The Pulse NOLA: Canal Street hotel sold to Atlanta investor

24 Oct The Pulse NOLA: Canal Street hotel sold to Atlanta investor

Posted at 09:32h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans.

Commercial Sales Recorded Last Week

6201, 6207, 6211-6215 Franklin Ave, 2617 Allen Toussaint Blvd, New Orleans, LA 70122

Type: Retail
Price: $560,000 ($280,000 / Unit)
Buyer: FRANKLIN SB LLC
Elifin’s Notes: A two-unit retail property made up of 6,898 sq ft in usable space sitting on 0.5 acres in the Milneburg area has sold to a local investment group

1208, 1300 Canal Street

Type: Hospitality
Price: Withheld
Buyer: NF V NOLA LLC
Elifin’s Notes: The Hotel Vinache property with 153 units and adjacent parking lot parcel along Canal Street in the Storyville area has sold to an Atlanta based investment firm for an undisclosed amount

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
6600 Franklin Ave	New Construction $8,213,500	Building permits – for a multi story, storage facility	[O] Rouse Land Company LLC [A] VRE Storage New Orleans, LLC [C]
1 Drexel Dr	Electrical Repair / Replacement / Addition $1,459,600	The project is an interior renovation to a series of interconnected 3-story historic buildings on the Xavier University Campus with a type (b) business occupancy. The building construction type varies between IIB & IIIB. Intended work to be performed is an upgrade to the buildings mechanical systems with modifications to select ceilings within interior spaces, as well as the installation of a new fire sprinkler system. This project is related to a previously filed exterior renovation permit listed in the applicationRenovations odf Admin. Building including electrical work.	[O] Xavier University of Louisiana [A] Blanchard Timothy [C] Blanchard Timothy
3440 S Carrollton Ave Bldg A	Renovation (Structural) $406,400	This is a structural repair permit. Fire damage occurred in April 2022 and plans submitted are for emergency repairs to the 2nd floor structural framing due to fire damage, and building envelope has been compromised due to warped roof panels and wall panels from heat exposure.	[O] Public Storageinc [A] Johann Palacios [C] Johann Palacios, Mapp Construction LLC
601 Poydras St Ste 1700	Renovation (Non-Structural) $401,517	Interior renovation to include the demolition of interior walls and components and new construction of walls, millwork, and finishes.	[O] Stirling 601 Poydras LLC, Pan American Lifeinsurance C [A] Greenleaf Lawson Architects [C] Pangea Construction LLC
201 St Charles Ave	Renovation (Non-Structural) $380,505	Re-roofing Second Floor Food Court	[O] 201 St Charles Place LLC [A] Sandra Menner [C] Bell Roofing Co Inc
8406 Palmetto St	Renovation (Non-Structural) $295,828	Detach solar panels. Complete re-roof asphalt comp. shingles. Reattach solar panels	[O] Cypress Manor 1 Limited Partnership [A] Michele Arauz Castillo [C] Beinert Roofing Commercial Division LLC
423 Bourbon St	Renovation (Non-Structural) $280,000	Removal of existing roof slates and underlayment and install new underlayment and roof slates, inspect for any wood damage to the wood decking and replaced as needed. This process will need special equipment to lift materials and may possible need road traffic detail. Copper Flashings to be inspect and replaced as needed.	[O] Hunter Properties LLC [A] Ryan Albarado [C] La Best
1430 Annunciation St	Renovation (Structural) $248,160	Framing Repairs for building 5 at The Saulet Apartments	[O] Saulet Apts LLC [A] Camp Construction Services [C] Camp Construction Services
4206 Magazine St	Renovation (Non-Structural) $220,000	Renovation of old restaurant to new. Interior scope of work consists of reconfigured main bar, modified kitchen and updated ADA bathroom. Exterior consists of accessory canopy.	[O] 4206 Magazine Street LLC [A] Seamus McGuire [C] NFT GROUP, LLC
