Louisiana
SRS Real Estate Facilitates $9M Sale of Gulf Coast Retail Property
SRS Real Estate Partners’ National Net Lease Group has arranged the $8.9 million sale of a 62,297-square-foot retail property occupied… Read more
Bally’s Acquisitions Expand its Footprint into Three States
Citizens M&A Advisory served as financial adviser to Bally’s Corporation on its acquisitions of MontBleu Resort Casino & Spa in… Read more
Wendy’s Used Cooking Oil Fries Up Cleaner Diesel
Wendy’s recently released Corporate Responsibility Report cites its partnership with DAR PRO Solutions, a Darling Ingredients brand, behind the ability… Read more
WNC Closes Its Largest Institutional LIHTC Fund to Date
WNC, based in Irvine, CA, announced today it has closed WNC Institutional Tax Credit Fund 50 LP (WNC Fund 50). The fund… Read more
COVID-19 Test Manufacturer Brings Twin Cities Park to Full Occupancy
New Orleans-based Sensiva Health LLC, a clinical testing, healthcare solutions company and maker of COVID-19 RT-PCR tests, leased 52,888 square… Read more
Federal Funds Advance $70B in Highway Improvements
State governments leveraged $29 billion in federal funds to advance $70 billion in highway improvements during fiscal year 2020, according… Read more
TexAmericas Responds to Increased Industrial Demand
As demand for office and retail commercial real estate spaces are at record lows during the pandemic, industrial space is… Read more
Morgan/Olayan Partnership Snares 14,000-Unit MF Portfolio
A partnership of Morgan Properties and Olayan America has acquired a portfolio of 48 apartment communities and 14,414 units in… Read more
Gen Z Renters Find a Home in Middle America
Bright lights, big city? No thanks, say Gen Z renters. The latest data from Yardi’s RentCafe show that small towns… Read more
BSR REIT Exits Beaumont Market with $44M Sale
BSR Real Estate Investment Trust sold West End Lodge in Beaumont, built in 2010 and comprising 360 apartment units, for… Read more
U.S. Jobless Claims Rise Amid Coronavirus Resurgence
The number of people filing initial jobless claims in the U.S. reversed course last week from a pattern it had… Read more
ExchangeRight Takes Another Net-Leased Portfolio Full Cycle
Pasadena-based ExchangeRight brought its Net-Leased Portfolio 13 DST portfolio full cycle, generating total returns of over 130% including return of… Read more
CushWake Brokers Sale of 330-Unit Apartment Community in Baton Rouge
Cushman & Wakefield has arranged the sale of Indigo Park, a 330-unit apartment community in Baton Rouge. The sales price… Read more
Institutional Investor Appetite Grows for Sound-Stage Assets
The public’s growing appetite for streaming video content, which has accelerated during the COVID-19 lockdowns, has ignited demand for sound-stage… Read more
U.S. Jobless Claims Drop, California Reports Largest Increase
The U.S. Labor Department reported on Thursday that the number of Americans filing initial claims for unemployment insurance dropped to… Read more
Capital Square Hires Nick Headley as Senior VP
Richmond-based national investment sponsor Capital Square has hired Nick Headley as senior vice president of central sales. In his new… Read more
Berkadia Arranges $46M Acquisition Financing for New Orleans MF Portfolio
Berkadia has secured $34.2 million in debt and sourced an equity partner in the amount of $11.2 million for the… Read more
Wolf, Lutz Launch New Resi Development Advisory Firm
Veteran development sales and marketing experts David Wolf and Christine Lutz launched Wolf Development Strategies, a full-service development advisory, marketing and sales firm for luxury residential developments across the… Read more
California Continues to Report “Outsized” Share of Jobless Claims
California’s unemployment claims rose to a total of 237,500 last week, the Labor department reported on Thursday. That reflects a… Read more