Hurstbourne Office Portfolio

Location: Louisville, KY
Type: Office
Price: $ 16,500,000

The Hurstbourne Office Portfolio is collateralized by a 3-property office portfolio consisting of two 2-story Class A office buildings and one 4-story Class A office building totaling 173,415 SF all of which are located in the Hurstbourne area of suburban Louisville, KY, approximately 12 miles east of the Louisville Central Business District. SMC’s $16,500,000 first mortgage loan refinanced existing debt and there was approximately $5.7 million of equity remaining (LTC=74.2%) in the transaction.