New Orleans
Blighted Nursing Home to Become Low-Income Housing
Another Katrina-marred building might finally be returned to use, after developers of an efficiency apartment project received funding approval from the state Bond Commission
Whole Foods Market Opens in Mid-City
Whole Foods Market, the natural and organic food retailer, expanded its New Orleans presence by opening its location on the corner of Broad and Bienville streets
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.
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.
Astor Crowne Plaza Hotel Sold for $116M, While Royal St. Charles Goes for $10M
Two French Quarter hotels have been traded since 2014 kicked off, showing how sizzling hot the New Orleans hospitality market is.
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.
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.
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.
Tiffany’s, H&M Open in French Quarter
New Orleans, the city that not so long ago had one of the biggest shortages of retail in the nation, just keeps adding retail options. From big-box retailers such as Walmart to affordable fashion icon H&M to luxury retailers, such as Tiffany’s, everybody seems to want to set up shop in the Big Easy
Housing Authority of New Orleans Seeks Affordable Housing Developers
The Housing Authority of New Orleans’ (HANO) first attempt to scale down its small housing asset portfolio has proven successful, receiving bids on 95 of the 115 properties put up for sale in October