Multifamily news in Development - New Orleans
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Luxury High-Rise Opens in New Orleans
Provident Realty Advisors has tapped CF Real Estate Services to manage the 330-unit community near the French Quarter.
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New Orleans Project Completes Transformation
The development was flooded by Hurricane Katrina and later revamped into a mixed-use, mixed-income property.
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Domain Cos. Breaks Ground on 29-Story Tower in New Orleans
The developer tapped several financing partners for the $106 million investment. The project joins the company's four other completed communities within the South Market development.
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CBRE Secures $29M for Baton Rouge Community
The bridge loan will allow the borrowers to complete construction on River House Apartments, a 244-unit community with retail and office space, adjacent to the the Water Campus research park.
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Top 10 Markets for Occupancy Growth
Despite unfavorable conditions, certain areas are deviating from the national trend and have seen an increase. Here is a list of the 10 markets with the greatest year-over-year growth in occupancy as of April 2017.
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Domain Starts Condos in Crescent City
Domain Cos. is developing a high-end condominium project in the South Market neighborhood of downtown New Orleans.
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Bellwether Enterprise Closes $31M Loan for Affordable Housing in New Orleans
Village of Versailles will feature 400 affordable units by the end of 2017, restoring some of the housing stock lost during Hurricane Katrina.
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Preston Hollow Capital Provides Loan for Senior Community in Louisiana
Preston Hollow Capital with the Louisiana Public Facilities Authority completed a loan worth nearly $30 million for the assisted living and memory care facility Inspired Living at Kenner.
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Corporate Expansion Brings Job Growth to Metro NOLA
Payroll-services company Netchex will be growing Greater New Orleans’ job base, the company announced, adding 240 new direct jobs at its Mandeville, La. corporate headquarters in St. Tammany Parish and investing $5.3 million.
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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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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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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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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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Massive New Orleans Auction Includes Hundreds of Apartment Units
Looking for a strip mall? A CBD condo? A fourplex? Or maybe a 344-unit apartment complex? If the answer is yes, save the date: November 21st.
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Northview Purchases Queen and Crescent Hotel in CBD, Plans to Renovate
Northview Hotel Group, headquartered in Westport, CT has announced the purchase of the Queen and Crescent Hotel, a 196-key asset in the New Orleans CBD, located just outside the French Quarter.