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After coming to America, Dr. Bharat Sangani discovered his knack for real estate. Though he was cardiologist by profession, he decided to open a side real estate business. [3] In 2022, AmCap, in a joint venture with Encore Enterprises, has acquired Liberty Square, a 107,431-square-foot, grocery-anchored retail center in the Wauconda suburb of ...
The oldest property, the Sid-Mar, was built in 1887, while the youngest property, the Wyndham, was built in 1930. [1]: 8 The need for apartments in downtown Indianapolis came about as a result of the city's industrial development during the late 19th century, led by the railroad and automobile industries, as well as Eli Lilly and Company ...
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.
Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. Worldwide, it owns interests in 232 properties [3] as of 2021.
Riley Towers Riley Towers I and II in 2011 Former names James Whitcomb Riley Center, Towers at Riley Center General information Status Completed Type Residential apartments Location 225 E. North St. (Tower I) 600 N. Alabama St. (Tower II) 700 N. Alabama St. (Tower III) Indianapolis, Indiana 46204 Coordinates 39°46′30.5″N 86°9′10.2″W / 39.775139°N 86.152833°W / 39.775139 ...
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The development was originally built in the 1940s as Meadowbrook Apartments. [1] They were the heart of a once-flourishing, streetcar suburban neighborhood known as simply "The Meadows". Today, as of 2006, The Meadows is the most blighted neighborhood in Indianapolis and suffers from very severe urban decay and blight. All but seven of the ...
By the late 1990s, Indiana property tax rates had begun to increase dramatically, largely due to increased school funding by school boards. In 2002 the average property tax assessment in the state was 8.82%, with some areas in excess of 10% leading to calls for property tax reform. [ 7 ]
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