10 Aug Parc Fontaine Apartments sold for 33 million
A weekly update on the commercial real estate landscape of New Orleans. Twelve commercial sales closed across New Orleans and surrounding markets the week of August 10, 2026, totaling $38.7M in disclosed volume. The headline deal: Mary Fund Parc LLC, a Connecticut-based company, paid $33M ($47,009/unit) for The Parc Fontaine Apartments, a 702-unit multifamily property. Institutional capital dominated the week, with...