Indiana

Granite-Announcement

West Lafayette, Ind. — Granite Management has appointed John Rabold to the role of CEO succeeding Brent Gutwein, who will serve as the company’s executive chairman. Since joining the West Lafayette-based firm, Rabold has spearheaded initiatives across sales, operations, marketing and finance. He most recently served as president — a position which will remain unfilled as part of the company’s strategic succession plan. “John’s high energy, thoughtful approach and logical decision-making make him uniquely suited to lead Granite into its next chapter,” says Gutwein. “As executive chairman, I will continue to …

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LV-West-Lafayette

West Lafayette, Ind. — A joint venture partnership between LV Collective and Harrison Street is set to break ground on Rambler Levee District, an 800,000-square-foot student housing development located near the Purdue University campus in West Lafayette. The community will offer 583 units across two buildings upon completion, which is scheduled for fall 2027. Shared amenities including co-working spaces, private study and conference rooms, a clubroom, multiple swimming pools, internal courtyards, fitness facilities, yoga and fitness on-demand studios, saunas and a resident lounge. The community will also feature a 20,000-square-foot public …

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Purdue-Fort-Wayne

Fort Wayne, Ind. — A public-private partnership between Gilbane Development Co. and Purdue University is set to break ground on a $100 million residence hall project on the university’s campus in Fort Wayne. The community will span 213,000 square feet, offering 600 beds across 176 units near Ginsberg Hall on the university’s North Campus. Units will be offered in studio through four-bedroom configurations. Just under half of the beds will be reserved for students contracting with the university for housing. The remaining beds will be available to the general public, including …

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the-87

South Bend, Ind. — The 87, an 810-bed student housing development located near the University of Notre Dame campus in South Bend, was recently completed by Toll Brothers Campus Living. Centier Bank provided $91 million in construction financing for the project, which broke ground in September 2022. The community also serves students attending Holy Cross College and St. Mary’s College. The development offers 335 fully furnished units with bed-to-bath parity in studio through four-bedroom configurations, alongside townhomes. Shared amenities include study lounges with private seating options; a social lounge and coffee …

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VERVE-West-Lafayette

West Lafayette, Ind. — Subtext has completed VERVE West Lafayette, a 751-bed student housing development located two blocks from the Purdue University campus in West Lafayette. Located at 150 S. Chauncey Ave., the seven-story community offers fully furnished studio, one-, two-, three- and four-bedroom units. The 400,310-square-foot building also includes retail space leased to two restaurants and a high-end bodega. Shared amenities include a state-of-the-art fitness center, clubhouse, open and private study spaces, Zen courtyards, a swimming pool, outdoor kitchen, multi-purpose lawn, grilling stations, fire pits, hammocks and a dog park. …

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Indianapolis — Indianapolis-based The Annex Group — which develops student, affordable, workforce, active adult and market-rate housing — has appointed Nicole Nass to the role of vice president of property management. Nass, who has more than 16 years of experience in the multifamily sector, will lead the property management division. The Annex Group began offering property management services for select properties in 2022, implementing in-house management at all remaining properties in 2023. Jenni Yeagley, who previously served in the role, will take on a new role within the company. 

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Standard-West-Lafayette

West Lafayette, Ind. — Landmark Properties will develop The Standard at West Lafayette, a 678-bed student housing project located near Purdue University in West Lafayette. The community will offer 253 units in studio through four-bedroom configurations. The 240,299-square-foot building will feature 18,234 square feet of shared amenity space, including a rooftop clubhouse, outdoor heated swimming pool, fitness center, grilling areas, a gaming lounge and courtyard. The community will also include a 207-stall parking garage. BKV Group is the project’s architect, while Landmark Urban Construction, the in-house general contractor for Landmark Properties, …

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Muinzer

West Lafayette. Ind. — Muinzer, in partnership with Walton Street Capital, has acquired two student housing communities located near the Purdue University campus in West Lafayette for $46 million. Acquisitions include Grant Street Station and South Street Station, which offer a total of 362 beds. The properties are 99 percent pre-leased ahead of the 2024-2025 academic year. Randall Calvert of TSB Realty arranged the acquisition of the properties from an undisclosed seller. 

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Gilbane-Purdue

Fort Wayne, Ind. — A public-private partnership between Gilbane and Purdue University Fort Wayne is set to break ground on a 600-bed residence hall. The 213,000-square-foot project will be located near Ginsberg Hall on the university’s North Campus in Fort Wayne.  The community will rise four stories and offer units in studio through four-bedroom configurations. Shared amenities will include a convenience store, fitness center, gaming room, study spaces, lounges, a reception area, leasing office and multi-purpose space. The community will also offer outdoor amenities including a hammock farm, green spaces, a …

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Trinitas

Lafayette, Ind. — Trinitas Ventures has hired Julia Watson and Brett Hill to leadership positions. Julia Watson has been hired to the role of executive vice president of property management. In her new position, she will lead the Lafayette, Indiana-based firm’s property management strategy and operations. She brings over 22 years of experience in the multifamily industry to the position. She most recently served as senior vice president for an undisclosed management firm.  Brett Hill will serve as senior vice president of capital markets. In his new position, Hill will be …

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