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Indiana

IndianaMultifamily

Horvath & Tremblay closes sale of pair of multifamily properties in Northwest Indiana

Horvath & Tremblay has completed the sale of two multifamily properties in Whiting and Hammond, Indiana, for a total of $1.148 million. Anthony Spangler of…
April 18, 2023
IndianaFinance

Merchants Bank of Indiana hires assistant vice president

Carmel, Indiana-based Merchants Bank of Indiana hired John Douglas as assistant vice president in the bank’s Correspondent and Warehouse Lending divisions. Douglas will join this…
April 17, 2023
IndianaIndustrial

MAG Capital Partners acquires second industrial property in Elkhart

Dallas-based MAG Capital Partners, LLC acquired its second industrial property in Elkhart, Indiana, completing a sale leaseback with Colbert Packaging Corp. 1511 West Lusher Avenue is…
April 14, 2023
IndianaMichiganRetail

Michigan’s Friedman sells 60,000-square-foot retail center

Farmington Hills, Michigan-based Friedman Real Estate recently sold the 60,000-square-foot Plymouth Plaza retail center in Plymouth, Indiana. The new owner plans to repurpose the property…
April 12, 2023
IndianaCRE

Merchants Bank of Indiana hires vice president, treasury management officer

Merchants Bank of Indiana has hired Karin Cook as Vice President, Treasury Management Officer. She will be based out of the company’s headquarters in Carmel, Indiana.…
April 10, 2023
IndianaIndustrial

Marcus & Millichap negotiates sale of South Bend industrial property

Marcus & Millichap recently closed the sale of Kirby Risk Corporation, an industrial property in South Bend, Indiana. The asset sold for $650,000. Clayton Isacson,…
April 6, 2023
IndianaCRE

Indiana’s Cressy Commercial Real Estate closes merger with Mno-Bmadsen

The principals of Mishawaka, Indiana-based Cressy Commercial Real Estate completed a merger with Mno-Bmadsen, the nongaming investment arm of the Pokagon Band of Potawatomi. The…
April 6, 2023
IndianaNebraskaOhioTennesseeTexasWisconsinRetail

Acquisition financing secured for an 11-property retail portfolio located across the Central U.S.

JLL Capital Markets has secured acquisition financing for an 11-property, 1,500,000-square-foot retail portfolio, consisting of repurposed and upgraded former Sears retail assets spread across eight states in…
April 4, 2023
IndianaStudent Housing

Muinzer acquires 33 student-housing properties near Purdue University

Muinzer and T2 Capital Management recently acquired Basham Rentals in West Lafayette, Indiana. The acquisition includes the entire Basham Rentals student-housing portfolio of 33 properties…
March 31, 2023
IndianaFinanceMultifamily

JLL Capital Markets provides more than $18 million in financing for 358-unit apartment complex in Indiana

JLL Capital Markets has arranged the $18.239 million acquisition financing for Cambridge Estates, a 358-unit, garden-style affordable apartment community in Lafayette, Indiana. About 41% of the…
March 29, 2023
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