By Jasmine Kilman
Standard Real Estate Investments and Arrow Street Development have closed on the sale of Wesley Place, the only luxury residential building in Downtown Indianapolis’ Medical District. The 244-unit apartment building at 75 West 18th St. was built in 2023 as part of Standard’s strategic investment program with Belay Investment Group, LLC. The seller was represented by a JLL Chicago team of Amanda Friant, Ken Martin, Mark Stern, Zach Kaufman and Sam Grohe.
“We seized the opportunity to create much-needed housing by working with a thoughtful, local, experienced team through the life cycle of the asset,” said Robert Jue, CEO of Standard. Read the full story here.