REBusinessOnline

CB RICHARD ELLIS BROKERS SALE OF 168-BED STUDENT APARTMENT COMMUNITY

INDIANAPOLIS — CB Richard Ellis’ Indianapolis-Cincinnati Multi-Housing Group has arranged the sale of a 168-bed student apartment community located in Indianapolis. The College Crossing at National is situated 1 block from the University of Indianapolis. Chicago-based Hunter Properties has purchased the community from Trinitas Ventures for an undisclosed amount. The property, which features two-, three- and four-bedroom units, includes a recreation center, a resident lounge and a study center with public computers. The acquisition price was not disclosed.

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