Multifamily news in New Orleans
-
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.
12 June 2017 15:33 -
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 -
Domain Starts Condos in Crescent City
Domain Cos. is developing a high-end condominium project in the South Market neighborhood of downtown New Orleans.
31 August 2016 19:49 -
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 -
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 -
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.
14 January 2016 10:35 -
Cotton Exchange Takes a Trip to New Orleans
Cotton Exchange Investment Properties LLC announced the acquisition of the AC Hotel New Orleans Bourbon/French Quarter Area.
25 September 2015 13:12 -
Carlson Hotel Opens in New Orleans
A brand new Country Inn & Suites By Carlson hotel opened in New Orleans. The Country Inn & Suites By Carlson, Slidell-New Orleans East will offer 75 guest rooms with a variety of suites and configurations.
15 September 2015 15:11 -
Formosa Eyes St. James Parish for $9.4 Billion Industrial Complex
Formosa Petrochemical Corp. eyes St. James Parish for a future industrial development that would boost Louisiana’s economy with thousands of jobs.
09 September 2015 11:02 -
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 -
New Flagship Development – French Quarter to City Park Connector
As The City That Care Forgot approaches the fatidic date ten years ago when Hurricane Katrina left it 80 percent flooded, a nine-acre plot sale stands as sign of new development.
08 July 2015 14:40 -
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.
23 June 2015 18:52 -
Ashford Trust Launches Key Money in NOLA
Ashford Hospitality Trust, Inc. (Ashford Trust) has debuted its recently announced key money concept, with the acquisition of a New Orleans luxury hotel.
17 June 2015 02:53 -
Lower Ninth Welcomes New Community Center
New Orleans’ historic Lower Ninth Ward has recently celebrated a major milestone towards recovery with the inauguration of a new community center that will offer services and activities throughout the age spectrum of Lower Ninth residents
11 June 2015 14:22 -
Housing Authority of New Orleans Anniversary Highlights
As the Housing Authority of New Orleans (HANO) celebrates its one year anniversary of returning to local control, we take a look at some of the highlight achievements of the agency in the past year.
27 May 2015 14:22