City: New Orleans

YL Realty has closed on its $32 million purchase of 155 Spring St., a mixed-use retail property in Lower Manhattan.The fully leased building has 40,990 square feet, 8,000 of which is retail - 5,500 sf of which was just leased ...

Times-PicayuneTad Mondale, the nephew of the former United States vice president, has purchased the seven-story Falstaff Brewery building in New Orleans for $1.1 million. The property was sold by Micky Boes, the remaining partner in Falstaff LLC. Mondale had attempted ...

The Times-PicayuneA quarter of the Lake Forest Plaza in eastern New Orleans will be razed to make way for a Lowe's home improvement store. Developers hope the project will give the area an economic kick in the pants. Future plans ...

The Chicago REIT is offering up the Hilton Burbank Airport & Convention Center hotel in California and the Marriott Lincolnshire Resort outside of Chicago. The two properties have a total of 876 rooms. Eastdil Secured has the Hilton Burbank listing ...

New Orleans Times-PicayuneA group of New Orleans developers has announced plans for a $100 million condominium project in New Orleans' Central City. The land, once intended for a grocery store, sits at the corner of Felicity and Carondelet streets. Elie ...

Times-PicayuneThe National American Bank building in downtown New Orleans has been chosen by a Florida-based affordable housing developer for an apartment complex. The project, in the heart of the central business district, will target medical, hospitality, and downtown service workers ...

A venture between Sizeler Property Investors Inc. and Stirling Properties Inc. has sold Hammond Square Mall in Hammond, La., for $14 million.Palace Properties LLC, a Louisiana real estate firm managed by Jimmy Maurin, who is also Stirling's chairman, acquired the ...

Noble Investment Group has paid $22.5 million for the 162-room Wyndham Hotel in the New Orleans suburb of Metairie, La.The Atlanta hospitality firm purchased the 7-story hotel from a New Orleans investor group.Noble will renovate the property and reflag it ...

Wall Street JournalThe New Orleans office market is tight despite the flight of businesses and population after Hurricane Katrina. Occupancy rates are better than they were at the beginning of 2005, according to the Wall Street Journal. This is due ...

The Times-PicayuneA Natchitoches, La., company has acquired the Hotel Monaco at 333 St. Charles Ave. in New Orleans for $22 million. The hotel's climate control and electrical mechanisms were in its basement and destroyed by Hurricane Katrina's floodwaters. It has ...