// Article originally appeared in New Orleans City Business on July 24, 2023 Last week, permits were granted with regards to HVAC units at 420 Julia Street. Constructed in the 1880s, the former site of the Louisiana Children’s Museum was sold in 2019 to Nashville-based developer AJ Capital. Rumors about programming and use have swirled since the transaction took place, with...
The July 24, 2023 issue covers one commercial sale recorded across Lafayette the previous week. The headline deal: CLOTEAUX PROPERTIES LLC, a local investor, bought 2.1+ acres off Johnston Street between the Best Buy and the Acadiana Mall. The land purchase was the only sale recorded that week....
The July 24, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: Huntington Park 23 LLC, a Northeastern-based investor, bought the Huntington Park apartments at 7019 Crowder Boulevard in the Little Woods area. Retail led the week with five of the nine sales, while an investor bought 1.5-plus acres with...
The July 24, 2023 issue covers three commercial sales recorded across Baton Rouge the previous week. The headline deal: The Heights at Picardy LLC, for Hammond-based multifamily development firm The STOA Group, bought more than six acres on Picardy Avenue. The other two sales were offices: a Creekstone Office Park building on Lake Sherwood Avenue North bought by a Metairie-based...
The July 17, 2023 issue covers seven commercial sales recorded across Lafayette the previous week. The headline deal: ACADIA BEND LLC, an Alabama-based entity, bought The Axis Lafayette apartment complex on Theater Street near Cajun Field. Multifamily and land each made up two of the seven sales, while a retail condominium unit in the Parc Lafayette complex sold and a...
The July 17, 2023 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: SHREE MAA AMBE LLC bought the Travelodge Hotel at 2200 Westbank Expressway in West Harvey. Retail led the week with five of the eleven sales, including two car wash properties in Harvey and Gretna bought by California-based FCPT...
The July 17, 2023 issue covers eleven commercial sales recorded across Baton Rouge the previous week. The headline deal: LMP Baton Rouge Property Owner LLC, for Georgia-based multifamily investment firm Landmark Properties, bought The Lodges at 777, a 382-unit apartment complex on Ben Hur Road near LSU's campus. Multifamily and retail led with three sales each, including the eight-unit Reeves...
// Article originally appeared in New Orleans City Business on July 10, 2023 Prior to the Fourth of July holiday, permits were issued to 921 Canal Street for continuing renovations to guestrooms, corridors, and a lounge area refresh. With a planned completion for late 2023, these upgrades are the latest in a slew of upgrades being performed at the Ritz-Carlton. In...
The July 10, 2023 issue covers nine commercial sales recorded across Lafayette the previous week. The headline deal: JCD FAMILY PROPERTY HOLDINGS LLC and BILLET LLC, Lafayette investors, bought an office building on South College Road. Multifamily led the week with three of the nine sales, including The Pines Apartments in Broussard, bought by TROYANOWSKI PROPERTIES LLC, while three downtown...
The July 10, 2023 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: JEFFERSON PARISH EMPLOYEES FEDERAL CREDIT UNION bought nearly an acre of vacant commercial land at 1090 Elmwood Park Boulevard in the Elmwood Industrial Park area. Land, multifamily and office led the week with three sales each, while a...
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