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Articles

Most of Indiana’s largest public companies enjoyed strong 2012

June 12, 2013

Angie’s List turned a profit for the first time in nearly two decades.

Building for game maker Fundex set for July auction

June 13, 2013

One of the last remnants of the bankrupt game maker and distributor is set to be sold at auction next month. The parent of the company that makes the iconic Slinky bought Fundex in December.

Obamacare rebates total $22.6M in Indiana

June 24, 2013

Indiana consumers are set to receive rebates that are 59 percent larger this year as Obamacare continues to force health insurers to refund premiums that exceed actual medical claims by more than 20 percent.

Northside office complex might fetch more than $40M

July 9, 2013

The three buildings near I-465 and North Meridian Street that make up Meridian Corporate Plaza were lost by Lauth Investment Properties LLC in its bankruptcy reorganization.

Small-business group absorbed by state was ailing

July 18, 2013

Gov. Mike Pence in June signed an executive order that folded a tiny northern Indiana not-for-profit called Partners in Contracting Corp. into a new state Office of Small Business and Entrepreneurship. What he didn’t say was that Partners in Contracting was in trouble and likely would have folded operations had the state not stepped in.

Canadian firm buys former Fundex HQ for $3.7M

August 1, 2013

Dalfen American Corp. of Montreal acquired the 110,000-square-foot building in an auction Wednesday following the bankruptcy of the Plainfield-based game maker.

Skywalk adds architectural element to senior-housing project

September 20, 2013

Two four-story structures, at the southwest and northwest corners of 30th and Clifton streets, will be built as part of a $10.7 million project that will include 57 units linked by an elevated walkway.

Wheeler Mission lands $1M grant to help with expansion

October 3, 2013

Wheeler Mission Ministries Inc. said Wednesday that it has received a donation from the Nina Mason Pulliam Charitable Trust that will allow it to start construction on a new facility next to its shelter at 520 E. Market St. in downtown Indianapolis.

Gene Glick was a soldier, a builder and a philanthropic giant

October 3, 2013

Gene Biccard Glick, who died at home following a long battle with Alzheimer’s disease, built affordable housing sprawling across 10 states—a business empire that paved the way for tens of millions of dollars in donations to causes ranging from medicine to recreation.

Developer unveils plans for former Central State site

October 17, 2013

Plans for the proposed $5 million redevelopment show a mix of uses, including student housing, event space, office and industrial space and even the possibility of a brewery.

Simon’s 20-year run has made investors a bundle

October 17, 2013

Simon Property Group now is the largest real estate company in the world and has a stock market value of $59 billion. That’s $6 billion more than Eli Lilly and Co., not that Simon's hypercompetitive CEO, David Simon, has noticed.

Notre Dame No. 2 in ranking of football riches, IU tops Purdue

January 9, 2014

Florida State may be the BCS national champion, but when it comes to cash flow and valuation, the Seminoles can’t touch Texas and Notre Dame.

Skarbeck: Analysts’ quarterly focus can lead investors astray

February 6, 2014

Wall Street analysts are notorious for their short-term attention spans. This leads to undue scrutiny of a company’s quarterly figures and can lead to poor decisions by investors.

Broad Ripple brokers propose office project on College Avenue

February 17, 2014

Scott Lindenberg and Thomas Willey want to replace two rental homes they own just north of Kessler Boulevard with a 5,700-square-foot, two-story office building.

YMCA set to break ground on $22M CityWay project

June 10, 2014

The not-for-profit is expected to begin construction on the three-story, 87,000-square-foot downtown facility July 16, with a completion date of December 2015.

Existing home sales continue dismaying trend

June 16, 2014

Figures for May add to evidence that about 14 percent fewer homes are selling this year in the nine-county area compared with the same point in 2013. But sale prices still are on the rise.

Indiana Toll Road operator facing debt woes

June 19, 2014

The Spanish-Australian investor group Cintra-Macquarie paid the state $3.8 billion in 2006 for a 75-year lease of the 157-mile highway, but its toll revenue hasn't met expectations.

Records – June 23, 2014

June 19, 2014

Records listings from the June 23, 2014, issue of IBJ.

Recent minor-league team sales suggest Indians worth $40M-plus

August 14, 2014

A stunning string of sales of minor-league baseball teams this year suggests the Indianapolis Indians’ current stock buy-back offer might be undervaluing the franchise.

As other WNBA teams struggle, Indiana Fever becomes model of stability

September 4, 2014

An aggressive year-round sales effort and the backing of the Indiana Pacers’ owner and top executive have pushed the Indiana Fever to profitability and helped the 15-year-old team become one of the WNBA’s model franchises.

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