City: New Orleans

The Times-Picayune Maison Hospitaliere, a former nursing home in New Orleans' French Quarter, has been sold to Lauricella Bourbon LLC for an undisclosed amount. Most of the property, which consists of 13 buildings totaling 40,000 square feet, is expected to ...

The Times-Picayune Developers of the Loews Hotel New Orleans are seeking tax breaks from the city's Industrial Development Board to build a pair of additional hotels totaling more than 300 rooms. A specific amount was not specified. The hotels would ...

The Times-Picayune Apartment Development Services Ltd. of Dallas has proposed converting two New Orleans buildings into 437 apartment units with retail space. The buildings, at 225 and 305 Baronne St., would be connected by a sky bridge over Gravier Street, ...

Two New Orleans hotels, whose securitized mortgage had fallen delinquent, have been sold for $93 million. The properties, Astor Crowne Plaza and Alexa Hotel, with a combined 707 rooms, were sold to a venture between Loeb Realty Partners and a ...

Strategic Hotels & Resorts received $143 million as a settlement of claims stemming from the damages caused by Hurricane Katrina to the Hyatt Regency New Orleans hotel. The settlement will allow the Chicago company to pay off a securitized mortgage, ...

The Times-Picayune The Fairmount New Orleans, a 114-year-old hotel in downtown New Orleans, might be close to being sold. The property is owned by an affiliate of Maritz, Wolf & Co. of Los Angeles. The 700-room hotel suffered extensive flood ...