Finance & Investment - New Orleans
-
Baton Rouge Properties Trade for $27M
Timberline Capital purchased Copper Ridge and Magnolia Trace, two properties in Louisiana totaling 559 units. Berkadia arranged acquisition financing on behalf of the buyer.
31 January 2019 08:55 -
Elevation Financial Sells Baton Rouge, LA, Community for $16M
Following the 2016 acquisition of the asset, Elevation invested $3.8 million in a thorough renovation which included the restoration of 160 units and rebuilding of 10 units.
29 January 2019 12:25 -
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.
24 July 2018 17:21 -
On the Market: 5 Interesting Listings for the Week of 6/18
This week's listings include an affordable community in Baton Rouge, La., and a Washington, D.C.-area property that recently received capital improvements.
22 June 2018 14:18 -
Sims Mortgage Obtains $26M HUD Loan for New Orleans Project
The proposed 178-unit community, Elan at Terra Bella, will be designed to meet green building standards, thus enabling a much lower mortgage insurance premium of .25 percent.
15 June 2018 19:46 -
Marcus & Millichap Capital Arranges $22M for New Orleans Property
Oakmont Apartments is a 336-unit garden-style community that includes a swimming pool, a sundeck and a tennis court.
02 May 2018 15:37 -
KeyBank Secures Financing for 2 Student Housing Assets
Trevor Ritter of Key’s Commercial Mortgage Group arranged the Freddie Mac loan for Oakbrook Apartments and Eagle Landing Apartments, totaling 384 units.
25 April 2018 14:36 -
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.
17 November 2017 14:14 -
AVR Realty Sells $250M Portfolio
El-Ad National Properties acquired the nine-property portfolio consisting of pet-friendly communities in Lafayette, Shreveport and Slidell, La., totaling 2,079 units.
26 July 2017 18:52 -
Dougherty Arranges Refi for Louisiana Community
The 17.6-year Fannie Mae loan originated by Dougherty’s Minneapolis office has a 30-year amortization schedule. The $1.3 million financing will be utilized to refinance an 80-unit residential property.
09 June 2017 13:56 -
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.
29 August 2016 12:15 -
Apartment Community near Big Easy Gets Financial Help
Ten years after Hurricane Katrina hit The City that Care Forgot, New Orlenas is well on its way to becoming one of the top urban centers in the U.S.—refinancing loan after refinancing loan.
14 August 2015 12:08 -
$35M Low-Income Seniors Housing Facility Opens in New Orleans High-Rise
The Housing Authority of New Orleans (HANO) recently provided important updates on the efforts being made to provide safe, affordable and equitable housing to the residents of New Orleans, especially in the context of rebuilding after Hurricane Katrina.
21 September 2014 05:42 -
$1.2B Huey P. Long Bridge Widening to Usher in New Development in Greater New Orleans
One of the biggest and most ambitious projects in the Greater New Orleans area, as well as the State of Louisiana has now completed.
25 June 2013 13:28 -
1.2 MSF Office Complex Sold In Metairie
One of Louisiana’s biggest office complexes has just sold. The three-tower Lakeway Center, in Metairie, suburban New Orleans was purchased by New York-based The Feil Organization for an undisclosed amount.
17 June 2013 14:13