Milhaus Lands Major Investment

Indianapolis-based real estate developer Milhaus has received a $245 million equity investment from FrontRange Capital Partners in Colorado. The developer says it will use the money, which also includes funding from a group of internal investors, to reach its goal of having 20,000 units in 10 markets by 2020. Milhaus adds an upcoming undisclosed investment from StepStone Group Real Estate LP will contribute to the effort.