Multifamily news in Marketing - New Orleans
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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
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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Techno Bonanza in Mid-City Apartments
A curiously named new project is about to hit the New Orleans apartment market. Dubbed Mid City iLofts, the boutique apartment project has started leasing recently.
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Stirling Celebrates Launch of 108 KSF Mid-City Market
Louisiana-based Stirling Properties has celebrated the grand opening of Mid-City Market, an urban infill shopping center located on the corner of North Carrollton Avenue and Bienvielle Street in the historic New Orleans neighborhood of Mid-City.
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Recently Sold W Will Become First Le Méridien in NOLA
Just a month after its sale, there are more changes coming to W New Orleans. The hotel, the second W-branded property operated by Starwood Hotels & Resorts Worldwide, Inc. in the Crescent City will be converted into a Le Méridien property, in a bid to launch the Paris-born brand in
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Stirling Properties Takes Big Bite of Greater New Orleans Retail Market
Covington, LA-based Stirling Properties, a diversified full-service commercial real estate company, has announced entering a 35/65 joint venture with Chattanooga, TN-based CBL & Associates Properties, Inc. to develop Fremaux Town Center in Slidell, Louisiana.
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$60 M Mixed-Use Redevelopment Project Almost Completed
The nationwide trend of downtown apartment living has not eluded The Big Easy. New Orleans’ downtown population is currently around the 5,000 mark – double what it was five years ago.
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Louisiana Housing Corp. Opens 224-Unit Senior Living Center
By Eliza Theiss, Associate Editor New Orleans’ newest seniors housing community, the 224-unit Village de Jardin targeting residents 55 and older, has announced an opening date of Aug. 14, reported New Orleans CityBusiness. Located at 8801 Lake Forest Blvd. in eastern New Orleans, the senior living community has been developed on the site of the [...]
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Bourbon Orleans Hotel Completes Extensive Makeover
By Amalia Otet, Associate Editor The Bourbon Orleans Hotel has recently gone through an extensive, multimillion-dollar renovation comprising all of the hotel’s 218 luxury guestrooms and 28 distinctive balcony suites. “The substantial improvements to guest rooms and bathrooms have continued the upgrade [...]
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Jax Brewery Destined for Major Makeover; Stirling Expands in Shreveport
By Amalia Otet, Associate Editor Jax Brewery in New Orleans is due for a major makeover this spring. Developers Earl Weber and Kenny Lobell are currently working on a reconstruction project that will add 11 new luxury apartments on the second and [...]
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Saenger Theater Restoration, Lambeth House Wellness Center to Commence
By Amalia Otet, Associate Editor New Orleans city officials plan to kick off the Saenger Theater renovations this month. The project costs initially estimated at $39 million have escalated since 2009, when the restoration was first announced, and the project now [...]
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Plaza Tower to Become M-U Community; Stirling to Break Ground in St. Tammany
By Amalia Otet, Associate Editor The long-vacant Plaza Tower, third-tallest building in both New Orleans and the state of Louisiana, recently sold for $650,000 to a local commercial real estate manager at a private auction. The sale was conducted by a [...]
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Development, Redevelopment Projects Move Forward in Metro Area
By Amalia Otet, Associate Editor Poydras Home, a nonprofit retirement community serving greater New Orleans, recently announced plans to break ground on a new assisted living residence Uptown in January 2012. The Poydras community sits on a three-and-a-half acre site at Magazine [...]
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Partnership to Redevelop Hibernia Bank Building as Mixed-Use
By Amalia Otet, Associate Editor HRI Properties and Woodward Interest have secured financing for the conversion of the Hibernia Bank Building downtown into a mixed-used complex. The $57.3 million redevelopment project will include 175 luxury apartments and two floors of Class A [...]
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Century-Old Marigny Building to Convert to M-U Apartments
By Amalia Otet, Associate Editor Julian Doerr Mutter, president & CEO of Doerr Furniture, recently announced plans to redevelop the three-story brick building at 511 Marigny St. and transform it into 48 apartments with commercial space on the ground floor. Built in [...]