Market Highlight: New Orleans
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...
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The Gates at Citiplace sell for $59.6M
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...
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Buyer pays $33 million for flood-damaged St. Jean Apartments
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...
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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.
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...
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AVR Sells Nine-Property Multifamily Portfolio in Louisiana for $250M
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...
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New Orleans multi-family market remains strong
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...
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Algiers apartment deal leads multi-family trend
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...
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Report: Apartment occupancy, rents stable in NOLA
By: Robin Shannon, Reporter November 6, 2014 The latest semiannual report on apartment occupancy shows the New Orleans market is maintaining equilibrium between supply and demand as average rental rates and availability have remained virtually unchanged since the spring. The...
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(Strength + Firmness + Stability) x 10 Years = New Orleans Apartment Market
Posted on October 27, 2014 by John Nelson in Market Reports, Southeast Market Reports This word problem title easily portrays the current state of the New Orleans metropolitan multifamily market. The past decade can be recorded as positive in asset...
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New Units to Test CDB Apartment Market
By: Robin Shannon, Reporter September 17, 2014 Real estate analysts say the downtown New Orleans residential market could be heading for its biggest test yet, with several large-scale developments expected to go on the market within the next 12 to...
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