1009 Elysian Fields Ave Ste C	Renovation (Non-Structural) $211,842	The scope of work consists of whiteboxe within an existing building for a future tenant. Suite C only. The whitebox includes new interior partitions, new concrete slab, MEP rough-ins, and the installation of RTUs as indicated in permit set.	[O] St Claude Holdings LLC [A] Daniel Ferg [C] Ryan Gootee General Contractors
1100 Girod St, suite 101	Mechanical Fuel Gas $192,000	Install new gas line and hook up new kitchen equipment	[O] South Market District LLC, Idb – South Market District A1 Residential LLC, Idb – South Market District A1 Commercial LLC [A] Christopher R Burst [C] JOS R LABADOT Inc
7200 S Claiborne Ave -Apt 2B	Renovation (Non-Structural) $191,247	Renovation of 4 unit multifamily property with basement. Replacement of electrical, plumbing, HVAC and roof. Layout to stay the same. No structural changes will be made. Install drywall, trim, repair flooring and windows, install new cabinets and counters along with all electrical and plumbing fixtures.	[O] Broadway Street Holdings LLC [A] Melissa Shafirovich [C] Cypress Coast Concepts LLC
3019 Canal St	Moving Equipment $189,365	Elevator Modernization	[O] Orleans Parish School Board [A] A-1 Elevator Service LLC [C] A-1 Elevator Service LLC
715 Bourbon St, 717 Bourbon	Renovation (Non-Structural) $157,653	715, 717, 719 New slate roofs, new flat roof, replace rotted handrail and bottom of one second floor post, repair damaged door panel, paint exterior, remove and replace the 2×12 and cove molding at the gutters	[O] 715-17-19 Bourbon Street LLC [A] Sean King [C] King Construction Services
1434 N Rampart St	Renovation (Non-Structural) $125,880	The renovation to a two story building at 1434 N. Rampart Street, New Orleans . The previous use of the building was believe to be a automotive upholstery shop, and then later becoming a medical center. The building has been vacant for 20 years and the proposed use would be a Art studio and Gallery, with an office on the ground floor. The building is located in the Historic Marigny/Treme/Bywater Commercial Districts/HMC-2, which permits the use of an Art Studio, Gallery, and Office under section 10.2.A in the New Orleans Comprehensive Zoning Ordinance.	[O] Mantua LLC [A] Miwako Hattori [C]
2856 S Claiborne Ave	Renovation (Structural) $105,858	Interior remodel to existing McDonald’s	[O] Mc Donald’s Corp [A] Rios Jasmine [C]
1036 Broadway St	Mechanical HVAC $96,930	Furnish and Install HVAC Equipment and Rough In	[O] Administrators of The Tulane Educ Fund [A] Ryan Michael Jaeger [C] Ryan Michael Jaeger
4335 Elysian Fields Ave	Renovation (Structural) $79,600	Re-Roof of Brother Martin School. ROOFING — 2-Ply Modified Bitumen Roofing System Specifications to install a Mule-Hide Modified Bitumen Roof System With Mechanically Fastened ISO Board with a 20 year NDL Warranty:	[O] Elysian Fields Property Corp [A] Kraig Kucaba construction company LLC [C]
4319 Carondelet St	Electrical Repair / Replacement / Addition $78,655	Rework lighting and outlets according to plans	[O] Junior League Of N O Inc [A] Christopher Jake Laborde [C] Christopher Jake Laborde
4848 Coliseum St	Renovation (Non-Structural) $72,600	Remove and replace modified bitumen roof	[O] Beth Costello Monahan, Michael F Sullivan, Rush Lane Nicholas SR, Stephen L Philipson, Roy I Seinfeld, Mary B Saltarrelli, Manuel V Guzman-Garrow, Richard H Raborn, William H Page, Gerald M Spedale, William J III Kelly, Joseph C Buccino Tracy A Beren [A] Claremont Property Company [C] Claremont Property Company
632 Bourbon St	Renovation (Non-Structural) $60,515	Correction of VCC violations	[O] Holdingsllc Quarter [A] Architects Rozas Ward [C] Hermanos Rivera Construction LLC
819 Conti St	Renovation (Non-Structural) $60,000	emergency roof replacement of flat roof white TPO to flat roof light gray TPO. Vegetation on roof and walls to be killed and removed in preparation for stucco and mortar repair to be addressed in later permit.	[O] 819 Conti LLC [A] Gates Erika [C] Jake Garofalo
