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Permits now required for short-term rental owners in Speedway

The town of Speedway is now requiring owners of short-term rental properties, including Airbnb and Vrbo rentals, to purchase a permit.

Jake carrollGrant kleinhenz

Speedway considers permits for short-term rentals

Right now, town officials estimate they have between 100 and 150 short-term rentals in Speedway. Requiring permits would give them an exact number.

United statesTown of speedwaySally weissAmy atteberryGreatest spectacleGrant kleinhenz

Speedway council questions hotel developer over previous SEC fine

Virtua Partners was fined more than $2 million by the U.S. Securities and Exchange Commission in 2022.

Exchange commissionWilshaw hotelHe speedway ownerHotel equitiesIndianapolis motorVirtua partnersGrant kleinhenz

Speedway s Wilshaw project facing more delays after developer fails to disclose SEC trouble – Indianapolis Business Journal

Town of Speedway leaders are pumping the brakes on a proposed $2.5 million loan to help pay for the long-delayed Wilshaw hotel project after learning that one of the companies involved wasn’t forthcoming about federal fines for past business dealings.

Indianapolis motor speedwayUnited statesTown of speedwayQuyhn palominoJack roseMaddox hargett carusoMark maddoxLoftus robinsonExchange commissionHotel equities groupHe speedway ownerSpeedway town councilHotel equitiesArizona based virtua partnersAtlanta based hotel equities groupVirtua partners

City s proposed loan aimed at helping stalled hotel project

The funding would help a new developer jump-start the more than $30 million Wilshaw hotel project.

Indianapolis motor speedwayUnited statesTown of speedwayWilshaw hotelHe speedway ownerHotel equitiesIndianapolis motorGrant kleinhenz

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