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Michelson Realty Pays $22.9M for Louisville Multifamily

Terraces at Forest Springs Trades for $69,700/Unit
By Cassandra Jandreau
July 29, 2009 | 2:29 P.M.

Michelson Realty Co. acquired Terraces at Forest Springs, the multifamily complex at 3501 Terrace Springs Drive in Louisville, KY, from Flournoy Development Co. for $22.87 million, or about $69,726 per unit.

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