Metro New Orleans Multi-Family Market Remains Balanced 20 Years Post-Katrina
August 29, 2005 — a day no New Orleanian will forget: Hurricane Katrina. It has been two decades since the levees were breached and fl ood waters took over the city’s streets, homes and businesses. It was an event that changed the trajectory of the city of New Orleans. Twenty years later and the resiliency […]
Dallas firm buys Fat City apartment building for $17.6 million
Sale of The Local on Severn: Audubon, an Atlanta-based rental housing investment company, sold The Local on Severn, a 161-unit apartment complex in Metairie, for $17.6 million to The Medve Group, a Dallas-based firm. Location and Features: The Local on Severn is located two blocks from Lakeside Shopping Center in Fat City and includes studio, […]
Talking Business: Why one New Orleans expert isn’t worried about a slower apartment market
Larry Schedler discusses market reclibration, insurance costs, occupancy rates, and the future outlook of multi-family real estate in the New Orleans area with Stephanie Riegel from NOLA.com Read full article here
Southern Real Estate Business Marketing Highlight | October 2023
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Midyear Survey | August 2023
New Orleans MarketBeat: Multifamily Q1 Report 2023
Passco Acquires 2 Multifamily Communities in Louisiana
NEW ORLEANS — From Passco Companies
Passco Companies has acquired two luxury multifamily communities totaling 602 units: Canal 1535, a 330-unit asset in downtown New Orleans, and Sawgrass Point, a 272-unit asset in Gonzales, La. Both assets closed at contract pricing despite a volatile capital markets environment.
Market Highlight: New Orleans Multifamily has Been Surprisingly Stable in Face of Covid-19 Pandemic
Market Highlight: New Orleans Tight MultiFamily Occupancy leads to 2,285 Units in the Pipeline
New Orleans Adds Another Chapter to its 300-Year History of Multifamily Growth
How many cities can boast a multifamily history that goes back 300 years? New Orleans can, as it is celebrating its Tricentennial. New Orleans is home to the first apartment building in the United States. Historians have noted the “oldest continuously rented” multifamily development in the country is the Pontalba Apartments. Built in 1849 by […]