We want to
emphasize ways that investors can avoid fraudulent schemes, as the opportunity for restitution rarely compensates investors
for their losses.
Let me be the last (quasi) sports journalist in America to weigh in on Tiger Woods.
The influence of founders’ families in public companies usually wanes over time. But few firms accelerate the process,
as Finish Line is doing.
The designation scotched a deal with CVS that would have funded construction of a new church at another location.
The Near North Development Corp. asked the city in a Sept. 2 e-mail to compare the renderings for the Di Rimini apartment project at 733 N. Capital Ave. with what was actually taking shape. A week later, the Department of Code Enforcement issued a stop-work order for the project.
-McCallan Properties LLC bought the 77-unit Eastgate Terrace Apartments, 7036 E. 10th St., for $1 million. The buyer was represented by Chad Stickley of Marcus & Millichap. The sellers, Jim and Pat Candler, were represented by Scott Pollom of Cassidy Turley.
-Clary Crossing Senior Villas LP bought 12.75 acres in The Enclave subdivision at Stones Crossing Road and State Road 135, Greenwood. The price wasn’t disclosed. The seller, Fifth Third Bank, and buyer were represented by Jim Shook, Jon Hardy and Andrew Schrage of Coldwell Banker Commercial.
-Hien Nguyen bought a former Bob Evans Restaurant building at 4760 W. 38th St. The price wasn’t disclosed. The buyer was represented by Mitchell Andrews of Andrews Realtors. The seller, Bob Evans Farms, was represented by Michael Cranfill of Sitehawk Retail Real Estate.
Republicans who now control the Indiana House are poised to push reforms next year that would strengthen local governments’ ability to offer businesses tax abatements. But the changes might be met with caution in Marion County.
Acting with uncommon speed, Congress sent President Barack Obama sweeping, bipartisan legislation late Thursday night to avoid a Jan. 1 spike in income taxes for millions and renew jobless benefits for victims of the worst recession in 80 years.
A group of local entrepreneurs has filed plans with with the SEC to raise as much as $306 million to buy real estate assets in a so-called "blind pool" stock offering.
Former President Jimmy Carter is putting the out in outspokenness.
Police are investigating a fight reported early Monday at Jillian’s in downtown Indianapolis. About 90 people were inside the restaurant/bar/entertainment center at 141 S. Meridian St. for a wake when a fight broke out just before 3 a.m. Detectives said 25-year-old Corey Andrews hit another man on the head with a bowling ball; he was arrested for aggravated assault. All told, three people were treated for injuries. Investigators believe some attendees were involved in a serious auto accident on East New York Street a short time later. One person was hospitalized in critical condition, but has since been upgraded to good condition. Alcohol is believed to have played a role in the crash.
The city of Indianapolis is finally poised to close, after three years of twists, a complex redevelopment deal on the 1,600-space former Bank One parking garage.
Instead of offering to help would-be buyers of new houses sell their old homes, Marketplace is offering to become a rental property manager for as long as six years.
My trip to China this month took me to the Shanghai street where my great uncle worked nearly a century ago, when he was only beginning to quench his appetite for knowledge about this vast and mysterious nation.
China remains a small market for Eli Lilly and Co. It generated $320 million in sales for the company in 2010, just 1.3 percent of its $23 billion in sales worldwide. But Lilly has big ambitions in China and is racing to capitalize on its rapid economic growth.
City officials’ fear that Rolls-Royce Corp. might pull thousands of jobs out of Indianapolis drove the negotiations that culminated last month with the company’s committing to move 2,500 of its local office employees to the south side of downtown.
Police are investigating a homicide that occurred about 4 a.m. Tuesday in the 3900 block of Narrowleaf Court near 38th Street and German Church Road on the northeast side of Indianapolis. Corey Andrews, 26, of Indianapolis was shot multiple times while sitting in a vehicle with a female in the driveway of a vacant residence. The shooter fled on foot. Andrews died at the scene. The female inside the car was not injured.
Indianapolis leaders have targeted four core urban areas for renewal, taking steps to create new tax-increment-financing districts to seed economic development there.
IBJ won seven awards at the Alliance of Area Business Publications’ summer conference June 25 in Providence, R.I.
City officials and the developer of a proposed parking garage in Broad Ripple have refused to share financial projections for the project, describing the documents as a “trade secret” exempt from public disclosure.
