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NOLA City Council, NORA Put Thousands of Properties on Auction Block

NOLA City Council, NORA Put Thousands of Properties on Auction Block

The City of New Orleans has announced it has started work on putting approximately 3,000 tax-adjudicated properties up for sale.…

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Whole Foods to Open 30 KSF Mandeville Location; St. Rock Market Targets April Opening

Whole Foods to Open 30 KSF Mandeville Location; St. Rock Market Targets April Opening

Mandeville residents that have been campaigning for a Whole Foods location can finally celebrate.…

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NorthMarq Refinances Five Bruno Apartment Communities

NorthMarq Refinances Five Bruno Apartment Communities

NorthMarq Capital’s Miami office has arranged refinancing for a New Orleans multifamily portfolio owned by Bruno, Inc. through its affiliation with a Fannie Mae – DUS lender, the company announced.…

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Walton Street Capital, New Castle Hotels & Resorts Buy Downtown Hotels

Walton Street Capital, New Castle Hotels & Resorts Buy Downtown Hotels

As Mardi Gras continues to rage on in New Orleans, the city’s hospitality market is also having a blast, outpacing the national occupancy and RevPar average.…

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Blackstone Buys Three Hotels, Parking Garage for $76M

Blackstone Buys Three Hotels, Parking Garage for $76M

Global investment and advisory firm The Blackstone Group has invested $75.7 million in New Orleans’ real estate, picking up three centrally-located hotel properties and a parking facility…

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Bruno Picks Up Algiers Commercial Centers, Plans Further Development

Bruno Picks Up Algiers Commercial Centers, Plans Further Development

Joshua Bruno has been making quite the splash in the New Orleans real estate market, with a special focus on the Algiers submarket, snapping up several properties in late 2014.…

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Bruno Acquisition, Upgrade of Oakmont Apartments Worth $24M

Bruno Acquisition, Upgrade of Oakmont Apartments Worth $24M

New Orleans-based Bruno, Inc. has acquired Oakmont – New Orleans, a 336-unit apartment community in Algiers, located just minutes from New Orleans’ booming downtown…

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410-Key Le Méridien New Orleans Debuts $29M Renovation

410-Key Le Méridien New Orleans Debuts $29M Renovation

The Paris-born Le Méridien hotel brand has debuted in New Orleans, one of the hottest U.S. hospitality markets with the launch of Le Méridien New Orleans.…

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Marriott Debuts New Brand with 220-Key AC Hotel New Orleans Bourbon

Marriott Debuts New Brand with 220-Key AC Hotel New Orleans Bourbon

Global hospitality giant Marriott International, Inc. has officially debuted the AC Hotels by Marriott brand in North America with the opening of the 220-key AC Hotel New Orleans Bourbon.…

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165-Key Warehouse District Hotel Rebrands, Starts $14M Reno

165-Key Warehouse District Hotel Rebrands, Starts $14M Reno

It looks like things are going to heat up even more for the Big Easy’s tourism industry.…

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South Market’s $40M The Beacon Secures Financing, Begins Preleasing

South Market’s $40M The Beacon Secures Financing, Begins Preleasing

New Orleans- and New York-based The Domain Companies has announced securing financing for the $40 million The Beacon, the 126-unit third phase of the $250 million South Market District, the transformative mixed-use development under way in downtown New Orleans.…

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285-Key Loews New Orleans Completes $4M Update; 106-Key Pontchartrain Hotel Embarks on $10M Remodel

285-Key Loews New Orleans Completes $4M Update; 106-Key Pontchartrain Hotel Embarks on $10M Remodel

The 285-key Loews New Orleans, a landmark downtown New Orleans hotel has announced completing a $4 million renovation.…

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