Todd Rokita Secures $7.25 Million In Relief In Connection With Aloft Mgt Pointe Lawsuit

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    INDIANAPOLIS—Attorney General Todd Rokita today announced that $7.25 million in required repairs and critical infrastructure commitments have been secured for the residents of Lakeside Pointe at Nora and Fox Club Apartments.  

     “When our office filed suit against Aloft Mgt, LLC and Fox Lake AHF, Inc., I made it clear that when landlords and property managers fail to meet their basic obligation to provide tenants with safe and secure housing, I will do my best to hold them accountable and seek justice for Hoosiers who’ve been wronged,” said Attorney General Rokita. “I have kept my promise despite some unfavorable rulings by the Marion County Court and now, the residents of Lakeside Pointe at Nora and Fox Club Apartments can expect real improvement to the places they call home.”   

     The properties in question have been sold to a new owner who has made a commitment to invest the necessary capital to significantly improve conditions at the properties for the tenants who live there. The new owner’s agreement, which the Attorney General’s office will help monitor, contains the following commitments:  

     $7.25 million dollars to be set aside for required repairs;  

    1. A commitment to resolve existing emergency health department cases within 30 days;  
    1. A structured timeline for repairs with clear and realistic repair deliverables for days 0-30, 30-60, 60-90, and 90-180, prioritizing the most emergent issues at each property; and 
    1. Rebuilding major facilities and renovating fire-damaged units from 6-24 months. 

     As a result of the lawsuit Attorney General Rokita filed against the Lakeside Defendants, the lender took notice and filed a foreclosure action seeking to have the property placed into receivership pending the final outcome of the lawsuits.  

     Were it not for the actions of the Attorney General and the persistence of community advocates and tenants who assisted the investigation, it is likely that the residents of Lakeside Pointe and Fox Club Apartments would remain with no path for improvement. This settlement provides hope for good things to come for these residents.   

     Tenants of the following properties who have experienced problems during the course of their lease are encouraged to file a consumer complaint at www.indianaconsumer.com:     

     Berkley Commons – 8201 Madison Ave., Indianapolis IN 46227 

    • Capital Place Apartments – 4100 Continental Drive, Indianapolis IN 46227 
    • Rockshire Apartments at Covington Square – 115 S. High School Road, Indianapolis IN 46241 
    • Woods at Oak Crossing – 3120 Nobscot Drive, Indianapolis, IN 46222 

     

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