Multifamily news in Operations - New Orleans
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Kingfish Picks Up 133 KSF Kenner Office Building Near $826M Airport Expansion Site
Kingfish Development II, LLC, a real estate management and development company focused on the Gulf South office market, has announced the purchase of the former Rault Office Building in Kenner, La. for an undisclosed sum.
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Circle Food Store, Magnolia Marketplace to Curb NOLA’s Retail Shortage
One of the most highly anticipated retail openings in the Crescent City, the second coming of the Circle Food Store in the Seventh Ward, was recently celebrated.
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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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Massive New Orleans Auction Includes Hundreds of Apartment Units
Looking for a strip mall? A CBD condo? A fourplex? Or maybe a 344-unit apartment complex? If the answer is yes, save the date: November 21st.
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Northview Purchases Queen and Crescent Hotel in CBD, Plans to Renovate
Northview Hotel Group, headquartered in Westport, CT has announced the purchase of the Queen and Crescent Hotel, a 196-key asset in the New Orleans CBD, located just outside the French Quarter.
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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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Affordable Public Housing Breaks Ground at Katrina-Marred Site
This week marked the start of yet another project that will erase some of the damage left behind by Hurricane Katrina.
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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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$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.
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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.
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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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Chesapeake Lodging Pays $65M for Second W Acquisition in April
Annapolis, Md.-based Chesapeake Lodging has announced the acquisition of the 410-key W New Orleans from Starwood Hotels & Resorts Worldwide, Inc for $65 million.
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Dr. Martin Luther King Jr. Charter School for Science, Technology Goes Solar
Fortune 300-company NRG Energy, Inc. has announced dedicating a solar photovoltaic installation and opening the NRG Playground at the Dr. Martin Luther King, Jr. Charter School for Science and Technology in New Orleans.
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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.