Multifamily Q Kentucky

CBRE closes sale of 540-unit apartment community in Louisville

CBRE sells 540-unit apartment community in Louisville,ph01

CBRE negotiated the sale of Mallgate of St. Matthews, a 540-unit apartment property at 514 Brightwood Place in Louisville.

The property sold for $42.5 million.

The Central Midwest Multifamily Team led by Steve LaMaotte Jr. and Dane Wilson, along with Patrick Flaherty and Eric Nelson, represented the seller, Shamrock Communities.

Sundance Bay purchased the apartment community.