City: New Orleans

Ashford Hospitality Trust Inc. said it has completed the $67.5 million sale of the JW Marriott New Orleans hotel. The Dallas REIT, which did not identify the property's buyer, said the sales price amounts to a capitalization rate, or initial ...

Strategic Hotels & Resorts Inc. has completed the $32 million sale of the Hyatt Regency New Orleans hotel to Poydras Properties Hotel Co. of New Orleans. The Chicago hotel company had purchased the 1,184-room property 10 years ago. But the ...

The Times-Picayune Plainfield Asset Management is planning to heavily renovate the Plaza Tower, a vacant, 44-story building in New Orleans that has been plagued by mold, asbestos and other contaminants. The Connecticut firm bought the property at a foreclosure auction ...

The Times-Picayune Construction has started on a 76-unit apartment property in New Orleans. HPI Properties is developing the four-story property, at Constance and Poeyfarre streets in the city's Warehouse District. It will include ground-floor parking. Eighty percent of the units ...

Commercial Real Estate Direct Staff Report The venture between Loeb Realty Partners and Deutsche Bank that bought two troubled hotels in New Orleans in August has assumed the properties' $83.3 million of securitized mortgage debt. The venture, which paid $93 ...

Transcontinental Realty Investors is seeking to exit the New Orleans market and has placed two office buildings totaling 717,233 square feet on the sales block. The two buildings, 1010 Commons St. and 1340 Poydras St., have asking prices totaling $75.5 ...

The State of Louisiana is expected to buy Dominion Tower, a 1.1 million-square-foot office and retail complex in New Orleans. The state is buying the property from Hertz Investment Group with plans to convert its 668,000-sf retail portion into office ...

Strategic Hotels & Resorts Inc. has agreed to sell the Hyatt Regency New Orleans, a 1,184-room hotel that was severely damaged by Hurricane Katrina, for $32 million. The Chicago company is selling the property to Poydras Properties Hotel Co. of ...

The State of Louisiana is expected to buy Dominion Tower, a 1.1 million-square-foot office and retail complex in New Orleans. The state is buying the property from Hertz Investment Group with plans to convert its 668,000-sf retail portion into office ...