Real Estate Foundation

In study, research, and discovery


In 2014, the University of Louisville Foundation established a separate University of Louisville Real Estate Foundation to hold and manage its properties for UofL’s benefit. Today, the Real Estate Foundation oversees 27 buildings, valued at more than $250 million. These buildings provide University students, faculty, and staff an unmatched environment to pursue their educational and research goals. Other Real Estate Foundation properties generate critical revenue to support UofL’s initiatives.

Planning for the future. Making an impact today.

Investing in World-Class Facilities

Foundation Value
Number of Properties
Total Square Footage
Workers in our Buildings
ShelbyHurst Office Campus

500 North Hurstbourne

Located on the University of Louisville’s Shelbyhurst Campus, this class AA+ office building is one of several buildings that helped the Real Estate Foundation establish one of the premier office parks in the Louisville area.  This 120,000 square foot building is LEED certified, has 600 parking spaces, and sits on 18 acres. Managed by our partner, NTS Development Corporation, it is home to some of the area and nation’s top companies. Investing in real estate like 500 North Hurstbourne provides financial returns that are used to support the academic mission of the University.

1601 S Floyd St.


Located on the Belknap Campus, the HIVE is an example of how the Real Estate Foundation’s holdings provide “town and gown” partnerships with industry. The HIVE is occupied ScionHealth (formerly Kindred Healthcare) and is a technology research and collaboration project focused on various aspects of aging care. These solutions are developed using ScionHealth employees, UofL faculty, and students. The collaboration around innovation provides experiential learning to campus and a true value proposition to our industry partners. The HIVE is one of many such relationships housed within our real estate portfolio.

Belknap Campus

Bettie Johnson Hall

Located near the heart of the Belknap Campus, Bettie Johnson Hall is one of three student housing properties owned by the Real Estate Foundation. Managed by the University of Louisville’s Office of Student Housing, this 224 bed dormitory provides apartment style living close to all the campus has to offer. It serves as an example of the strategic investments the Real Estate Foundation makes in support of the University’s academic mission.

2023 - 2024

Board of Directors

Steve Gault Headshot

Mr. Steve Gault

Mariah Gratz Headshot

Ms. Mariah Gratz

Vice Chair
Powell Spears Headshot

Mr. Powell Spears

Secretary and Treasurer
Scott Brinkman Headshot

Mr. Scott Brinkman

Jessica Cole headshot

Ms. Jessica Cole

Charlie Dahlem Headshot

Mr. Charlie Dahlem

Jill Force Headshot

Ms. Jill Force

Mark Nickel Headshot

Mr. Mark Nickel


Mr. Jake Smith

Ex Officio Directors
Dr. Kim Schatzel Headshot

Dr. Kim Schatzel

Ex Officio Director, UofL President
Keith Sherman headshot

Mr. Keith Sherman

Ex Officio Director, UofL Foundation Executive Director/COO
*Dan Durbin, UofL CFO, serves on the Property Committee