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[16] [17] By the year 2000, the Residential Real Estate Services Division had more than 500 sales associates in 13 offices in the Indianapolis area. [18] [19] In 2001, their residential sales revenue was $2.1 billion. [20] In 2005, Litten received the Distinguished Realtor of the Year award from the Metropolitan Indianapolis Board of Realtors.
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In 2012, Pretium raised $1.2 billion for its first residential real estate fund named Progress Residential, L.P which was used to buy more than 16,500 homes at big discounts. The fund would fund the establishment of the company Progress Residential, which acts as a single-family rental (SFR) management services platform. [2] [4] [5] [6]
Ladywood Estates is a historic district in Indianapolis, Indiana. Built in 1967, it consists of 14 contributing multi-family residential buildings, 16 contributing garage buildings, and one contributing object. [2] Originally planned as apartments, the residential buildings vary in size and number of units.
Duke Realty was a real estate investment trust (REIT) based in Indianapolis, Indiana, that invested in industrial properties. [1] [2] As of December 31, 2021, it owned or jointly controlled 548 primarily industrial properties containing 162.7 million rentable square feet. [1] In October 2022, it was acquired by Prologis.
The economy of Indianapolis is centered on the City of Indianapolis and Marion County within the context of the larger Indianapolis metropolitan area. The Indianapolis–Carmel–Anderson, IN MSA, had a gross domestic product (GDP) of $134 billion in 2015. The top five industries were: finance, insurance, real estate, rental, and leasing ($30 ...
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