Apartment Renovations to Address Rent Pinch
“About 2,300 of the 7,000 apartment units available in eastern New Orleans before Hurricane Katrina are back online.
Paul Kapelow, visionary real estate developer
“Paul Kapelow, a real estate developer whose commercial and residential projects in the New Orleans area beginning in the 1950s are still lauded as visionary, died Tuesday in Hollywood, FL…
Abandoned Properties Remain Prevalent 20 Months Post-K…
“As the New Orleans are continues to recover from Hurricane Katrina, the West Bank still has a number of homes, apartments and businesses that remain…
Look Who’s Talking…
“Real estate broker Larry Schedler has sold more than 22,000 multi-family units in more than 20 years. He was involved in the recent $46-million sale of the Esplanade City Park…
Rents Rocket
“More than 38,000 of 45,000 pre-Hurricane Katrina rental units are back on the market, according to the Apartment Association of Greater New Orleans…
Rebuilding Multifamily — New Orleans keeps this sector alive as brokers piece together the city.
“While some commercial real estate professionals have no problem finding properties to market, in New Orleans, many are trying to rebuild what they used to have.
Private Money Fuels Apartment Recovery
“Well-financed private investors are pumping millions of dollars into renovating flood-ravaged New Orleans apartment complexes and, in a race to get their units on the market, are moving at a much faster pace than…
Nothing Easy about Rebuilding New Orleans
“Robert Greer has been through more than a year of frustration and it’s not over yet. The president of Michaels Development Co. has spent months…
Rental Assistance
“One developer plans to convert the old Falstaff brewery on Tulane Avenue into a mixed-income community with 156 apartments. Another wants to turn a downtown…
Many Apartments Slated for Comeback
“Many of the large apartment complexes in eastern New Orleans are slated for complete renovation, a sign…