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Multifamily Investment Activity Sets Another Record in Indianapolis

Favorable Pricing, Solid Fundamentals Attract Investors
Overlook at Valley Ridge was one of two Indianapolis-area properties that were part of Starwood's $2.44 billion multifamily portfolio purchase in May. (CoStar)
Overlook at Valley Ridge was one of two Indianapolis-area properties that were part of Starwood's $2.44 billion multifamily portfolio purchase in May. (CoStar)
CoStar Analytics
August 9, 2022 | 4:07 P.M.

While moderating from a first-quarter spike in activity, multifamily investment has remained solid in Indianapolis, driving the strongest second quarter tally on record. More than $286 million in apartments traded, bringing the first half total above $870 million.

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