1139 Washington Ave Apt 2A	Renovation (Non-Structural) $59,500	Renovation of interior including mechanical, electrical, plumbing, sheetrock cabinets, flooring, add bathroom	[O] Tammy B Mercier [A] Mercier Tammy [C]
326 Chartres St	Renovation (Non-Structural) $55,000	Exterior renovation and restoration. Removal of items that are not in compliance with VCC standards. Interior lintel and brick work only. All other interior work will require a separate permit. ALL WORK TO BE DONE AS PER PLANS.	[O] 326-30 Chartres St LLC [A] John Dauer [C]
6324 Chef Menteur Hwy Ste 102	Renovation (Non-Structural) $40,000	Change of use from a WHITE BOX to RECEPTION FACILITY	[O] 6400 Chef Menteur LLC [A] Javonn Harden [C] John Williams
225 Bourbon St	Renovation (Non-Structural) $38,295	EXTERIOR 2ND FLOOR BALCONY & 1ST FLOOR GALLERY DECKING REPLACEMENT ONLY.	[O] 225 Bourbon Street LLC [A] Myles Martin [C] Tuna Construction LLC
801 Carondelet St	Renovation (Non-Structural) $34,500	Installing new shingle roof.	[O] Marion Gardiner Laughlin [A] Don Schwander [C] Schwander Hutchinson Roofing, Inc.
3900 Desire Prkwy	Renovation (Non-Structural) $34,500	Replace a portion of a wall that was damaged during Hurricane Ida at the RTA Bus Wash Station. Plan drawings are attached. The structure ‘as is’ stands structurally sound.	[O] Regional Transit Authority [A] Carter Bryant [C]
1425 N Broad St	Renovation (Non-Structural) $31,725	We are removing an old drive up teller window for Chase Bank and then installing a new thru the wall ATM.	[O] National Americanbank of N O [A] Implementation Solutions Services Inc [C]
2005 Baronne St	Mechanical HVAC $30,600	Replace existing mechanical equipment with new.	[O] Nathan R Debord [A] Bernard Ory, III [C] Bernard Ory, III
4600 Magazine St	Mechanical HVAC $24,604	remove & replace (2) 5 ton package units with 17.4 kw each	[O] 4600 Magazine Street LLC [A] Kim Guzman [C]
5710 General Haig St	Mechanical HVAC $22,150	Range Hood Installation	[O] New Orleans Fire Fighters Local 632 Bldg [A] Patrick Campo Jr [C] Patrick Campo Jr
3611 General Meyer Ave	Renovation (Non-Structural) $17,772	Front facade renovation per submitted plan	[O] Aaa Ice LLC [A] Ryan Mayer [C] Mayer Building Company LLC
1124 S Carrollton Ave	Electrical Service / Circuit / Feeder $15,000	Adding 22 Circuits for nail salon	[O] Connecting Express LLC [A] Hai Du Nguyen [C] Hai Du Nguyen
434 Dauphine St, 434-436 Dauphine	Renovation (Non-Structural) $15,000	Sam Freeman, our masonry contractor, has requested we pull a non-structural permit to make repairs to the bricks and mortar on our Creole cottage on Dauphine. Bricks will be evaluated and restored with salvaged lake bricks to match existing, if required. We hope to do minimal repairs and preserve as much of the original bricks and mortar as possible. Some stucco will need to be repaired as part of the process.	[O] Alvin W Lacoste, Christian J Garris [A] M Garris Brandi [C] Samuel D Freeman 3
604 Jena St	Mechanical HVAC $9,000	system change out air conditioning.	[O] Janina Jeff [A] Abukhalil Abdelraziq [C]
600 Jena St	Mechanical HVAC $7,500	system change out air conditioning	[O] Janina Jeff [A] Abukhalil Abdelraziq [C]
1901 N Claiborne Ave	Renovation (Non-Structural) $5,000	Repair fire damage, change some electrical wires, sheetrock and paint per sketch. NO USE AND OCCUPANCY – REPAIRS ONLY	[O] Another Level Bar & Grill [A] McCoy Leroy [C]
601 Chartres St	Renovation (Structural) $5,000	emergency replacement of shoring with engineer designed temporary shoring.	[O] Apasra Properties LLC [A] Bob Ellis [C]
5106 Danneel St	Mechanical HVAC $4,800	Install 3 ton gas heater and a/c evaporator coil	[O] Restoration III L L C Nola [A] Kenny D Peffer [C] Kenny D Peffer
2517 Conti St	Electrical Repair / Replacement / Addition $3,500	Add can lights and replace breaker box	[O] Colin J Vanwingen [A] Christopher Robert Hoke [C] Christopher Robert Hoke
6324 S Johnson St	Construction Loop $3,400	Permit – temp pole	[O] 488 Holdings LLC [A] Jesse Earl Carr Sr. [C] Jesse Earl Carr Sr.
