LOUISVILLE, Ky. (WDRB) -- A downtown Louisville high-rise is in foreclosure.
According to court records, the owners of Meidinger Tower, Florida-based In-Rel Properties, owe more than $1.5 million.
The company is seven months behind on their $28 million mortgage, and lender William Trust National Association came to collect.
Earlier this month, a court appointee was given control of the skyscraper at 4th and Muhammad Ali and its assets with permission to sell.
Louisville has struggled to repopulate downtown office space since the start of the pandemic.
More Louisville Business News:
- GE Appliances laying off some salaried workers in Louisville
- Metro Louisville hopes to contract more minority- and women-owned businesses on projects
- Flying Axes near NuLu in Louisville to close this month
- DeVone Holt named president and CEO of Muhammad Ali Center in Louisville
- Bardstown Road bar closes after months of investigations, complaints from residents
- Louisville restaurant Señora Arepa on Baxter Avenue in the Highlands closes
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