teleradiology” by offering a network of doctors around the clock and radiology subspecialists who work days and evenings to read X-rays and other images transmitted over a secure computer network. The Intech Park-based company will call on radiologists in Indiana, Texas and Idaho. In addition, it will provide clients with picture…

CHRIS KATTERJOHN Commentary: Carmel’s newest development craze?

August 21, 2006

What do you do if you own 40 acres smack dab in the middle of one of the hottest sections of Carmel; you are literally surrounded by cookiecutter subdivisions; and developers are swarming you with offers to buy your land at $100,000 an acre? If you’re Don and Judy Carter-Evans, you say “no thank you” and work with the Indiana Department of Natural Resources to have threequarters of the acreage designated a Classified Wildlife Habitat. The Carter-Evans property is on…

Market Square development deadline looming

August 28, 2006

Rival developers are dusting off plans for the former Market Square Arena site now that the partnership the city chose for the project appears on the verge of missing the Aug. 31 deadline to buy the land.

Top Conseco executives opt to live in Chicago

August 28, 2006

Jim Prieur makes a great choice for Conseco Inc. CEO, analysts say. But whether his hiring bodes well for the company’s Carmel headquarters is a different question. Conseco Chairman Glenn Hilliard said last week that Prieur will live in Chicago when he joins the company next month.

IEDC shelves proposal to copy Ohio initiative: Program matches promising startups with capital

August 28, 2006

An Ohio program launched in 2003 to urge development of extremely earlystage companies has already spurred investments worth $239 million in 68 Buckeye startups. Venture capitalists would like to duplicate the program here. But their proposal has been languishing at the Indiana Economic Development Corp. for a month. “We have the application. We haven’t done anything with it,” said IEDC Director of Small Business and Entrepreneurship Bruce Kidd. “This is a classic steeple chase. You’ve got lots of hurdles to…

PROFILE FIRST JURY INC.: Practice makes perfect Local trial consultants aim to help lawyers prepare for litigation

August 28, 2006

PROFILE FIRST JURY INC. Practice makes perfect Local trial consultants aim to help lawyers prepare for litigation Blame the name. Attorneys could be forgiven if they thought hiring Indianapolis-based First Jury Inc. would get them advice on choosing a jury sympathetic to their clients’ cause. But its staff won’t tell them to avoid the woman with her arms crossed or the man who won’t make eye contact. Instead, they’ll assemble a jury of their own and stage a mock trial,…

Firm sees opportunity where banks see risk: Oak Street has big hopes for insurance agency loans

September 4, 2006

Bankers like to see plenty of collateral when they underwrite loans. Insurance agents don’t have many hard assets to show them. Free toasters won’t smooth over this credit dilemma. But the leaders of the Carmel-based Oak Street companies boast they can. And they’re poised to capitalize with a fast-growing specialty lending firm. “The first line of our vision statement says we’ll build a long-term sustainable financial-services firm,” said Oak Street Chairman Steven Alonso. “It’s our strategy to diversify.” Founded in…

VOICES FROM THE INDUSTRY: City must continue to encourage public-art projects

September 4, 2006

Since 1821, when Alexander Ralston first began incorporating spaces for public art in his design of Indianapolis, the city has been able to maintain a strong tradition of public art. Today is a good time to evaluate what must be done now to sustain and enhance that 185-year tradition. Public art also bolsters an area’s economic value and makes it more appealing for investors. Outside businesses looking to relocate a branch or headquarters will look more favorably on a community…

Cook-off leaves bad taste in mouths of vendors: Host of Carmel event dissolves, owing $30,000-plus

September 4, 2006

A failed barbecue and chili cook-off backed in part by owners of locally based Dick’s Bodacious Bar-B-Q has left unpaid vendors hot under the collar. Brothers Richard and David Allen, who franchise the Dick’s concept of serving smoked, Texas-style meat, are among six partners in Bodacious Blues-B-Q LLC, which staged the May event in Carmel in 2005 and 2006. The competition racked up more than $30,000 in losses, prompting organizers to drop plans for future events and begin the process…

