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Nora Corners

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CRE Investment - Indianapolis, IN

Nora Corners

A neighborhood shopping center on the north side of Indianapolis, acquired with a joint venture partner. The asset has been refinanced with more than 50% of original equity returned and continues to operate as a stabilized retail hold. The investment reflects our willingness to underwrite necessity-driven retail in strong demographic submarkets where tenancy and trade area support long-term cash flow.
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Net IRR
13.30%
Cost
$0
Equity
$0
Property Type
Acquisition
Location
Indianapolis, IN
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