It is with great pride that we announce that Becovic Management Group of Indiana has officially welcomed another property to our growing multi-family housing portfolio: AYR Apartments, located in Indianapolis.
Nestled in the vibrant heart of Glendale Town Center just east of Broad Ripple, AYR Apartments stands as the epitome of luxury, convenience, and lifestyle for residents. The community was named after L.S. Ayres, a now-dissolved Indianapolis-based department store that once occupied the location of what is now AYR.
The community boasts an ideal location near premier shopping, dining, entertainment, and more. AYR seamlessly integrates the essential culture of Indianapolis's beautifully vibrant northside into residents’ daily routines.
AYR harbors sophisticated interiors that complement the dynamic external culture at your fingertips. The community is less than five minutes from Broad Ripple, meaning residents can enjoy the area’s thriving art scene and culture, diverse nightlife, and various restaurants, cafes, and shops offering unique culinary and shopping experiences. Being situated between downtown and the north side of Indianapolis means easy access to both areas. Residents and businesses can enjoy the convenience of reaching the city center with its cultural, commercial, and employment hubs, as well as the amenities and green spaces found in the northern suburbs.
Perhaps one of the most interesting features at AYR is the unique Live-Work units. From kitchen table startups to the work-from-home lifestyle, AYR’s one-of-a-kind Live-Work units are made for the modern entrepreneur. These units combine a private apartment with a designated workspace for business to thrive. These units include sidewalk access for a storefront, making it easier than ever to conduct business from the comfort of your home. Residents can add time back into their day with these unique units.
Becovic would like to acknowledge with gratitude the following people and companies for their help in this transaction: Hannah Ott and her amazing team at CBRE for bringing this opportunity to our attention, Michael Dury and Anthony Cossell of Merchants Capital for aiding in a tremendously smooth process in financing our first deal together. We'd also like to thank Tadd Miller, Quentin Jennings, and the entire Milhaus team for their hard work and trust in closing this deal and Tim Schlichte of Lake City Bank for bringing this procurement together. Finally, thank you to the best attorney, Jim Porter, from Smith Gambrell Russell Law Firm.
We hope our residents continue to enjoy their beautiful community. Our commitment to excellence goes hand in hand with our dedication to providing exceptional customer service. We understand that your home is not just a place to live but a community where memories are made. With that in mind, we are determined to make your residency with us as comfortable and enjoyable as possible.
Thank you all, and we could not be more excited about this journey! Follow AYR Apartments on Facebook and Instagram to stay up-to-date on area and community news, events, and more!
