Lawrence
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...
7 Affordable Places To Buy Property Before 2024 Ends
There are a lot of great places out there to invest in when it comes to real estate, but only a few are affordable places to buy property before the end of 2024. As the start of the second half of the year begins, you might want to start figuring out where the next location you want to put some money into is before December 31 rolls around.
Prices set for Phase 1A of Wild Air
Carmel-based Old Town Companies released initial pricing for homes in Wild Air, a mixed-use community set to be constructed at Marysville Road and West Oak Street in Zionsville. The new development will include six distinct neighborhoods made up of single-family homes, townhomes, multifamily units and senior housing, as well as...
With mortgage rates hovering near 7%, is now a good time to buy or sell a home?
While local homes for sale are staying on the market longer than a few months ago, the local real estate market is still tilted toward sellers, a local real estate expert said. Homes now stay on the market for 30 to 45 days, but real estate agents don’t consider the market to be...
Home prices still on the rise in Kentucky and southern Indiana
LOUISVILLE, Ky. — Home prices are still trending up in the greater Louisville area, according to data released by the Greater Louisville Association of Realtors. Despite higher list prices, the number of homes sold in greater Louisville in the second quarter of 2024 also rose compared to the same quarter a year ago. 2,676 homes sold this year compared to 2,623 in 2023.
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...
READI Accelerates New Housing, Rural Development in West Central Indiana
STAUNTON— The Indiana Economic Development Corporation joined local and regional officials today in Staunton to cut the ribbon on a new development to increase housing availability in West Central Indiana. Clay Court development project is part of the Homes for the Future program, a pilot initiative supported by Indiana’s...
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