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More stories about Indianapolis-Carmel, IN

  • Recession Lessons

    The Great Recession has claimed among its victims some of the industry's largest owners and developers.

  • Developers Diversify to Stay Recession-Proof

    Some developers are surviving, and even thriving, in today's market by re-engineering thier business plans and turning thier focus to recession-resistant sectors such as the receivership business, student housing, and historic renovations. The overriding trend is to diversify.

  • Q&A Brent Little on Expanding Buckingham's Student Housing Business

    Brent Little, who led the student housing development division of Place Properties, has joined Buckingham Cos. as vice president of higher education to help the company "build into the down market" and become a bigger student housing player.

  • Developers Diversify to Stay Recession-Proof

    The Great Recession has already claimed some of the industry’s largest owners and developers—Fairfield Residential, Bethany Group, Lembi, Babcock and Brown, Opus Corp.

  • Developing in the Heartland

    Vacancy and cap rates in many Midwest markets are coming down, according to regional experts.

  • CREA Raises $63.5 Million for Indianapolis Projects

    City Real Estate Advisors, Inc. (CREA), recently provided $63.5 million in low-income housing tax credit equity to the Indianapolis Housing Authority.

  • Smaller Profits Mean Fewer AHP Dollars

    Several Federal Home Loan Banks (FHLBanks) are trying to stretch their limited Affordable Housing Program (AHP) dollars in the midst of a tough economy.

  • Q & A with Jeff Kittle, executive vice president and managing director of Herman & Kittle Properties, Inc.

    JEFF KITTLE is executive vice president and managing director of Herman & Kittle Properties, Inc., an Indianapolis-based developer and one of the largest owners of affordable housing in the country.


    LA PORTE, IND. -- The nonprofit Parents & Friends, Inc., will build the Butterfly Garden Apartments here.

  • Putting the Squeeze On

    Amid the ongoing credit crunch, the most entrepreneurial apartment developers—those who seek the maximum amount of construction debt available for their projects—are swallowing a dose of lowerleverage reality.