City: New Orleans

The Times-Picayune Rental rates for apartment units in New Orleans have reached some significant highs, according to a report by Larry G. Shedler & Associates. The Metairie, La., research firm found that rents have increased as much as 20 to ...

The Times-Picayune The troubled Grand Palace Hotel in New Orleans was sold at auction yesterday for $3.3 million. A Washington, D.C., investor group purchased the 1,032-room property at 1732 Canal St. As reported last week, the 18-story hotel, which had ...

The Grand Palace Hotel, with 1,032 rooms in New Orleans, is headed to the auction block after multiple attempts to sell the property have failed to generate a deal. Edward R. Berman, who provided financing for the property, has tapped ...

Cogdell Spencer Inc. has paid $19.8 million for East Jefferson Medical Plaza, a 123,184-square-foot medical office property in Metairie, La. The property, on the campus of East Jefferson General Hospital, is fully leased. The hospital itself, which sold the property, ...

The State of Louisiana's plans to acquire Dominion Tower, a 1.1 million-square-foot mixed-use complex in New Orleans, has reached a standstill. The state was close to reaching an agreement in October to pay $60 million for the property. But a ...

The Ohio Public Employees Retirement System is offering for sale two downtown New Orleans office buildings totaling 1 million square feet. Jones Lang LaSalle is listing the buildings, 1515 Poydras and 1555 Poydras, which together are expected to command roughly ...

A venture between Clearview Hotel Capital and a unit of Starr International Co. purchased the JW Marriott New Orleans hotel. As reported, the 494-room property was sold by Ashford Hospitality Trust Inc. for $67.5 million, but its buyer at the ...

The Times-Picayune Construction is under way on a 72-unit apartment complex in New Orleans. Domain Cos. of New York is developing the affordable-housing project, at 750 South Jefferson Davis Parkway. The development will be geared towards police officers, college students ...

The Advocate (Baton Rouge) A Baton Rouge, La., developer paid $13.5 million for a 36-acre tract of riverfront land in the city. Pete Clements acquired the parcel north of the Hollywood Casino from Luhr Brothers of Columbia, Ill. Clements plans ...