15
PORTAGE, IND. — The Indianapolis and Chicago offices of CB Richard Ellis (CBRE) have negotiated the sale of Lake Pointe Apartments, a 192-unit multifamily community located in Portage. CBRE represented the seller, Pedcor Investments, in the transaction; the property was acquired by Elad National Properties. The acquisition price was not disclosed, but the property was listed at $19.8 million.