Indianapolis

The respective properties were acquired through a newly formed joint venture among a wholly-owned subsidiary of Summit, a real estate holding company, and a global institutional asset management firm. The properties will be leased back to the seller on a triple-net basis.

With the passing of one partner, Rubenstein determined that since cap rates for sales are attractive, and warehouse and logistical center property is in demand, it was a good time to sell, says Mandelbaum Salsburg attorney Owen Hughes.

Warren Thompson, a restauranteur and food and facilities management entrepreneur, brings oversight and finance experience to the nationwide industrial REIT.

Waypoint says the six projects involve more than $325 million in new investment.

MISHAWAKA, IN—AHEPA Management Company has arranged financing for a new Mishawaka, IN affordable assisted living facility. With a future address…

The property is in a densely developed area on the employment-rich north side of Indianapolis, a demographic that presents strong opportunities for Emma Capital, says the firm's asset manager, Brian Rakowski.