Carmel

Merchants Capital closes $17.4 million in equity for affordable seniors property in Fort Wayne

Carmel, Indiana-based financial services provider Merchants Capital has secured $17.4 million in Low-Income Housing Tax Credit equity financing for the new construction of Reserve on…

Echo Real Estate Capital acquires 33,000-square-foot medical office building in Indianapolis market

Echo Real Estate Capital, Inc. has acquired Three Penn Mark, a 33,000-square-foot medical office building in the Penn Mark Plaza office park in Carmel, Indiana. …

CREC Real Estate sells its stake in 196-unit multifamily development in Indianapolis market

CREC Real Estate, LLC, a private equity real estate investment firm, has sold its stake in VER at Proscenium, a multifamily property in Carmel, Indiana.…

CBRE sells 196-unit mixed-use development in Indianapolis market

CBRE has arranged the sale of VER at Proscenium, a 196-unit, trophy mixed-use asset in the center of the affluent suburb of Carmel, Indiana, to…

Indiana-based Merchants Bank of Indiana adds VP, senior business development officer

Carmel, Indiana-based Merchants Bank of Indiana hired Pawel “Paul” Jastrzebski as vice president, senior business development officer for the Small Business Administration Lending division. Jastrzebski joins…

Indiana’s Merchants Capital’s capital markets platform still seeing success

Carmel, Indiana-based financial services provider Merchants Capital has enjoyed strong growth in its capital markets platform led by senior vice president Evan Gibson. Since its…

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…

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.…

Merchant Bank of Indiana hires senior business development officer

Merchants Bank of Indiana hired Brian Konwar as a senior business development officer in the Small Business Administration Lending division. He will join the Merchants team…

Indiana’s Merchants Capital closed record-setting $8.95 billion in debt production last year

Carmel, Indiana-based financial services provider Merchants Capital closed a record $8.95 billion in debt production in 2022, surpassing the previous record of $7 billion set…

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