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JUNE 11, 2019

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Besyata and The Scharf Group acquire apartment complex in Indianapolis

by Released

Besyata Investment Group and The Scharf Group, both N.Y.-based single-family offices, have acquired Southport Crossing Apartments in Indianapolis, Ind.

Southport Crossing Apartments is a 328-unit apartment complex located directly on Southport Road, a major East /West thoroughfare on the Southside of Indianapolis, Indiana and just minutes from both Downtown Indianapolis and Greenwood.

Less than ten minutes to the south is Simon’s Greenwood Park Mall, the second largest Indianapolis regional mall, containing 1.2 million square feet. The area surrounding the mall also offers a vast variety of shopping, dining and entertainment options. In addition, over 55 million square feet of industrial/distribution/office space is located within twenty minutes of the property, clustered near the airport and along the interstates.

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