City: New Orleans

  Square Mile Capital Management has provided $40 million of mezzanine financing against the 1,193-room Hyatt Regency Hotel in New Orleans. Its loan, which has a five-year term, is subordinate to $250 million of senior financing provided by a group ...

Dallas CityBizList N3 Real Estate has obtained $27.7 million of financing against the 236,389-square-foot Algiers Plaza shopping center in New Orleans. BBVA Compass provided the floating-rate debt, proceeds of which will be used to cover a renovation that recently was ...

A venture led by KBS Strategic Opportunity REIT II Inc. has agreed to pay $51.2 million, or $261,224/room, for the Queen & Crescent Hotel in downtown New Orleans, near the city's French Quarter. KBS Strategic, a non-traded REIT sponsored by ...

Ashford Hospitality Trust Inc. has paid $62.5 million for the 226-room Le Pavillon Hotel in New Orleans. The Dallas hotel REIT bought the property from a venture led by American Financial Group, parent of Great American Insurance Group of Cincinnati. ...

Dallas CityBizList Omni Hotel & Resorts has acquired the 202-room Wyndham Riverfront New Orleans hotel. The seller and purchase price were not disclosed. The hotel, which the buyer has rebranded the Omni Riverfront Hotel, includes 4,000 square feet of meeting ...

Commercial Real Estate Direct Staff Report Morgan Stanley has provided an $83 million mortgage against the Astor Crowne Plaza, a 693-room hotel in New Orleans that was acquired by Starwood Capital Group for $116.5 million, or $168,110/room. The loan is ...