TIKIJIAN ARRANGES SALE OF 208-UNIT APARTMENT COMPLEX

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GREENFIELD, IND. — Tikijian Associates has arranged the sale of Bluestone Apartments, a 208-unit luxury apartment community in Greenfield, an eastern suburb of Indianapolis. The purchase price was undisclosed. Tikijian Associates represented the property’s developer, Indianapolis-based Paragus, in the sale. Lauth Communities, an affiliate of locally based Lauth Group Inc., was the buyer. The community features large floor plans, attached and detached garages and a full community amenity package. Completed in 2009, Bluestone is the newest apartment community in the Greenfield market, according to Tikijan Associates.

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