INDIANAPOLIS—Inland Real Estate Acquisitions, Inc. just completed the $60.5 million purchase of Solana Apartments at the Crossing, a 384-unit, class A multi-housing community located about 10 miles north of downtown Indianapolis. Milhaus completed the community in April and it is already 95% leased.

“The Indianapolis market needed new supply,” Mark Cosenza, vice president of Inland Real Estate Acquisitions, Inc., tells, and the quick lease up is proof of that. Inland was also attracted to this property due to its location. “You’re minutes away from the Carmel office corridor but you also have an easy commute into Indianapolis. It’s situated perfectly.”

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