1622 Magnolia St	Mechanical Fuel Gas $2,634	install new gas line to supply stove water heater dryer furnace and will install new 30 gallon water heater	[O] Sf-Nola Opportunity Fund 2 LLC [A] Dean Walters [C]
1036 Broadway St	Mechanical Fuel Gas $2,000	Gas line to 1-RTU and 1-Water Heater	[O] Administrators of The Tulane Educ Fund [A] Wesley Gray Williams [C] Pangea Construction LLC
2240 Simon Bolivar Ave	Electrical Repair / Replacement / Addition $1,250	repairs; installed new meter stem; install new wiring to stem; NO NEW EQUIPMENT	[O] Lishe Enterprises LLC [A] Barry Joseph Sorrell [C] Barry Joseph Sorrell
4417 S Tonti St	Mechanical Fuel Gas $1,000	Extend gas service for existing building/fixtures to allow for home to be raised	[O] Charlene B Stamps [A] Kevin J Monvoisin [C]
1753 St Charles Ave	Electrical Repair / Replacement / Addition $750	EMERGENCY RECONNECT	[O] St Charles Streetpartnership [A] A. Cleveland A Francois Jr A [C] A. Cleveland A Francois Jr A
1416 Jena St	Mechanical Fuel Gas $550	Out over 6 months	[O] Konstantin Ginzburg [A] Kelly O Jazzmond [C]
824 Orleans Ave	Electrical Repair / Replacement / Addition $500	Reattach existing service. NO NEW EQUIPMENT OR CIRCUITRY	[O] 820 Orleans Ave LLC [A] Barry Joseph Sorrell [C] Barry Joseph Sorrell
4503 Prytania St	Mechanical Fuel Gas $500	Meter separation	[O] Suman Gupta Retirment LLC [A] Stephen A Schulz, Jr. [C]
2621 Hollygrove St	Mechanical Fuel Gas $500	out over six months	[O] Dorothy Mae Willis Wallace [A] Kelly O Jazzmond [C]
601 S Norman C Francis Prkwy	Construction Loop $500	Temp pole for construction use.	[O] Young Womens Christian Association [A] Paul E. Herkes IV [C] Paul E. Herkes IV
8715 Edinburgh St	Electrical Vacancy $450	6 month vacant and repairs	[O] Ruffin Development Corp LLC [A] Eugene J Lawrence Jr. [C] Eugene J Lawrence Jr.
2524 Ursulines Ave	Mechanical Fuel Gas $450	meter out over 6 months – gas test	[O] Lmc-Smm Ventures LLC [A] Horace Bynum, Jr. [C]
2522 Ursulines Ave	Mechanical Fuel Gas $450	meter discrepancy	[O] Lmc-Smm Ventures LLC [A] Horace Bynum, Jr. [C]
3323 Loyola Ave Apt 1B	Electrical Vacancy $400	vacancy	[O] Paul T Maloney [A] Stanford Vanderlee Ebanks [C] Stanford Vanderlee Ebanks
3323 Loyola Ave HM	Electrical Vacancy $400	vacancy	[O] Paul T Maloney [A] Stanford Vanderlee Ebanks [C] Stanford Vanderlee Ebanks
2635 Touro St	Electrical Vacancy $400	Vacancy inspection	[O] Ryan Fitzsimmons [A] Ronald E. Bellaci [C] Ronald E. Bellaci
2831 Fourth St	Construction Loop $365	construction loop	[O] Naw Investments LLC [A] Exilus Louis Sr. [C] Exilus Louis Sr.
