Market Rate Housing - New Orleans
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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 -
Carter Multifamily Invests $29M in Suburban New Orleans
The company will implement a thorough renovation project at the community, which is situated in one of the metro's top performing school districts.
17 October 2018 18:18 -
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 7/9
This week's listings include a newly renovated historic asset in Baltimore that benefits from a CHAP credit, an age-restricted, fully affordable community in Baton Rouge, La., and more.
13 July 2018 15:38 -
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 -
Berkadia Facilitates $56M Portfolio Sale in New Orleans
The two communities are located within three miles of one another, just south of downtown New Orleans and the French Quarter.
15 June 2018 19:03 -
Audubon Communities Grabs New Orleans Portfolio
The new owner plans to invest more than $4 million in upgrades on the four properties, which opened between 1969 and 1974.
26 February 2018 13:59 -
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 Mortgage Closes $29M Loan for New Orleans Community
Dougherty Mortgage recently closed a $29 million refinancing loan for Calypso Bay, a 280-unit multifamily community in NOLA.
05 April 2016 13:38 -
The Paramount Starts Pre-Leasing; Market-Rate French Quarter Apartments Announced
By Eliza Theiss, Associate Editor Yet another apartment project has been announced for New Orleans’ highly desirable historic downtown core, but unlike most French Quarter developments, this residential project will feature market-rate residences instead of luxury units, reports Canal Street Beat. The 89-unit development is helmed by French Quarter Apartments LP, an entity that consists [...]
14 September 2014 05:55 -
Starwood Announces Addition of Aloft Brand in CBD Adaptive-Reuse Project
Starwood Hotels & Resorts Worldwide, Inc. has announced it will be opening a 188-key Aloft hotel in the New Orleans Central Business District, converting a historic office building.
10 March 2014 21:07 -
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.
30 December 2013 06:44 -
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.
10 December 2013 09:54