Fairlawn Real Estate acquires 202-unit Louisville-area portfolio

Two separate transactions continue the company's multifamily expansion

The Aspenwood apartment community in Louisville changed hands as part of a three-property, 202-unit acquisition by Fairlawn Real Estate. (CoStar)

By Jennifer John with

CoStar Research

April 20, 2026 | 1:15 P.M.

Fairlawn Real Estate, based in Chicago and Champaign, Illinois, purchased 202 apartments across the Louisville area for $31.25 million.

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