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346 results for 'flaherty'

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    Brandon Bogan

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Articles

Veteran apartment pro starts development firm: Sebree teaming with Thompson Thrift on venture

May 26, 2008

John Sebree is launching Watermark Residential as a partnership with the owners of Carmel-based Thompson Thrift, a development and construction firm best known for its retail strip center projects. Thompson Thrift was eager to diversify its business, and apartments are as attractive as ever: The subprime mortgage meltdown has reduced the volume of new single-family homes, and the condo market also is hurting. Meanwhile, apartment occupancy rates are sky high in many markets, including Indianapolis, and the prospects for rent…

Local apartment manager loses contract

June 10, 2008

Locally based Flaherty & Collins Properties has laid off several employees after losing a management contract for properties in Indiana, Ohio and Michigan. The move comes after California-based AIG Sun America elected to consolidate its property management operations, said Mark Conover, a Flaherty spokesman. The layoffs affected fewer than 10 people, a small portion of […]

Flaherty & Collins to manage more apartments

July 2, 2008

Flaherty & Collins Properties, an Indianapolis construction, development and management firm, announced this week that it will manage an additional 13 apartment communities for Alliant Real Estate Investments LLC. The new properties include 1,200 units in Michigan, Kentucky, Virginia, Tennessee and Georgia. Flaherty & Collins now handles 18 communities and 1,200 units for Alliant, which […]

Hansen & Horn to build houses in Anson

July 14, 2008

Duke Realty Corp., the developer of the mixed-use Anson in Boone County, has chosen Hansen & Horn Group Inc. to build single-family houses in the project. Locally based Hansen & Horn replaces Los Angeles-based KB Home Inc., which backed out of plans to build in Anson when it exited the Indiana market in July 2007. […]

BOONE COUNTY

August 18, 2008

BOONE COUNTY Developer pitches apartments in Zionsville technology park A local developer wants to build a 224-unit apartment complex in Zionsville’s Bennett Technology Park, but first must clear zoning hurdles relating to a taxincrement financing district. Locally based Anderson Birkla Investment Partners LLC wants to build the Lofts at Bennett Park on about 12 acres […]

Towers eyed for renewal-WEB ONLY

January 24, 2009

Two concrete public-housing towers near Mass Ave downtown can seem like a world apart from the bustling, pedestrian-friendly urban neighborhoods nearby. The Indianapolis Housing Agency is hoping to change that. The group is asking developers to pitch plans to build new residential or commercial space on land surrounding the 21-story John J. Barton Apartments at […]

Bids received for downtown public housing revamp-WEB ONLY

March 2, 2009

The Indianapolis Housing Agency has received five bids from teams interested in developing new residential or commercial space on land surrounding two prominent public housing towers. The agency had asked for proposals for land adjacent to the 21-story John J. Barton Apartments at 555 Massachusetts Ave. and the 15-story Lugar Tower at 901 Fort Wayne […]

Bids received for public housing revamp-WEB ONLY

March 2, 2009

The Indianapolis Housing Agency has received five bids from teams interested in developing new residential or commercial space on land surrounding two prominent public housing towers. The agency had asked for proposals for land adjacent to the 21-story John J. Barton Apartments at 555 Massachusetts Ave. and the 15-story Lugar Tower at 901 Fort Wayne […]

Brooklyn firm buys local apartments for $55M-WEB ONLY

March 10, 2009

A Brooklyn-based real estate investment firm is spending $55 million to purchase a local apartment portfolio from one of the country’s largest owners of multi-family housing. Hampshire Properties LLC purchased six apartment communities from Denver-based Apartment Investment & Management Co., known as AIMCO. The sale totals more than 2,100 units, including the Westlake and Wind […]

Sad news: Cosmopolitan burns

March 12, 2009

A $33-million apartment and retail project along the canal downtown caught fire early this morning. The Cosmopolitan on the Canal project, by Flaherty & Collins Properties, had been nearing completion on a site bordered by the canal, Senate Avenue, Michigan…

Fire destroys $33M canal apartment project-WEB ONLY

March 12, 2009

An overnight fire caused massive damage to a $33 million apartment project on the downtown canal being developed by locally based Flaherty & Collins Properties. The fire was reported around 3 a.m. and continued to burn into the early morning. About 125 firefighters brought the flames under control. The Cosmopolitan on the Canal project was […]

Cosmopolitan a total loss?

March 13, 2009

The remains of the Cosmopolitan on the Canal project continued to smolder today as a small crew of firefighters worked to put out remaining hot spots. They were using a crane to demolish a portion of the building’s remaining facade…

Downtown canal blaze blamed on arson-WEB ONLY

March 17, 2009

A fire that destroyed a six-story apartment complex under construction along the downtown Indianapolis canal last week was ruled an arson today.  The fire gutted the $28 million Cosmopolitan on the Canal project that had been nearing completion and spread onto the roof of the adjacent headquarters of the Historic Landmarks Foundation of Indiana, causing […]

Developer could turn Maxwell to apartments

March 23, 2009

Sluggish condo sales have led developer Kosene & Kosene Residential to consider turning its latest downtown project, The
Maxwell,
into apartments.

Homeless man charged in Cosmopolitan fire-WEB ONLY

March 27, 2009

A 22-year-old homeless man is being held tonight after prosecutors said he set a fire that gutted a $28 million six-story apartment complex under construction in downtown Indianapolis earlier this month. Brandon L. Burns faces preliminary felony charges of arson and intimidation in the March 12 blaze, Marion County Prosecutor Carl Brizzi said at a […]

Back in the game-WEB ONLY

March 28, 2009

For almost 20 years, the Gene B. Glick Co. has been a sleeping giant. The state’s largest owner and manager of apartments spent much of the 1960s through the 1980s building a massive portfolio of apartment communities, mostly for low-income residents. The empire had grown to 100 properties and 18,000 total units across 10 states […]

A new generation takes over Glick apartment empire

March 30, 2009

A new generation of company leadership is revving the Gene B. Glick Co. and building and buying apartment complexes again.

Flaherty picked to develop Barton, Lugar parcels-WEB ONLY

May 12, 2009

The Indianapolis Housing Agency has selected Flaherty & Collins Properties to lead an effort to develop land that surrounds two downtown public housing towers. The group’s board picked the locally based developer from five contenders at a meeting this afternoon. The parties still must negotiate a development agreement with details, including the price for three […]

Flaherty picked to develop Barton, Lugar parcels-WEB ONLY

May 12, 2009

The Indianapolis Housing Agency has selected Flaherty & Collins Properties to lead an effort to develop land that surrounds two downtown public housing towers. The group’s board picked the locally based developer from five contenders at a meeting yesterday afternoon. The parties still must negotiate a development agreement with details, including the price for three […]

Stuck at the drawing board-WEB ONLY

May 16, 2009

Creating a self-contained community on 1,700 acres of farmland could take much longer than the 15 to 20 years Duke Realty Corp. predicted. The Indianapolis-based real estate company has been working since 2003 on Anson, its ambitious mixed-use development in southeastern Boone County. Anson could become the largest neo-urban-style community in the state. But as […]

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