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Indianapolis Apartment Investor Buys Close to Home As Midwest Tops Sun Belt on Rent Growth

Latest Deal is Fourth From a $100 Million Fund
Gray Capital bought Echo Park in Bloomington, Indiana. (Jason Koenig/CoStar)
Gray Capital bought Echo Park in Bloomington, Indiana. (Jason Koenig/CoStar)
CoStar News
February 27, 2023 | 10:02 P.M.

An Indianapolis apartment investor expanded its portfolio close to home as Midwest cities supplant Sun Belt cities for rent growth.

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