Results for: Indianapolis

Noble Investment Group, a leading real estate investment manager focused on travel and hospitality, has expanded its portfolio with the acquisition of two new hotels in Fishers, Indiana. The Courtyard by Marriott Indianapolis | Fishers and the dual-brand Hyatt House & Hyatt Place Indianapolis | Fishers are located within the vibrant Fishers District, a thriving development featuring diverse dining, shopping, and entertainment options. This strategic acquisition highlights Noble’s commitment to capitalizing on dynamic growth markets and their belief in the continued economic expansion of the Indianapolis region.

Gray Capital, a real estate investment firm headquartered in Indianapolis, has added Solana at the Crossing to its portfolio, marking its eleventh apartment asset in the city. This acquisition underscores Gray Capital’s confidence in the continued growth of Indianapolis’s multifamily market, which has remained resilient despite recent economic volatility.

A 29-year-old newlywed Indian-origin man, Gavin Dasaur, was shot and killed in a suspected road rage incident in Indianapolis, Indiana. The incident occurred on July 12th, just over two weeks after Dasaur married his Mexican wife, Viviana ZaMora. According to witnesses, the shooting stemmed from an altercation between Dasaur, driving a black Honda, and the driver of a Chevy pickup truck. The suspected shooter was detained but later released, with the police indicating a possible self-defense claim. The investigation into the shooting and the alleged road rage incident is ongoing.

2024 marks a remarkable year for tourism in Indianapolis, with events such as the NBA All-Star Game, Solar Eclipse, and NFL Combine contributing to its success. The city is expected to welcome over 30 million visitors this year, generating approximately $5.8 billion in economic impact and supporting approximately 83,000 hospitality jobs.