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Dennis Bane, AIA
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BEHIND THE NEWS: Investors face long odds in latest Conseco class action

September 26, 2005

Class-action attorneys hit the jackpot three years ago when Conseco Inc. agreed to settle securitiesfraud litigation for $120 million. At the time, it was the 10thbiggest settlement for a case of its kind. This time around, attorneys, and the investors they represent, appear likely to go home empty-handed. Indianapolis federal Judge David Hamilton in July quietly dismissed a securitiesfraud case filed three years ago on behalf of investors who held Conseco stock between April 2001 and August 2002, a span…

Fly by security – for a price: ‘Registered traveler’ program to let passengers pay to avoid long lines

September 26, 2005

Business fliers accustomed to first-class seating will soon be eligible for privileged security screening at Indianapolis International Airport. Airport operator BAA Indianapolis is about to seek proposals from firms to operate a “registered traveler” program. It will entitle any frequent travelers who pass a government background check to use special security checkpoints-bypassing long lines and trouserloosening “secondary screening” passengers must sometimes endure. No more suffering in line behind bubble-gum-popping teens headed for Aruba. Show your registered traveler ID card and…

Browning launching $10 million equity fund: Firm seeking investors for local industrial properties

October 10, 2005

After 28 years in the real estate development business, Browning Investments Inc. is inviting investors to take a cut of some of its deals. The locally based firm plans to launch a private investment fund to buy properties, mostly central Indiana industrial buildings. Browning officials are working on raising $10 million in equity for a fund that will leverage debt to acquire $30 million to $40 million in properties. They hope the fund will be the first of several. The…

BEHIND THE NEWS: If sales fall short, retailers will have explanations aplenty

November 21, 2005

Here’s the good news for Indianabased retailers: Even if the crucial holiday shopping season doesn’t go well, they’ll have plenty of excuses for the lackluster performance. High gas prices kept shoppers at home. High heating prices ate up their disposable income. And any extremes on the weather front could prove handy, too. Who wants to buy sweaters when it’s 60 degrees outside, or venture to the mall on ice-slickened roads? Indeed, it’s not all spin. Take the Indianapolis-based electronics and…

State freeze pushes nursing care at home: FSSA clamps down on the addition of Medicaid beds

December 19, 2005

Indiana regulators have put a temporary freeze on the addition of Medicaid beds to nursing homes, as part of their push to shift care out of institutions and into patient homes. The state Family & Social Services Administration enacted a 90-day rule starting Dec. 15. While it’s in place, the state agency won’t sign the Medicaid nursing facility provider agreements needed to add beds unless they fit within narrow exceptions. In addition to imposing the temporary rule, FSSA Secretary Mitch…

Duke, Bremner pairing bearing fruit for both companies: Venture surpasses goals with $100 million in projects

December 19, 2005

A year after forming a joint venture to pursue health care development, Duke Realty Corp. and Bremner Healthcare Real Estate are preparing to storm the Southeast, one of Duke’s stronghold markets, by opening offices in Atlanta and Miami, and by bringing on a new partner. Announced last December, Duke’s and Bremner’s joint venture this year locked up $100 million worth of projects, ranging from a medical office building on Michigan Road in Hamilton County to an outpatient hospital in Summit,…

State’s plans for Larue Carter remain uncertain: New hosptal ideas are still under consideration

January 9, 2006

A year after the administration of then-Gov. Joe Kernan proposed building a new Larue D. Carter Memorial Hospital, the future of Indianapolis’ lone state-owned psychiatric hospital remains murky. The Indiana State Office Building Commission bought an 18-acre site near the IUPUI campus in December 2004, during the waning days of the Kernan administration. State officials talked then about spending as much as $55 million to build a Larue Carter that would replace the existing hospital, which is part of an…

SPORTS: Century-old NCAA ready to flaunt its new image

January 16, 2006

A centennial celebration only comes around, what, every hundred years or so? Given that, the NCAA hopes to do right by its 100th anniversary, and to maximize the opportunity it brings. “This is the catalyst,” says Dennis Cryder, the association’s senior vice president for branding and communications. “The foundation has been put in place. Now we want to use the centennial to put our student-athletes out front, and represent the best of the whole process of putting sports and academics…

