Opus Group has broken ground on a 289,000-square-foot industrial property at 8700-8900 Mississippi St. in Merrillville, Ind. The Minnetonka, Minn., developer expects to complete the property in December. It is being built near Indiana's border with Illinois, about 40 miles ...
Commercial Real Estate Direct Staff Report Muncie Mall in Indiana has been appraised at a value of only $6 million, well less than the $31.2 million of mortgage debt against it. The mortgage is securitized through JPMBB Commercial Mortgage Securities ...
REBusiness Online TWG Development will break ground soon on the 1827 Lofts, a 166-unit apartment property in Indianapolis. The local developer will build the property at 1827 North Meridian St., about two miles north of the city's downtown. It will ...
REBusiness Online A local development group comprised of Milhaus, Gershman Partners and Citimark has broken ground on the Versa, a 233-unit apartment property in Indianapolis. The group is building the property at Guilford and Broad Ripple avenues, about eight miles ...
REBusiness Online HSA Commercial Real Estate has broken ground on Terminus at Hobbs Station, a two-building industrial property with 497,540 square feet in Plainfield, Ind. The Chicago developer is building the property at 9524-9532 Station Blvd., about 14 miles southwest ...
Draper & Kramer Inc. has arranged a $54 million loan against Prairie Point and The Reserve at Prairie Point, a 440-unit apartment property in Merrillville, Ind. The financing, which was provided by a life insurance company, has a five-year term ...
StorageMart has acquired Storage Space, a 774-unit self-storage property in Carmel, Ind. The seller and sales price could not yet be learned. The 93,086-square-foot property was built between 1971 and 1983 at 147 West Carmel Drive, about 15 miles north ...
JLL Capital Markets has arranged an $18.24 million Freddie Mac loan for the 358-unit Cambridge Estates apartment property in Lafayette, Ind. The property, constructed in phases from 1973 to 1977, is owned by Brikwell of Denver, which had acquired it ...
Multi-Housing News StorageMart has acquired Storage Space, a 774-unit self-storage property in Carmel, Ind. The seller and sales price could not yet be learned. The 93,086-square-foot property was built between 1971 and 1983 at 147 West Carmel Drive, about 15 ...
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