Business Briefs

Kentucky Select Properties Officially Moves Headquarters to Hilltop Theater

Kentucky Select Properties, the top-selling 100-percent locally-owned and independent residential real estate company in Louisville, officially opened its headquarters at the 113-year old Hilltop Theater building at 1757 Frankfort Ave. in the historic Clifton neighborhood. The move comes after a five-month renovation to create a state-of-the-art open workplace style concept that will encourage collaboration and better support the more mobile, fast-paced world of modern real estate.

The company is also leasing the building next door at 1749 Frankfort Ave. Between the two buildings, Kentucky Select will be utilizing approximately 7,000 square feet of office space. Their previous location at 2000 Warrington Way, near Holiday Manor Shopping Center, was 5,000 square feet in a traditional suburban office building. The new move adds about 40 percent more space plus two covered outdoor work areas.

“Since we were founded 15 years ago, we’ve sold so many incredible historic properties in Louisville from Portland to the Cherokee Triangle to Glenview. We are ardent believers in and defenders of historic preservation and we love historic neighborhoods like Clifton,” said Jay Gulick, Kentucky Select managing broker and partner. “They truly don’t build buildings like the Hilltop anymore – it has soul. It’s an honor to be the latest steward of this space.”

While many real estate companies locally and nationally are downsizing their office footprints or going completely virtual, Kentucky Select is doubling down on its work space as a competitive differentiator. The central gathering space makes it easier for agents to get to know each other as well as share relevant and timely information about client needs. It also allows Kentucky Select to leverage their collective experience and expertise to stay ahead of the curve when it comes to legal, contractual, regulatory, technological and marketing best practices in the industry. “Happy, engaged and well educated agents inspire a great customer experience and that’s our ultimate objective as a company,” said Gulick.

The new office is equipped with fast fiber internet and Wifi to work both inside and in the two covered outdoor areas. The bar from the Red Herring restaurant remains a key fixture as a place where agents can work on their laptops and use networked printers. The commercial kitchen was removed and replaced with a break room and two meeting rooms. The large, open space will house 10 desks for agents that need a quiet place to work. The second floor has semi-private offices with sliding glass “barn doors” for the leadership team and two connected hubs for the marketing and administrative teams. The smaller building at 1749 Frankfort Ave. was completely renovated to include space for office meetings and training sessions, a conference room, small kitchen, full bath and a storage area for signs.

Kentucky Select has grown its year-over-year sales volume every year since 2009, and 2018 was the best sales year in the history of the company. In 2018, Kentucky Select completed 792 residential real estate transactions worth more than $316 million. The company has seen a 45 percent increase in total sales over the past five years, going from $216 million in total sales volume in 2013 to $316 million last year. Kentucky Select currently has 89 agents and six administrative staff members.

Both buildings are owned and were meticulously renovated by Alexa Properties LLC and principal Mo Deljoo. The rear of the Hilltop building houses the offices of commercial real estate firm PRG Commercial Property Advisors. Kentucky Select was represented in the lease transaction by PRG’s Reed Weinberg and Taylor Thompson, while Alexa Properties was represented by PRG’s Tyler Smith.

Two Local Financial Firms Join Forces

ARGI and Stiles, Carter & Associates, CPAs, P.S.C., are pleased to announce a merger agreement, offering expanded financial services for the Central Kentucky region.

ARGI, a Louisville-based personal and business financial advisory firm, opened its doors in Elizabethtown in 2016 when hometown native, Jason Waters, CFP realized the need for holistic financial advisory services in a rapidly growing community. Since then, ARGI Elizabethtown has grown its client base and extended its staff by focusing on a comprehensive, goal-driven approach to financial advice.

While ARGI’s headquarters does provide tax and business services through its affiliates ARGI CPAs and Advisors, PLLC, and ARGI Business Services, LLC, Waters believes it is important to provide Central Kentucky clients with full access to all areas of financial services, specifically from a local resource.

For more than 40 years, Stiles, Carter has been providing tax and accounting services to clients in the Elizabethtown community. After a merger with Bardstown CPA firm, Blandford & McCubbins, CPA’s, PLLC in 2016, the firm extended its reach further into Central Kentucky.

“We are very excited to join ARGI and believe this relationship will bridge a gap for our clients, without having to sacrifice the level of service they have become accustomed to for the last 43 years. Over the past several months, Stiles, Carter and ARGI have built a relationship and discovered that we are more alike than we are different. The unity in belief systems, values and our company cultures will not only benefit our clients but our employees as well.” says Stiles, Carter & Associate’s CEO Chris Carter, CPA.

“We are looking forward to cultivating this partnership,” explains Jason Waters, CFP. “What started as a conversation over dinner has grown into an opportunity to provide expanded services, additional support and convenience for both company’s clients – we are better together than we are separate.”