Banking players on rise: Despite flood of mergers, area competition heats up

January 16, 2006

Big-ticket bank mergers grabbed plenty of headlines in the past two years. Just don’t let the splashy news stories fool you. The number of players in the Indianapolis banking market is expanding, even amid consolidation in the industry nationwide. Over the past 10 years, the number of banks taking deposits in the metropolitan area has grown from 41 to 56, according to annual data from the Federal Deposit Insurance Corp. Analysts attribute much of the growth to smaller banks and…

Appliance biz heads north: Clark to open Castleton store, compete with H.H. Gregg Fine Lines for high-end customers

January 23, 2006

The high-end appliance retailer Clark Appliance Showcase will open a store practically in the back yard of its closest competitor in early March. Does the move signal a turf battle between two local retailers that cater to homeowners willing to pay luxury car prices for a kitchen? Not really. The local market for products such as $10,000 Viking ranges is growing so fast that executives at Clark and H.H. Gregg think there’s room for both on the northeast side. “It’s…

Appliance biz heads north: Clark to open Castleton store, compete with H.H. Gregg Fine Lines for high-end customers

January 30, 2006

IRL traveling bumpy road: Despite successes, sponsors are walking, teams are folding and top drivers lack rides

February 6, 2006

The Feb. 4-7 auction of locally based Panther Racing hangs over the open-wheel series like a dark cloud at a time when IRL officials have been crowing about its 2005 successes. Television ratings soared 53 percent from 2004 to 2005, attendance increased 9 percent, merchandise sales were up 75 percent, and Web traffic on the series’ site rose 162 percent. According to Joyce Julius and Associates, an independent Ann Arbor, Mich.-based media research firm, sponsors got 57 percent more exposures…

Speedway waits to renew deal with Formula 1: New date puts Grand Prix up against World Cup soccer, IRL and NASCAR races

February 13, 2006

The long-term future of the U.S. Grand Prix at Indianapolis may hinge on a littleknown American driver and a soccer match several thousand miles away. Indianapolis Motor Speedway officials said they will keep a close eye on attendance for the July 2 race before deciding whether to negotiate with Formula One brass for a new contract to bring the race back. This is the final year in a two-year contract extension F1 czar Bernie Ecclestone signed with IMS President Tony…

Duke goes on buying spree to locate in key markets: Developer gets footholds in D.C., Savannah, Baltimore

February 20, 2006

Less than two months into the new year, Duke Realty Corp. has already made three major moves designed to fuel the company’s growth long beyond 2006. The Indianapolis-based real estate investment trust has announced or completed acquisitions in the Washington, D.C., area; Savannah, Ga.; and Baltimore worth more than $1 billion. In the case of Savannah and Baltimore, the deals give Duke prime positions near city ports-locations company officials believe will be key to the distribution business in coming years….

IndyGo claims take their toll: Payout for injuries, damages hit 3-year high, a big financial hit for cash-strapped system

April 10, 2006

“If it had been a bigger bus, I’d have been dead,” said Williams, who was injured and his car totaled. IndyGo settled his case out of court for an undisclosed sum. Williams filed one of 20 tort claim notices with the Indianapolis Public Transportation Corp. last year. Those, and 10 lawsuits, seek a total of more than $2.6 million in damages. IndyGo attorneys estimate the company’s total potential liability is more like $784,350, according to records obtained by IBJ. The…

Star meetings unusual, not necessarily ethical breach: Political candidates invited to informational meeting

April 17, 2006

An Indianapolis Star program for political candidates that mixes information about advertising and news policies is raising eyebrows among some area politicos and media specialists. As part of their Campaign Connections program, Star officials hold cocktail receptions for Republican and Democratic candidates to discuss advertising possibilities and to explain news processes, including candidate endorsements on the editorial page. Star officials said the program dates back to the 2002 election. Star Editor Dennis Ryerson said it is made clear that buying…

