Market Highlights
Indianapolis, the capital city of Indiana, is renowned for its blend of vibrant culture, sports enthusiasm, and economic diversity. At present, Indianapolis has a portfolio of 809 multifamily properties comprising a total of over 167,000 units. Currently, there are 38 properties and 8,301 units under construction with another 30 properties and 6,479 units that are planned.
Indianapolis is often referred to as the “Crossroads of America” because of its location at the intersection of several major interstates such as I-65, I-69, I-70, and I-74. These interstate highways connect various regions of the country and make Indianapolis a crucial point for commerce, trade, and travel. Consequently, the city boasts a diverse economy with strong sectors in manufacturing, healthcare, finance, and technology. Indianapolis is famous for its sports heritage, hosting major events like the Indianapolis 500, one of the world’s oldest and most prestigious car races, and being home to the NFL’s Indianapolis Colts and the NBA’s Indiana Pacers.
