Rebuilding Multifamily — New Orleans keeps this sector alive as brokers piece together the city.
“While some commercial real estate professionals have no problem finding properties to market, in New Orleans, many are trying to rebuild what they used to have.
Private Money Fuels Apartment Recovery
“Well-financed private investors are pumping millions of dollars into renovating flood-ravaged New Orleans apartment complexes and, in a race to get their units on the market, are moving at a much faster pace than…
Nothing Easy about Rebuilding New Orleans
“Robert Greer has been through more than a year of frustration and it’s not over yet. The president of Michaels Development Co. has spent months…
Rental Assistance
“One developer plans to convert the old Falstaff brewery on Tulane Avenue into a mixed-income community with 156 apartments. Another wants to turn a downtown…
Many Apartments Slated for Comeback
“Many of the large apartment complexes in eastern New Orleans are slated for complete renovation, a sign…
Esplanade sells for $46 million
“The first of what could be $750 million in investment in as many as 10,000 rental units…
Plots & Ploys
“In a sign of New Orleans’ housing shortage, a 443-unit apartment complex has netted $46 million…
California Company Buys Regency Club Apartments
“The Regency Club apartments on Southfork Drive near South Sherwood Forest Boulevard changed hands Thursday for $20.7 million, an agent involved in the sale said. The 312-unit complex…
Esplanade at City Park Goes for $46M, said Top Louisiana Multi-family Sale Ever
“New Orleans’ Esplanade City Park has sold for $46 million, reportedly the biggest multi-family deal in Louisiana history. The deal…
Attention Shoppers: You Can Live at Target
“Tenants looking for professional office space or even apartments often say they want ample parking, nice views and close access to ships and restaurants. So why not…