VIEWPOINT: Fraud stings firms that let down guard

April 17, 2006

Contrary to myth, occupational fraud, or white-collar crime, can attack any business at any time, especially companies that do not recognize or refuse to deal with its devastating potential. A recent study by the Association of C e r t i fi e d F r a u d Examiners estimated that 6 percent of all revenue is lost to fraud annually. That translates to more than $660 billion in annual losses across the country. The reality is fraud affects…

Reinbold to sell Chinese autos in Indianapolis: Affordable luxury line likely to hit the streets in 2008

May 22, 2006

Local car dealer Dennis Reinbold, well-known for selling high-end German and Japanese automobiles, will add Chinese vehicles to his lineup, possibly by the end of next year. Reinbold will be among the first dealers in the United States to sell cars made in Wuhu, China, by the state-owned Chery Automobile Co., one of that country’s fastest-growing automakers. Reinbold, who is also an Indy Racing League team owner, paid $2 million to sell the Chinese cars, which will be distributed by…

Plant left with hazy future: Ex-Visteon factory employs 2,000-for now

May 29, 2006

A struggling auto plant on Indianapolis’ east side has quietly shed 300 workers in the past year, reducing employment to 2,000, and analysts say it remains vulnerable to closing. If the steering-components plant on English Avenue meets that fate, employment losses would exceed the 1,500 jobs Indiana hopes to win by persuading Honda Motor Co. to build a $400 million plant in the southeastern part of the state. Before last fall, the east-side plant was part of Visteon Corp., a…

IPS swap a flop?: Browning tells district to drop land-trade plan; site drew just 3 bids despite prime location

July 3, 2006

Indianapolis Public Schools is sitting on a 12-acre parcel of prime downtown land it probably could sell for big bucks. But its pursuit of a land swap instead has tempered interest in the site and raised questions about whether such a complicated deal is the way to go. Just three developers responded to IPS’ request for bids on its land east of Massachusetts and College avenues, despite the unsolicited inquiries that drove the school district to explore its options in…

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1,185 results for 'Dennis'

People

Dennis Bane, AIA

Articles

BEHIND THE NEWS: Investors face long odds in latest Conseco class action

Fly by security – for a price: ‘Registered traveler’ program to let passengers pay to avoid long lines

Browning launching $10 million equity fund: Firm seeking investors for local industrial properties

BEHIND THE NEWS: If sales fall short, retailers will have explanations aplenty

State freeze pushes nursing care at home: FSSA clamps down on the addition of Medicaid beds

Duke, Bremner pairing bearing fruit for both companies: Venture surpasses goals with $100 million in projects

State’s plans for Larue Carter remain uncertain: New hosptal ideas are still under consideration

SPORTS: Century-old NCAA ready to flaunt its new image

Banking players on rise: Despite flood of mergers, area competition heats up

Appliance biz heads north: Clark to open Castleton store, compete with H.H. Gregg Fine Lines for high-end customers

Appliance biz heads north: Clark to open Castleton store, compete with H.H. Gregg Fine Lines for high-end customers

IRL traveling bumpy road: Despite successes, sponsors are walking, teams are folding and top drivers lack rides

Speedway waits to renew deal with Formula 1: New date puts Grand Prix up against World Cup soccer, IRL and NASCAR races

Duke goes on buying spree to locate in key markets: Developer gets footholds in D.C., Savannah, Baltimore

IndyGo claims take their toll: Payout for injuries, damages hit 3-year high, a big financial hit for cash-strapped system

Star meetings unusual, not necessarily ethical breach: Political candidates invited to informational meeting

VIEWPOINT: Fraud stings firms that let down guard

Reinbold to sell Chinese autos in Indianapolis: Affordable luxury line likely to hit the streets in 2008

Plant left with hazy future: Ex-Visteon factory employs 2,000-for now

IPS swap a flop?: Browning tells district to drop land-trade plan; site drew just 3 bids despite prime location