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Blighted Nursing Home to Become Low-Income Housing

Blighted Nursing Home to Become Low-Income Housing

Another Katrina-marred building might finally be returned to use, after developers of an efficiency apartment project received funding approval from the state Bond Commission…

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Whole Foods Market Opens in Mid-City

Whole Foods Market Opens in Mid-City

Whole Foods Market, the natural and organic food retailer, expanded its New Orleans presence by opening its location on the corner of Broad and Bienville streets…

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Kingfish Picks Up 133 KSF Kenner Office Building Near $826M Airport Expansion Site

Kingfish Picks Up 133 KSF Kenner Office Building Near $826M Airport Expansion Site

Kingfish Development II, LLC, a real estate management and development company focused on the Gulf South office market, has announced the purchase of the former Rault Office Building in Kenner, La. for an undisclosed sum.…

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MARKET SNAPSHOT: 2013 Tightens New Orleans Apartment Market, Projected Rent Growth for 2014

MARKET SNAPSHOT: 2013 Tightens New Orleans Apartment Market, Projected Rent Growth for 2014

The New Orleans apartment market concluded its second consecutive year of positive absorption, increasing 5.5 percent compared to 2012.…

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Circle Food Store, Magnolia Marketplace to Curb NOLA’s Retail Shortage

Circle Food Store, Magnolia Marketplace to Curb NOLA’s Retail Shortage

One of the most highly anticipated retail openings in the Crescent City, the second coming of the Circle Food Store in the Seventh Ward, was recently celebrated.…

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Astor Crowne Plaza Hotel Sold for $116M, While Royal St. Charles Goes for $10M

Astor Crowne Plaza Hotel Sold for $116M, While Royal St. Charles Goes for $10M

Two French Quarter hotels have been traded since 2014 kicked off, showing how sizzling hot the New Orleans hospitality market is.…

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Walker & Dunlop Arranges $43.5M Financing for Esplanade at City Park

Walker & Dunlop Arranges $43.5M Financing for Esplanade at City Park

Walker & Dunlop Inc. recently announced it provided $43.5 million for Esplanade at City Park, an apartment community located in New Orleans.…

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Stirling Properties Announces New Tenants, Expansions at Metro NOLA Developments

Stirling Properties Announces New Tenants, Expansions at Metro NOLA Developments

Joint venture partners Stirling Properties and CBL & Associates Properties, Inc. have announced four new tenants for Phase I of Fremaux Town center in Slidell, Louisiana.…

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Columbia Residential Opens $24M Luxury Seniors Housing

Columbia Residential Opens $24M Luxury Seniors Housing

Heritage Senior Residences at Columbia Parc, one of the most highly anticipated projects in New Orleans, has celebrated its grand opening in Gentilly, with the first residents expected to move in starting March 2014.…

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Tiffany’s, H&M Open in French Quarter

Tiffany’s, H&M Open in French Quarter

New Orleans, the city that not so long ago had one of the biggest shortages of retail in the nation, just keeps adding retail options. From big-box retailers such as Walmart to affordable fashion icon H&M to luxury retailers, such as Tiffany’s, everybody seems to want to set up shop…

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Housing Authority of New Orleans Seeks Affordable Housing Developers

Housing Authority of New Orleans Seeks Affordable Housing Developers

The Housing Authority of New Orleans’ (HANO) first attempt to scale down its small housing asset portfolio has proven successful, receiving bids on 95 of the 115 properties put up for sale in October…

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125-Unit Luxury High-Rise Revived; Six Flags Back on the Market

125-Unit Luxury High-Rise Revived; Six Flags Back on the Market

New Orleans’ booming economy and growing population has revived a project first proposed in 2005: Traçage, a $55 million luxury project set to rise in the Warehouse District, at 711 Tchoupitoulas Street.…

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