New Orleans Multifamily Market
Although it has been a little more than three years since Hurricane Katrina hit and a little more than a month since the threat of Hurricane Gustov, the metro New Orleans apartment market has seen a decade of strides in the new development and re-development of our multifamily market.
East N.O. apartment construction surges
“While the national credit crunch has slowed pace of apartment construction in New Orleans, new drywall is still going up in the city’s eastern region
Private Housing Initiative in New Orleans
“With low-income tax-credit projects in New Orleans just cranking up, entrepreneurial developers have been investing to buy and rebuild nearly 4,000 destroyed units in the eastern part of the city
Battle in the Bayou: More Efforts to Save New Orleans Public Housing
“As Larry Schedler, a longtime New Orleans real estate broker and resident, tells it, the scene resembled something from the ’60s.
Apartment Rates Reach Calm After Storm
“The report, by Larry G. Schedler & Associates, Multi-family Advisory Group and Madderra & Cazalot, documented what has been apparent to aggrieved renters for two years.
Rising Rents —Insurance, operating costs force higher apartment fees
“David Abbenante, director of property management for HRI Properties, said every apartment owner would be glad to return rents to pre-Hurricane Katrina levels — if guaranteed pre-storm operating expenses.
In New Orleans, a Test of Mixed Income Housing
“Despite the havoc wrought by Hurricane Katrina around this city, one slice of the housing market is showing resurgence.
Space Crunch
“In a city facing one of the most profound real estate challenges in modern history, the opportunities and impasses seem to…
Apartment Rebound
“Amid a tough financing and insurance environment, developers are using their own resources to reopen N.O. complexes.
Doing the Second-Line Boogie
“Phenomenal rent growth and low vacancies make New orleans a market worthy of a parasol-twirling parade.