Experts on the Indianpolis Apartment Market

Over 70 years of combined experience in the multihousing brokerage industry

60,000 Units Sold Throughout Indiana and Kentucky

Clients include local, regional and national private equity investors; public pension funds; and public and private REITs.

$2 Billion in Multihousing Sales

And the highest number of apartment transactions by any Indianapolis brokerage firm.

Annually Presents the Indiana Apartment "Industry Outlook"

An event hosted in conjuction with the Indiana Apartment Association.

5.25.2016

PRESS RELEASE: Tikijian Associates Sells 256-Unit Beechmill Apartments in Indianapolis

FOR IMMEDIATE RELEASE

Tikijian Associates Sells 256-Unit Beechmill Apartments in Indianapolis



Location: Indianapolis, Indiana

Seller: Indianapolis-based Apartment Owner and Manager
Buyer: Birge & Held Asset Management; Indianapolis, IN

Closing Date: May 6, 2016
Tikijian Associates is pleased to have arranged the sale of Beechmill Apartments, a 256-unit apartment community located on the far south side of Indianapolis.

Built in 1981, the property has been owned and managed by the seller since 2002 and has had a long history of high occupancy.

Tikijian Associates represented the seller, a well-respected Indianapolis apartment owner and manager with more than 2,800 units in central Indiana.

The buyer was an affiliate of Birge & Held Asset Management LLC, a growing Indianapolis-based private equity and property management firm. Since its founding in 2008, the company has acquired and now owns and manages over $300,000,000 in multi-family assets across the country.

Click Here For a Beechmill Photo


For additional information:
Tikijian Associates
3755 E. 82nd St., Suite 265
Indianapolis, IN  46240

Phone: 317-578-0088
Fax: 317-570-3677

Contact: George Tikijian (gtikijian@TAmultihousing.com), or Hannah Ott (ott@tamultihousing.com)

Web Site: www.TAmultihousing.com

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5.06.2016

PRESS RELEASE Tikijian Associates Brokers 130-Unit Apartment Community in Indianapolis, Indiana

FOR IMMEDIATE RELEASE

Tikijian Associates Brokers 130-Unit Apartment Community in Indianapolis, Indiana


Location: Indianapolis, Indiana

Seller: Greater Vision IV, LLC, a real estate investment syndication
Buyer: Capital 8 Group, LLC

Closing Date: April 12, 2016

Tikijian Associates is pleased to announce the sale of Aspen Chase Apartments, a 130-unit apartment community located on the northwest side of Indianapolis. The community was built by the well-respected Gene B. Glick Company in 1981 and was purchased by the seller in 2006.

Tikijian Associates represented the seller, Greater Vision IV, LLC, a syndication of investors from Indianapolis and California. The property was managed by Indianapolis-based James Management Group during the seller’s ownership.

The buyer is Capital 8 Group, LLC a Denver, Colorado multifamily owner with properties in Colorado and Texas. The purchase of Aspen Chase was the buyer’s first in Indiana. Indianapolis-based Milhaus Management will manage the property for the new owner.

For additional information:
Tikijian Associates
3755 E. 82nd St., Suite 265
Indianapolis, IN  46240

Phone: 317-578-0088
Fax: 317-570-3677

Contact: George Tikijian (gtikijian@TAmultihousing.com), or Hannah Ott (ott@tamultihousing.com)

Web Site: www.TAmultihousing.com

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