David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
State: Louisiana - LA
Kohan Buys Pecanland Mall in Louisiana, Resulting in $54.45Mln Loss to CMBS Trust
Kohan Retail Investment Group has purchased the Pecanland Mall in the northern Louisiana city of Monroe, giving it its second shopping mall in the state. It also owns the Pierre Bossier Mall in Bossier City, which it also bought from ...
Value of Downtown New Orleans Office Slashed in Half as Large Tenant Shrinks Footprint
Commercial Real Estate Direct Staff Report The former One Shell Square office building in downtown New Orleans, facing the potential loss of its largest tenant, has had its appraised value cut in half to $89.9 million. The 1.25 million-square-foot property ...
Shell Shrinks Footprint at New Orleans Office, Spelling Trouble for CMBS Loan
Commercial Real Estate Direct Staff Report With anchor tenant Shell Oil Co. having drastically reduced its footprint at the Hancock Whitney Center, the 1.25 million-square-foot former One Shell Square office building in downtown New Orleans, the property's owner has been ...
378-Unit Apartment Property in Houma, La., Trades Hands
Oakwood Capital has bought the 378-unit Houma Highlands apartment complex in Houma, La., for an undisclosed price. The Boca Raton, Fla., real estate investor purchased the three-story property from ECI Group of Atlanta, which acquired the first phase shortly after ...
Cannon Commercial Lands $60Mln Loan for Purchase of Properties Occupied by Winn-Dixie in Florida, Louisiana
Jacksonville Daily Record Cannon Commercial Inc. has lined up $60 million of financing for its purchase of two properties with a total of 2.01 million square feet of office and industrial space in Hammond, La., and Jacksonville, Fla. JLL Capital ...
Local on Severn
The latest purchase was funded with a $9.3 million loan from Melody Capital Management. Local on Severn serves as collateral for a $10.9 million Freddie Mac loan that's securitized through FREMF, 2020-KF92. The floating-rate loan pays a coupon pegged to ...
Audubon Communities Sells New Orleans-Area Apartments for $17.6Mln
NOLA.com The Medve Group has purchased Local on Severn, a 161-unit apartment property in Metairie, La., for $17.6 million, or $109,317/unit. The Dallas property management firm purchased the complex from Audubon Communities of Chamblee, Ga., which had owned it since ...
2 New Orleans Hotels Sold for $73Mln
HotelBusiness.Com A venture that includes Guidry Land Partners has purchased a pair of hotels with a total of 410 rooms in New Orleans' Arts/Warehouse district for $73 million, or about $178,049/room. Guidry, which is led by Robert J. Guidry, teamed ...
Waters at Manhattan
Four Corners Development Group has bought the 360-unit Waters at Manhattan apartment property in Harvey, La., about eight miles south of New Orleans. The New York company purchased the three-story property from its developer, Stoa Group of Hammond, La. The ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
