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LOUISVILLE—Iron Hound Management Company, LLC, a real estate adviser which specializes in commercial loan restructuring, has just restructured the $9.5 million mezzanine debt on the AEGON Center at 400 W. Market St. in Louisville, on behalf of sponsors Mark Karasick and Victor Gerstein, according to Robert Verrone, a principal of Iron Hound. The modification will subordinate a portion of the debt to the sponsor’s new equity, extend the loan term and reduce the interest rate on the loan.

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