CBRE recently facilitated the sale of VER at Proscenium, a premier mixed-use property located in Carmel, IN. The 196-unit complex was acquired by Sterling Group for an undisclosed sum. CBRE’s team of experts including Steve LaMotte Jr., Dane Wilson, and Ross Wettersten represented the seller.
Constructed in 2021, VER at Proscenium boasts a prime location at 1225 Veterans Way and offers studio, one-, and two-bedroom floor plans. Its luxurious amenities include a resort-style pool, state-of-the-art fitness center, pet spa facility,a virtual sports simulator,and co-working space. Residents also have access to the only fob-activated resident beer tap in the metro area.The community features two onsite restaurants – Wahlburgers and 101 Beer Kitchen – with another one set to open soon.
Despite market challenges and complexities associated with this property,CBRE received an impressive number of bids (20) for its sale.This speaks volumes about strong demand from sophisticated investors seeking top-notch multifamily assets like VER at Prosceniumin Indianapolis.”