3027 Monroe St	Construction Loop $300	Installation of temporary construction pole	[O] The Finance Authority of New Orleans [A] Francis Ronald Jouandot [C] Francis Ronald Jouandot
201 Magazine St, 203 Magazine St, 201 Magazine St FIRE PUMP, 201 Magazine St HM	Change of Address N/A	22-13186-RNVN Hotel See Table for details KEEP 201 Magazine St ADD 203 Magazine St (AM11718749) ADD 201 Magazine St FIRE PUMP (AM11718364) ADD 201 Magazine St HM (AM11718750) RETIRE: 201 Magazine St Apts 201-207, 301-307, 401-407, 501-507, 601-607, 701-703	[O] 201 Magazine Properties LLC [A] 201 Magazine Properties LLC [C]
5301 St Claude Ave	Demolition N/A	Demolish Vacant commercial structure to grade.	[O] Ministries Philadelphia [A] Louisiana Trashit LLC [C] Bernard Sanderlin
3609 Milan St	Electrical Service / Circuit / Feeder N/A	Replace bad meter pan w/ burned lugs	[O] Constance E Scieneaux [A] Charles J Davis Sr [C] Charles J Davis Sr
5701 St Claude Ave	Demolition N/A	total demolition	[O] Lower 9th Ward Neighborhood Empowerment Network [A] James Jones [C] JLJ Electrical And A/C dba JLJ Construction LLC
927 Toulouse St -Apt 302	Change of Address N/A	22-08037-RNVN Multi-Family CHANGE 927 Toulouse St Apt 1 to 927 Toulouse St Apt 101 (AM12171469) CHANGE 927 Toulouse St Unit 2 to 927 Toulouse St Apt 201 (AM1161742) CHANGE 927 Toulouse St Unit 3A to 927 Toulouse St Apt 301 (AM12171467) CHANGE 927 Toulouse St Unit 3B to 927 Toulouse St Apt 302 (AM12171468) CHANGE 927 Toulouse St Unit 4 to 927 Toulouse St Apt 102 (AM12171467) CHANGE 927 Toulouse St Unit 5 to 927 Toulouse St Apt 103 (AM12171466) CHANGE 927 Toulouse St Unit 6 to 927 Toulouse St Apt 104 (AM12171506)	[O] Toups Family Investment Company LLC [A] Toups Family Investment Company LLC [C]
6500 Magazine St	Electrical Service / Circuit / Feeder N/A	Upgrade panels	[O] Commission Audubon, The City of New Orleans [A] Troy M Castille [C] Troy M Castille
1410 Elysian Fields Ave Apt A, 1410 Elysian Fields Ave Apt B, 1410 Elysian Fields Ave Apt C, 1410 Elysian Fields Ave, 1412 Elysian Fields Ave	Change of Address N/A	22-31125-EVAC Three to Four Family CHANGE 1410 Elysian Fields Ave to 1410 Elysian Fields Ave Apt A (AM11183207) CHANGE 1412 Elysian Fields Ave to 1410 Elysian Fields Ave Apt B (AM10256876) CHANGE 1412 Elysian Fields Ave Apt A to 1410 Elysian Fields Ave Apt C (AM10256873)	[O] Gmmwf LLC [A] Gmmwf LLC [C]
730 St Philip St -Unit D	Change of Address N/A	22-30636-RNVS Three to Four Family KEEP 730 St Philip St Unit A KEEP 730 St Philip St Unit B KEEP 730 St Philip St Unit C ADD 730 St Philip St Unit D (AM12169274)	[O] Arthur H Hale, Tricia F Peterson, Amanda Noland Inzer Investment Trust Lester L Langley Jr – Trustee, Shirley Smith 2014 Irrevocable Trust [A] Arthur H Hale [C]
4125 Leavell Ln	Mechanical Fuel Gas N/A	Renovate kitchen, provide gas lines to new kitchen equipment locations.	[O] N O Baptist Theological Seminary [A] Ray Torres [C] Ray Torres
530 Powder St	Electrical Service / Circuit / Feeder N/A	File for final electrical inspection	[O] 530 Powder LLC [A] Elliott Joseph Jenkins [C] Elliott Joseph Jenkins
