Apartments for Sale

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Market Highlight: New Orleans

Oct 14, 2017

Southeast Real Estate Business  October 2017 BY: Larry G. Schedler, CCIM & Cheryl Short, Principals with Larry G. Schedler & Associates, Inc. MULTIFAMILY INVESTORS, DEVELOPERS FIND HIDDEN OPPORTUNITIES IN NEW ORLEANS Sometimes there is a “herding” mentality in real estate investment activity, but markets that do not make the headlines...

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The Gates at Citiplace sell for $59.6M

Aug 29, 2017

Alexandria Burris | @allyburris August 28, 2017 Another luxury multifamily development in Baton Rouge has sold at an incredibly high price. The Gates at Citiplace Apartments sold for $59.6 million in a deal that closed Aug. 3. The buyer is listed as David Werner Real Estate Investments of New York...

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Buyer pays $33 million for flood-damaged St. Jean Apartments

Aug 23, 2017

  BY TED GRIGGS | tgriggs@theadvocate.com Aug 21, 2017 – 12:54 pm A Georgia firm has paid $33.3 million for the 624-unit St. Jean Apartments, which were heavily damaged by the August 2016 flood. ACV Baton Rouge LLC bought the complex, near South Harrells Ferry Road and O’Neal Lane, from...

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AVR Realty Sells $250M Portfolio El-Ad National Properties acquired the nine-property portfolio consisting of pet-friendly communities in Lafayette, Shreveport and Slidell, La., totaling 2,079 units.

Jul 27, 2017

By IvyLee Rosario  | Jul 26, 2017 El-Ad National Properties acquired a nine-property portfolio in Lafayette, Shreveport and Slidell, La. from AVR Realty for nearly $250 million. Mike Kemether of Cushman & Wakefield’s Southeast Multifamily Advisory Group and Larry Schedler of Larry Schedler & Associates, arranged the sale on behalf...

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AVR Sells Nine-Property Multifamily Portfolio in Louisiana for $250M

Jul 24, 2017

LAFAYETTE, SHREVEPORT AND SLIDELL, LA. — AVR Realty Co., a Yonkers, N.Y.-based multifamily investment and development firm, has sold a portfolio of nine multifamily properties totaling 2,079 units in Louisiana for approximately $250 million. Israel-based investment firm El-Ad National Properties purchased the portfolio. According to the company’s LinkedIn page, its...

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New Orleans multi-family market remains strong

Jun 17, 2015

Report: New Orleans multi-family market remains strong By: Robin Shannon, Managing Editor June 16, 2015 Bella Ridge apartments opened this month in Harahan. (CityBusiness staff photo) A combination of strong demand and a lack of available buildable land is helping the area’s multi-family market remain near full occupancy. But despite...

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Algiers apartment deal leads multi-family trend

Dec 18, 2014

By: Robin Shannon, Reporter, December 16, 2014 A local investment group led by developer Joshua Bruno has acquired the 336-unit Oakmont Apartments complex in Algiers from an Illinois-based real estate trust. The deal is part of an ongoing trend of multi-family acquisitions throughout the New Orleans metro area and the...

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