News

Apartment surge to be brief

Developers will release more than 2,100 new apartments into the New Orleans market by the end of next year, all of them designed and financed before the global financial markets went into a tailspin.

The end of apartment construction in New Orleans?

By Deon Roberts, Online Editor: This week, I took a tour of The Preserve, a mega, 183-unit apartment development being built at 4301 Tulane Ave. Anybody driving over the Pontchartrain Expressway headed toward the lake has seen the multicolored structure to their right as they pass over Carrollton Avenue.

Report: N.O. – area apartment market a ‘bright spot’

METAIRIE – More than three years after Hurricane Katrina, the New Orleans metropolitan area apartment market is a “bright spot” in the area’s commercial real estate market, according to a report released today.

Inside the heads of 3 apartment experts

By Deon Roberts, Online Editor: This week, I sat down with three people who are New Orleans metro area apartment experts: Mark Madderra, Larry Schedler and Cheryl Short.

Regional Markets – Hanging Moss

New Orleans – How long does it take to recover from a hurricane? Natives here can’t say for sure, but most can see that, while rebuilt homes, businesses, and apartment buildings may line many street, getting back to full strength is likely to take much longer than three years.

New Orleans Multifamily Market

Although it has been a little more than three years since Hurricane Katrina hit and a little more than a month since the threat of Hurricane Gustov, the metro New Orleans apartment market has seen a decade of strides in the new development and re-development of our multifamily market.

East N.O. apartment construction surges

“While the national credit crunch has slowed pace of apartment construction in New Orleans, new drywall is still going up in the city’s eastern region

Private Housing Initiative in New Orleans

“With low-income tax-credit projects in New Orleans just cranking up, entrepreneurial developers have been investing to buy and rebuild nearly 4,000 destroyed units in the eastern part of the city

Apartment Rates Reach Calm After Storm

“The report, by Larry G. Schedler & Associates, Multi-family Advisory Group and Madderra & Cazalot, documented what has been apparent to aggrieved renters for two years.