CSI UIndy: School to use vacant house for forensic studies lab
In a partnership with the Indianapolis-Marion County Forensic Services Agency, UIndy criminal justice students will be able to comb through mock crime scenes in a realistic setting.
Residential Real Estate
Articles
Legal tussles continue between Carmel developer, siblings
Two children of late heart surgeon and developer John N. Pittman have accused brother Steve Pittman of wrongly taking funds from a family-owned entity to invest in one of his projects. Their lawsuit is one of several proceedings filed over family assets.
Once-swanky downtown apartment building receives $5.7M makeover
The 88-year-old, seven-story Wyndham is available for occupancy after owner the Pearl Cos. bought the building and tore the interior down to its studs.
Area home builders see rebound in demand after off month
Permit filings are up 6 percent so far this year in the nine-county area compared with the first 10 months of 2016.
Mainstreet Health makes $425M acquisition, plans name change
Mainstreet Health Investments Inc., a company founded by Carmel-based Mainstreet Property Group, has reached a deal to acquire Care Investment Trust LLC, which owns 42 senior housing and care properties.
Proposed fee for Mile Square property owners attracts opposition
Downtown Indy is encountering resistance from some big property owners to its plan to create an economic improvement district that would raise about $3 million annually through a fee.
Habitat for Humanity plans 84-acre neighborhood
A Habitat for Humanity group is planning to build possibly hundreds of homes on an 84-acre site in Bloomington.
East-side housing project part of city’s effort to retain teachers
Teachers’ Village in the St. Clair Place neighborhood will consist of 21 new or rehabbed houses priced below market, with the help of about $3.1 million in subsidies.
Efforts to remake Brownsburg’s downtown in progress
Four projects totaling about $85 million, including three already under construction, will bring apartments, offices and retail space to a key stretch of Green Street.
Indianapolis house flipping company files for bankruptcy
The company says it doesn’t have the assets to repay clients and other creditors, leaving more than 120 parties who bought or sold homes through the firm in limbo.
Wi-Fi-enabled devices automate more houses
Smart-home products are poised to become a $60 billion global industry, according to research firm MarketsandMarkets. Yet consumers need spend only a few hundred dollars on each item to make their lives more automated.
IU’s first couple act as ‘stewards’ of presidential home
IU President Michael McRobbie and his wife, Laurie Burns McRobbie, don’t live at Bryan House but it’s still a busy place.
Counties populated with Democrats losing population
High housing costs in blue counties is the biggest factor contributing to the population loss, Redfin said.
Equicor developing Reagan Park extension
Equicor Real Estate LLC’s plans call for 165 single-family homes to be constructed by CalAtlantic Homes of Indiana, as well as 98 senior apartments and 40 assisted-living units.
Residential Real Estate: Marketplace for October 30, 2017
The housing market remains strong—and sales could surpass last year’s record—despite the low inventory of homes for sale, says F.C. Tucker President Jim Litten.
Central Indiana homes sales tick up amid tight inventories
The total number of active central Indiana home listings dropped 12.9 percent, from 11,013 a year ago to 9,589 at the end of last month.
Area home builders experience rare dip in demand
Single-family construction permits in the nine-county area fell last month, marking the first decline since February.
Apartment developer Milhaus lands $245M in equity investments
Milhaus said the capital infusion will help fuel its plan to build thousands of units over the next few years while retaining most of its existing portfolio.
U.S. homebuilder sentiment hits highest mark since May
U.S. homebuilders are feeling more optimistic than they have in months, looking past a recent slowdown in new home sales and the risk of rising labor and materials costs.
UIndy building spree continues with $20M dormitory project
As enrollment swells, the south-side university is working with a local developer to construct two four-story buildings with capacity for 300 students.