Finance & Investment - New Orleans
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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 -
FEMA Funds New Orleans SPCA Facility with $8M
By Eliza Theiss, Associate Editor The Federal Emergency Management Agency (FEMA) has announced close to $8 million in consolidated funding to the Louisiana Society for the Prevention of Cruelty to Animals (SPCA) for a new animal control facility. The old Louisiana SPCA center was located at 1319 Japonica St. and sustained extensive damage during Katrina. [...]
08 June 2012 15:16 -
Slidell Memorial Hospital Expands Cardiology, ER Units
By Eliza Theiss, Associate Editor Slidell Memorial Hospital broke ground on its much needed new wing Tuesday. The community hospital has been struggling for some time now because of space shortages and increasing numbers of patients. The Times-Picayune reports that the number of patients treated in 2010 at Slidell Memorial was 3,500 more than it [...]
03 June 2012 05:40 -
Dyno Nobel Considering $800M Plant in Jefferson Parish
By Eliza Theiss, Associate Editor Dyno Nobel International, the Utah-based explosives and chemical products manufacturer, is to spend $30 million on a comprehensive study regarding the feasibility of establishing an $800 million ammonia production factory on a brownfield site in Jefferson Parish, reports Area Development Online. If the study yields a positive result, the facility [...]
28 May 2012 04:54