Carmel

Carmel’s Merchants Capital provides more than $6.2 billion in debt in 2023

Carmel, Indiana-based financial services provider Merchants Capital provided more than $6.2 billion in debt and $656 million in tax credit equity financing for 2023. The…

Indiana’s Merchants Bank adds treasury management sales officer

Merchants Bank has hired Derek Elston as Treasury Management Sales Officer. He is based out of the bank's Carmel, Indiana, location. Prior to joining Merchants…

The Connor Group acquires luxury apartment property in Indianapolis market

The Connor Group acquires Carmel Center Apartments, a luxury multifamily community located just north of Indianapolis in the city of Carmel, Indiana. The purchase price…

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…

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