Northmarq Arranges $45M Loan for Koetter Group JV’s Bourbon Storage and Blending Development in Shelbyville, Kentucky

 Northmarq has arranged a $45 million loan for The Blending House, a bourbon storage, bottling and blending facility located on a 108-acre site at 1917 Vigo Road in Shelbyville, about 39 miles east of Louisville. Randall Waddell of Northmarq’s Louisville office arranged the five-year loan through a regional bank on behalf of the borrowers, a partnership between Floyds Knobs, Ind.-based The Koetter Group and Louisville-based The Spirits Group.

The Koetter Group
John "Jack" Koetter | Owner/Broker, Real Estate Services

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