3217 St Ann St	Mechanical Fuel Gas N/A	Test and repair leak. File for entergy turn off.	[O] Theresa B Odom [A] Ronnie C Crosby [C]
2629 Baronne St	Mechanical Fuel Gas N/A	Test and repair leak for entergy turn off.	[O] Sunrise Holding Company LLC [A] Ronnie C Crosby [C]
2627 Baronne St	Mechanical Fuel Gas N/A	Test and repair entergy leaks.	[O] Sunrise Holding Company LLC [A] Ronnie C Crosby [C]
2846 Baronne St	Mechanical Fuel Gas N/A	Out over 6 months.	[O] James Adams [A] Ronnie C Crosby [C]
347-349 Verret St	Change of Address N/A	22-30764-RNVS Business Use KEEP 347 Verret St RETIRE 349 Verret St	[O] Troy A Carter [A] Troy A Carter [C]
226-228 Bourbon St	Change of Address N/A	22-02154-RNVS business address retire secondary address RETIRE 228 Bourbon St ADDRESS OF RECORD: 226 Bourbon St	[O] Royal Blue Bourbon LLC [A] Tin Roof New Orleans, LLC [C]
16750-16950 Chef Menteur Hwy	Change of Address N/A	SD133-22 Resubdivision of Lotss 55 – 62 in Section A, Parcel 5 and bounded by Chef Menteur Hwy, into new lots 56A, 59A, 61A, and 62A KEEP Addresses for LOTS LOT56A: 16750 Chef Menteur HWY LOT59A: 16800 Chef Menteur HWY LOT61A: 16900 Chef Menteur HWY LOT62A: 16950 Chef Menteur HWY	[O] Binh Do, Big Boy Distributor LLC [A] Binh Do [C]
129 Camp St	Renovation (Non-Structural) N/A	We are applying for change of use from vacant space to restaurant space. It was a restaurant until 2019. It has been closed since then. We need to convert it back to restaurant with this permit then we will apply for an occupational license. NO WORK TO BE DONE UNDER THIS PERMIT.	[O] Risna LLC [A] Hasan Ergen [C]
1560 Tchoupitoulas St	Float N/A	15 floats for Kern Studios for parade on Friday 10/21/2023	[O] Richard Tchoupitoulas LLC [A] Merritt Dutch Landry [C]
4735 Carondelet St	Mechanical Fuel Gas N/A	Run 70 3/4 gas line from generator to existing meter.	[O] Arnaldo Partesotti [A] Joey Hickey [C] Joey Hickey
2225-2275 Sanctuary Dr	Change of Address N/A	Resubdivision of Lot 1 in Square 509, Federal City, Fifth Municipal District and bounded by Santuary Drive, Hebert Street, Coral Sea Street, and O’Bannon Street into Lots 1A and 1B. KEEP 2275 Sanctuary Dr (LOT 1A) ADD (LOT 1B) 2225 Sanctuary Dr	[O] Constance M Selico [A] Algiers Development District [C]
4011 Erato St Apt 1A-Apt 2A	Change of Address N/A	update addresses to standards. Change 4011 Erato St Apt A to 4011 Erato St Apt 1A (AM10827248) Change 4011 Erato St Apt B to 4011 Erato St Apt 2A (AM10827298) Change 4011 Erato St Apt C to 4011 Erato St Apt 1B (AM10827297)	[O] Valentine A Forde [A] Valentine A Forde [C]
1017 Esplanade Ave Unit 2	Bicycle Registration N/A	Purple Tire Valves Mountain Bike	[O] Charles C Michaels, John E Gail Smith Hermann, Ronald Nelson, Rodney Thomas Williams [A] Ron Nelson [C]

Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $300,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.

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