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On a seasonally adjusted basis, the pace of mortgage loan activity increased 3.9 percent for the week ended May 7, according to the Mortgage Bankers Association. The rate for 30-year mortgages fell to 4.96 percent from 5.02 percent the previous week. The rate for 15-year mortgages decreased to 4.32 percent from 4.34 percent.

-LH Express LLC leased 41,600 square feet of industrial space at 5252 Decatur Blvd. in the Ameriplex Business Park. The tenant, which is moving from a 15,000-square-foot location in Ameriplex, was represented by W. M. Weishaar of Cassidy Turley. The landlord, Prologis, was represented by Cassidy Turley’s Luke Wessel.

-Star Pipe Products extended its 30,000-square-foot lease at 6119 Guion Road. The tenant was represented by Stan Elser of Grubb & Ellis Harding Dahm & Co. The landlord, Grand Prix Properties, represented itself.

-Suburban Health Organization renewed its 14,210-square-foot lease at 2780 Waterfront Parkway, East Drive. The tenant was represented by Jay Gehl of Hokanson Companies Inc.  The landlord, New Boston Jacaranda L.P., was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.
 
-Picasso Lawn & Landscape LLC leased 6,000 square feet in the Near Northeast Business Center, 4330 Hull St.  Tony Hupp of Summit Realty Group represented the landlord, Hull & Sellers LLC, and the tenant.

-Royal United Financial Services LLC leased 5,025 square feet of office space at 7999 Knue Road. The tenant was represented by Ron Foster of Echelon Realty Advisors. The landlord, BREOF Castleton Park REO LLC, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.

-Quadrant Financial Inc. leased 4,537 square feet of office space at 6515 E. 82nd St. The landlord, BREOF Castleton Park REO LLC, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley. The tenant represented itself.

-The Ohlson Group Inc. leased 3,058 square feet at Meridian Mark I, 11611 N. Meridian St., Carmel. The tenant was represented by Nick Svarczkopf of CB Richard Ellis. The landlord, Zeller Management Corp., represented itself.
 
-Elwood Staffing leased 1,600 square feet at Applewood Centre on Scatterfield Road, Anderson. The landlord, Scatterfield Road Associates, was represented by Scott Gray of Sitehawk Retail Real Estate. The tenant represented itself.

-Spice Indian Grill Inc. leased 1,200 square feet at Northpark Shopping Center, 5436 W. 86th St.  The landlord, F&R Realty, was represented by Liz Yoho of Providence Development.  The tenant represented itself.

-Little Caesars Pizza leased 1,400 square feet at 3850 N. Post Road. The tenant was represented by Ron Mannon of Grubb & Ellis Harding Dahm & Co. The landlord, 3850 North Post Road LLC, was represented by Ryan Hurst of NAI Olympia Partners.  

-Standard Mutual Insurance Co. leased 2,508 square feet at Castle Creek I, 8604 Allisonvile Road, Suite 130. The tenant was represented by Steve Beals of Grubb & Ellis Harding Dahm & Co. The landlord, New Boston Castle Creek LP, was represented by Brian Fitzgerald of Citimark Management Co. Inc.

-Duran Property Group purchased 1.5 acres at the southwest corner of State Road 44 and Progress Parkway in Shelbyville Marketplace, a mixed-use development in Shelbyville. The price wasn’t disclosed. Duran, owned by Dr. Dan Duran, plans to start construction this spring on a 14,000-square-foot building on the site. It will house Duran’s chiropractic business and other tenants. The seller, Progress Parkway LLC, was represented by Thompson Thrift, which will be the exclusive leasing agent for the building. The buyer represented itself in the transaction.

-Aaron’s Rents purchased a .98-acre outlot near the southwest corner of State Road 44 and Progress Parkway in Shelbyville Marketplace, a mixed-use development in Shelbyville. The price wasn’t disclosed. The buyer was represented by Chris Hake of Thompson Thrift. The seller, Progress Parkway LLC, was represented by O.J. Stocker of Thompson Thrift.

Hoosiers still struggling to repair their homes following a 2008 flood still can get financial assistance thanks to money
left over from a United Way grant. Johnson County Community Organizations Active in Disasters has about $2.8 million left
from a $4.16 million grant thanks to lower-than costs so far. Flood victims have until June 7 to apply for reimbursement for
flood or storm-related debt.

Indianapolis recorded its third homicide in three days on Sunday, when police said Julian Brown was shot after kicking down
the door to his ex-girlfriend’s apartment. Witnesses told police that Brown and his ex-girlfriend had been arguing just
before dawn when he entered her residence at Mallard Cove Apartments on the city’s northeast side. He died on the way
to the hospital. Detectives are still searching for his assailant. Brown’s death comes at a time when Mayor Greg Ballard
says violent crime is down nearly 30 percent. But neighborhood crime watch groups disagree. Sunday's murder marks the
56th homicide in Indianapolis this year—compared to 32 at the same time last year.

Classes will carry on as scheduled at Fishers Elementary School today despite a fire at the school over the weekend. Fire
alarms sounded just before 1 a.m. Sunday. When crews arrived, they spotted smoke in the gym and flames in a storage and mechanical
room nearby. They put out the fire quickly. Damage was contained to just one wall, but investigators say they still don't
know the cause of the blaze.

Four senior basketball players at Carmel High School could face misdemeanor battery charges for their roles in two alleged
sexual assaults in January. Any official charges, as well as the names of those players involved, are expected to be announced
during Hamilton County Prosecutor Sonia Leerkamp’s news conference this afternoon. The investigation began after three
senior players were accused of sexually assaulting two freshmen on a team bus returning from a Jan. 22 game in Terre Haute.
During that investigation, school administers learned of another incident involving a fourth senior in the high school locker
room. The players were disciplined by the school after a tip from a parent. Fox59, which is airing the news conference live
at 1 p.m. on Fox59.com, will have more at 4 p.m.