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March 28, 2003 The Times-PicayuneA serious split has developed between New Orleans City Hall and proponents of a $140 million deal to develop a 600-room Westin Hotel in the 33-story World Trade Center building, which stands beside the Mississippi River ...
March 19, 2003 The Times-PicayuneDevelopers hoping to land a New Orleans hotel deal or walk away from their $140 million plans to convert half of the World Trade Center building into a world-class hotel were given a 30-day extension Tuesday ...
March 18, 2003 Prudential Mortgage Capital Co. has provided a $27 million loan to Pere Marquette Hotel Partners in New Orleans.The 10-year loan is secured by the 280-room Renaissance Pere Marquette hotel. The transaction closed Feb. 19, 2003.The property, two ...
The recently reflagged New Orleans Grande Hotel is set to undergo another name change. LaSalle Hotel Properties, which put the luxury hotel on the market in August through Hodges Ward Elliott, has struck a deal to sell it to CNL ...
January 23, 2003 NEW ORLEANS – Marcus & Millichap has begun marketing for sale the Sav-A-Center, a newly built 57,333-square-foot drugstore at 400 N. Carrollton Ave. in New Orleans. The owner, a private investor based in Columbus, Ohio, is seeking ...
November 18, 2002 Frenchman's Wharf Apartments, a 644-unit complex in New Orleans, is up for sale with a price tag of $18.7 million, or $29,037/unit.The property at 6800 S. Interstate 10, was built in two phases, beginning in 1977 and ...
85% occupied; Transwestern paid $35.75Mln for the building in 1997.
The Bethesda, Md., REIT has placed Le Meridien New Orleans on the sales block. Hodges Ward Elliott has been hired to market the four-diamond hotel. It should sell for substantially more than $80 million.
August 20, 2002 Commercial Real Estate Direct Staff ReportAn affiliate of BGK Equities has sold the Elmwood Tower in New Orleands for $23.6 million.The 223,250-square-foot office building was sold to an unnamed New York partnership, which tapped CIBC World Markets ...
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