Working with the numbers: Using math, local actuaries help companies’ bottom line by analyzing risk to reduce expenses

September 11, 2006

Expanding opportunities Women make up an increasing number of the 18,000 actuaries who work in the field nationwide, but that wasn’t always the case. Kirk recalls a distinct imbalance of men and women in the actuarial field in the late 1970s. “When I first started, I was quite often the only female in professional meetings,” she said. During annual actuary conferences, “the women would kind of clump together because there were so few of us,” but that has changed. At…

Product gives Thomson better hand: New micro-camcorder boosts prospects for unit French parent wants to deal

September 11, 2006

Thomson’s latest product is a lot like the French company’s presence in Carmel, these days. Small, and getting ever smaller. With half the number of employees it had in the late-1990s, Thomson’s Americas unit here is about to be downsized yet again from its current 900-some jobs-but not before enjoying a bit of a surprise hit in a palm-size, under-$130 camcorder. The success of the Small Wonder camera-and a slicker new version due out this fall-could help frame the future…

Local gallery’s goal is to make Picasso more ‘affordable’: Prints from Modern Masters can fetch up to $30,000

September 11, 2006

Chris Mallon carefully removed a protective cover to unveil an original print of the Campbell’s Chicken Noodle Soup label famously depicted by artist Andy Warhol. The piece, known as a silk-screen print, is available at Mallon’s Editions Limited Gallery of Fine Art in Broad Ripple, unframed, for a mere $23,000. So is Marc Chagall’s “Violinist With A Rooster” lithograph that sells for $14,200. While the prices might seem excessive to some, they’re quite affordable when compared to actual paintings done…

PAN founder focuses on another IT venture: BubbleUp aims to standardize musicians’ Web sites

September 11, 2006

It didn’t take David Pfenninger long to get back into the game. Just months after selling Carmel-based Internet-test provider Performance Assessment Network Inc. in April for $75 million to St. Louis-based TALX Corp., Pfenninger is betting on another Internet venture: an online music marketing and management startup called BubbleUp. Pfenninger initially remained part of PAN’s local management team after the acquisition, but stepped down this summer, retaining a role as a consultant. “I thought it was time to make a…

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8,697 results for 'Carmel'

People

Kurt Beier

Articles

BEHIND THE NEWS: Coastal cash flowed into tiny firm, yielding big payoff

Noble Roman’s seeking a return to glory

IRL losing momentum again

Developers eye extension for opportunities: Four-mile link of 146th Street from S.R. 37 to I-69 in Noblesville will turn road into important thoroughfare

BEHIND THE NEWS:

Jones’ ChaCha IT firm to have human touch

Putting a spin on 911: Law-enforcement agencies embrace reverse system

Long-distance diagnoses are company’s specialty: NearMed to provide radiology services to hospitals

CHRIS KATTERJOHN Commentary: Carmel’s newest development craze?

Market Square development deadline looming

Top Conseco executives opt to live in Chicago

IEDC shelves proposal to copy Ohio initiative: Program matches promising startups with capital

PROFILE FIRST JURY INC.: Practice makes perfect Local trial consultants aim to help lawyers prepare for litigation

Firm sees opportunity where banks see risk: Oak Street has big hopes for insurance agency loans

VOICES FROM THE INDUSTRY: City must continue to encourage public-art projects

Cook-off leaves bad taste in mouths of vendors: Host of Carmel event dissolves, owing $30,000-plus

Working with the numbers: Using math, local actuaries help companies’ bottom line by analyzing risk to reduce expenses

Product gives Thomson better hand: New micro-camcorder boosts prospects for unit French parent wants to deal

Local gallery’s goal is to make Picasso more ‘affordable’: Prints from Modern Masters can fetch up to $30,000

PAN founder focuses on another IT venture: BubbleUp aims to standardize musicians’ Web sites