Midwest Regional Office

Stonebridge Apartments
Indianapolis, Indiana

“ This opportunity represents the establishment of a new relationship with one of Indianapolis’ most prominent developer/investors. We are delighted to make a loan on this outstanding, quality property located in a vibrant neighborhood on the south side of Indianapolis. The transaction represents a further commitment by New York Life to one of the Midwest’s core markets.”
— James Neidinger, Senior Director

  • 322 residential units spread across 18 three-story apartment buildings
  • Class A project with proximity to employment, retail, and services
  • Property amenities include swimming pool, clubhouse, theater room, and fitness center
  • The property has experienced strong historical occupancy
  • Desirable suburban location provides easy access to shopping, recreation, and employment

Source: REI Midwest Regional Office, June 2017.