Indianapolis — Capstone Real Estate Investments (CREI) has acquired The Tyler Indianapolis, a 260-unit student housing community in downtown Indianapolis. The property was constructed in 2011 and serves students attending Indiana University – Purdue University Indianapolis. The mid-rise community offers one-, two-, three- and four-bedroom, fully furnished units. Shared amenities include a resort-style saltwater swimming pool, clubhouse, fitness center and a rooftop grilling and lounge area. The new ownership plans to rebrand and renovate the property, a timeline for which was undisclosed.
CREI Acquires 260-Unit Student Housing Community in Downtown Indianapolis