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Investors
hot on apartments in New Orleans
The
Metro New Orleans apartment market has never looked
so good to...
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Conversion
Craze
More
developers are converting
luxury apartments into condominiums, and units are selling
at prices of about...
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The
Big Easy
Mention
New Orleans and images
of Bourbon Street and wild and crazy Mardi Gras celebration
pop into...
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Southeast
Snapshots
Southeast
Real Estate Business provides a look into a variety
of...
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Developer
pours $11M into hidden gem
OB
INVESTMENTS, a Metairie-based property development company,
continues...
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Up
and Coming
A
spate of upscale apartment construction is kicking up
locally including...
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Saulet
developers are ready for their payday
Owners
asking $99 million for huge N.O. complex; 95% of units
are leased...
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Local
rental market sees rate stabilization
After
a relative boom in higher-end, multi-family construction
in 2001...
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NY
firm buys Harvey apartment complex
A
private New York real estate investment company has
acquired...
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Rental
Market is Frozen This Year
Rents
were flat and occupancy dipped a bit during the past
six months, according to...
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Southeast
Snapshots-New Orleans
A
number of recent multifamily developments in and around
New Orleans central business district (CBD) have added...
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Site
work for $50 million Gretna complex under way
After
years of planning, and an early two years of fending
off the West Bank's notorious sinking soil problems,
a local developer is...
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Demand
shows apartment market has room to grow
Lenders
may be leery of the local hotel market, but their appetites
are still strong for apartment financing. Demand for
apartments remains heavy....
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Roaring
Rents
The
area's 105 largest apartment complexes saw rents climb
about 3.7 percent in the last half year....
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New
Report Details Apartment Scene
Two
local real estate mavens
have created a new periodical report on the local apartment
housing scene that will be of interest....
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Living
the HIGH Life
Local
Apartment developers
are courting a growing and affluent niche market: people
who want the posh lifestyle that comes with an upscale
house but not the day-to-day worries that accompany
it....
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Growth
In New Orleans
Growth
in New Orleans' multifamily market has been modest in
the last year with almost 100 percent of the developments
targeting the higher end of the market...
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Neighbors
are enthusiastic over revamp of
American
Can
The
Redevelopment of the American Can Co. factory into apartments
and retail space is not yet complete, but many already
view it as a good neighbor in Mid-City, say those familiar
with the project...
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Apartment
Market Heats Up
Just
five years ago, many of the large apartment complexes
in eastern New Orleans had succumbed to such a devastating
level of disrepair and blight that residents and businesses
alike were abandoning the area in droves. Extensive
code violations prompted the city to take over four
of the worst properties.
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Project
is a good sign
for local market
Four
investors purchased the
375-unit Lincoln Court Apartments in Metairie for $13.5
million Monday, the latest sign that the sleepy market
for multifamily housing units is perking up. The new
owners plan to convert many of the Lincoln Court units
to condominiums.
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Builder
seeks tenants
for luxury complex
More
than 200 subcontractors and workers from Greystar Development
& Construction Co. have been steadily hammering
away at the city's largest new apartment complex to
be build in 50 years...
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Movin'
On Up
A
desire among locals for the posh life without the headaches
of home ownership is fueling construction of luxury
apartments…
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Snapshot
of a Deal:
Metairie, La.
A few short weeks ago, the principals of
Bayouville LLC owned a garden-style apartment complex
with seven three-story buildings in the New Orleans
suburb of Metairie, La.…
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