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    Abandoned Properties In Indianapolis: Investment Opportunity?

Abandoned Properties In Indianapolis: Investment Opportunity?

Last week I shared a story about a REIT that was formed by nonprofit organizations with the express intent of pooling their resources and experience to tackle and ensure affordable housing throughout the country. An interesting parallel emerged after I read the Indy Star over the weekend. Jeff Swiatek, writes an excellent […]

By |April 29th, 2014|News|0 Comments|

San Diego-based investors have spent $10 million fixing up more than 300 rundown dwellings
Mt. Helix has fix for vacant Indianapolis homes: Rehab ’em and rent ’em

Joe Nelson says he has a solution for dealing with the thousands of “zombie” homes in Indianapolis.
He’s willing to buy pretty much all the unwanted, vacant houses in the city that he can get his hands on, rehab them and fill them with low-income renters.

All on his own dime, without any government subsidies.
This isn’t […]

By |April 29th, 2014|News|0 Comments|

Big buyers in central Ohio

In less than 20 months, four out-of-town investment firms have become some of the largest landlords in central Ohio. Together, they have bought almost 1,300 homes, from Lancaster to Delaware, Newark to Marysville, and are adding more every week.

Four funds have bought a substantial number of houses in central Ohio.

American Homes 4 Rent, […]

By |April 29th, 2014|News|0 Comments|
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    Mt. HELIX Real Estate Investment Fund purchases the first 64 of several hundred homes in Martindale-Brightwood Community of Indianapolis, Indiana

Mt. HELIX Real Estate Investment Fund purchases the first 64 of several hundred homes in Martindale-Brightwood Community of Indianapolis, Indiana

A transformation in Martindale Brightwood By Jessica R. Key Indianapolis Recorder – For decades, a cloud of darkness has hovered over the Martindale Brightwood neighborhood. Residents have had to deal with high crime, abandoned homes, and gang and drug activity among other ills. The sun is beginning to shine on the Eastside neighborhood with […]

By |April 28th, 2014|News|0 Comments|
  • Permalink Gallery

    Mt. HELIX Real Estate Investment Fund purchases the first 64 of several hundred homes in Martindale-Brightwood Community of Indianapolis, Indiana

Mt. HELIX Real Estate Investment Fund purchases the first 64 of several hundred homes in Martindale-Brightwood Community of Indianapolis, Indiana

MARTINDALE–BRIGHTWOOD, Ind., Aug. 23, 2012 /PRNewswire/ – Mt. HELIX Real Estate Investment Fund, LLC, has entered into a strategic alliance with Martindale-Brightwood Community Development Corporation (MBCDC) to purchase several hundred single family distressed homes in the Martindale-Brightwood community of East Indianapolis, Indiana. The alliance matches MBCDC low income clients who desire stable living conditions […]

By |April 28th, 2014|News|0 Comments|

Investor Pumping Millions Into Blighted Properties

Chief Executive Officer Joe Nelson says the Indianapolis housing market is a “tale of two cities.”

An initiative to renovate more than 150 abandoned homes is underway in central Indiana. California-based Mt. Helix Real Estate Investment Funds LLC is investing more than $12 million to breathe new life into blighted properties. Chief Executive Officer […]

By |October 29th, 2013|News|0 Comments|