Louisiana
Faris Lee Investments, SRSA Commercial Real Estate Complete $31M Sale of New Orleans Whole Foods
Faris Lee Investments and SRSA Commercial Real Estate have completed the $31.4-million sale of a single-tenant net-leased Whole Foods on… Read more
Feil Organization Names Head of Commercial Leasing
Veteran commercial real estate executive Andrew Wiener has been named head of commercial leasing at The Feil Organization. Wiener will… Read more
Routh Group Gambles on $31M Shopping Center Near Louisiana Casinos
The Routh Group has completed the $30.5-million purchase of Louisiana Boardwalk, a 560,343-square-foot, value-add entertainment and shopping development located in… Read more
Slew of Commercial Properties in New Orleans Go Up for Grabs on August 22
The New Orleans Redevelopment Authority will be conducting an online-only auction sale of 25 commercial lots and 90 residential lots… Read more
Forward Purchase Upon Completion Yields Arch Street 1M-SF Industrial Asset near New Orleans
Arch Street Capital Advisors, LLC, has acquired a single-tenant, build-to-suit, industrial asset in a master planned business park within the… Read more
More Homes at Potential Risk During 2022 Hurricane Season
When Hurricane Ida roared ashore in August 2021 as a Category 4 hurricane, the storm left behind property damage in… Read more
First-to-Market Outlet Shopping Center in New Orleans Sells for $34M
The Howard Hughes Corporation has sold The Outlet Collection at Riverwalk, an urban outlet center in New Orleans, LA, to… Read more
$84M Gets Six Single-Tenant Net-Leased Walmart Markets in Louisiana
JRW Realty has facilitated the acquisition of six Walmart Neighborhood Markets in LA on behalf of its client for a… Read more
JRW Realty Facilitates $84M Sale of Six Southern Walmarts
Net-Lease Specialist and Pasadena-based JRW Realty has arranged the acquisition of six Walmart Neighborhood Markets in Louisiana for $84 million.… Read more
898-Bedroom Student Housing Near LSU Matriculates to New Ownership
Naples, FL-based Halstatt Real Estate Partners has sold The Legacy at Baton Rouge, a purpose-built student housing complex located near… Read more
Passco Acquires Luxury Multifamily Communities in New Orleans, Baton Rouge
Passco Companies has acquired two multifamily communities in LA, bringing the company’s holdings in the state to 1,690 units. According… Read more
Benchmark Pyramid to Acquire Portland, OR-Based Provenance Hotels
Benchmark Pyramid and Provenance Hotels said Monday they had signed a definitive agreement under which Benchmark Pyramid will acquire Portland, OR-based Provenance. The… Read more
St. John Properties Dashes to Deliver 16 Fresh CRE Properties in DC Region
Baltimore, MD-based St. John Properties, Inc., projects to deliver 16 buildings totaling over 660,000 square feet of Class ‘A’ commercial… Read more
Cambria Hotels Continues Texas Expansion With New Hotel in Austin
Franchised by Choice Hotels International, Inc., the Cambria brand continues to expand in Texas with the new opening of the… Read more
Summit Acquires New Orleans Hotel for $56M, Completes $822M Portfolio Deal
Summit Hotel Properties, Inc., has acquired the 176-room Canopy by Hilton New Orleans Downtown for $56 million through its joint… Read more
WNC Secures $192M for 16-State Affordable-Housing Fund
Here’s some recent affordable-housing math from WNC: 10 investors + 24 properties (across 16 states) + an Institutional Tax Credit… Read more
KeyBank, AMA Arranges $403M Financing for Campus Apartments
KeyBank Real Estate Capital and AMA Financial collectively secured $402.6 million in Fannie Mae, Freddie Mac, and balance sheet financing… Read more
February Construction Starts Continue Robust, Year-to-Date Up 14%
Total construction starts rose 9% in February to a seasonally adjusted annual rate of $1.013 trillion, according to Dodge Construction… Read more
New Orleans $5M Shelter Opens Doors When $750K AHP Boost Closes Funding Gap
Fifth District Savings Bank and Federal Home Loan Bank of Dallas were special guests at the grand opening of a… Read more