Fairland
REAL ESTATE
Public housing residents claim conditions worsen under private management
INDIANAPOLIS — The Laurelwood Apartments on Indianapolis’ southside are managed by a property services firm but they are co-owned by private equity investors and the Indianapolis Housing Agency which is now being overseen by the Department of Housing and Urban Development out of Washington, D.C., which means, everybody’s in charge and no one’s in charge. […]
Merchants Capital Secures $17.1M for Indianapolis-based Supportive Housing Development, The Marvetta & Anthony Grimes Family Center
Leading financial services provider Merchants Capital announced that it secured $17.1 million in financing for The Marvetta & Anthony Grimes Family Center, a 36-unit Indianapolis-based supportive housing development for households recovering from addiction. Merchants Capital provided $9.5 million in low-income housing tax credit equity (LIHTC) financing, and Merchants Bank provided...
Indy Gen Zers feel bleak about homeownership
Steep housing costs are putting Gen Z's homeownership dreams on hold. The big picture: Gen Zers, roughly those aged 12-27, feel deeply pessimistic about the world around them, Axios' Erica Pandey reports. For this story, we're focusing on the adult cohort. What they're saying: "Everything is so expensive, so saving...
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