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Kendallville helping owner borrow up to $14 million for renovations at Carriage House Apartments


KENDALLVILLE — After 40 years, the 150-unit Carriage House Apartments on the city’s northwest side could be getting a makeover in the near future.
Chris Kashman, of Ice Miller LLP, and Ryan Tolle, vice president of asset management, for Gene B. Glick Company — the property management group for Carriage House Apartments — were on hand at Tuesday night’s Kendallville City Council meeting to share their plans for the renovation project.
The project in its early stages but could have a price tag as high as $14 million. Kashman and Tolle came to the council Tuesday night asking the city to be a conduit so the Glick property management company could solicit the sale of tax-exempt bonds. ....

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