Premier garden-style apartment community trades in Louisville

CHICAGO, Feb. 18, 2026 –  JLL Capital Markets announced today that it has secured the sale and acquisition financing for Brookview at Middletown, a 210-unit garden-style apartment community located in Louisville's premier East End submarket.

JLL represented the seller, The Brookview Companies, led by its president, David Ostreicher. The buyer was Centennial Holding Company, LLC. JLL also arranged the acquisition loan through Fannie Mae. The loan will be serviced by JLL Real Estate Capital, LLC.

Brookview at Middletown is located at 400 Echelon Wy. in Middletown, offering residents access to the Shelbyville Road retail corridor with adjacent Target and Walmart stores, plus convenient access to Interstate 265 and Interstate 64 for commutes under 20 minutes to downtown Louisville and top employers such as UPS, Humana and Yum Brands.

The 226,821-square-foot property was completed in 2017 and is 95% occupied. The community features floor plans averaging 1,080 square feet with a unit mix of 88 one-, 88 two- and 34 three-bedroom units. The property offers amenities including a fitness center, swimming pool and sundeck, clubhouse and off-leash pet park. About one-third of units include direct-access attached garages.

JLL Capital Market’s Investment Sales and Advisory team was led by Director Amanda Friant, Managing Director Wick Kirby and Senior Analyst Colleen Watson. Executive Managing Director Matt Kafka and Senior Managing Director Tyler Ford arranged the financing.

"Brookview at Middletown represented a rare core plus opportunity of scale in one of Louisville's most sought-after submarkets," Friant said. "The property's dynamic suburban location with walkable retail and its desirable private-entry, townhome style and value-add potential made it an attractive acquisition for Centennial."

The area features A-rated schools and nearby recreation including Valhalla Golf Club, which hosted the 2024 PGA Championship. The Northeast Louisville submarket has achieved 4.7% average effective rent growth over the past three years with minimal new supply forecast for the next five years.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom.

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of December 31, 2025. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.