Articles

Governments helped fuel nursing-facility developer’s rise

Carmel-based Mainstreet Property Group has built 13 nursing homes in Indiana and Illinois since 2008. Six of the dozen Indiana properties benefited from municipal-backed credit or tax breaks, and a seventh received a reduced-impact fee. Mainstreet also received $345,000 in state economic incentives.

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Area homes sell at faster clip

Purchase agreements for existing homes in the Indianapolis area increased 13.2 percent in April. Home sales have jumped in each of the first four months of the year.

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