State: Louisiana - LA

Onyx Partners has paid $55.8 million, or $166,071/unit, for the 336-unit Lumiere apartment property in the New Orleans suburb of Metairie, La. The Lakewood, N.J., investor led by Jeremy Y. Rieder bought the property, at 3301 West Esplanade Ave. North, ...

The Pierre Bossier Mall in Bossier City, La., just outside of Shreveport, La., formally has been placed on the sales market by Rialto Capital Advisors, the special servicer that's been handling the property's $40 million loan for nearly two years. ...

Passco Cos. has paid $130 million for a pair of apartment properties with 552 units in the Baton Rouge, La., market, marking its entrée into that area. The Irvine, Calif., investment manager is among the most active players in the structured ...

Commercial Real Estate Direct Staff Report DiamondRock Hospitality Co. has paid $108.6 million for two hotels with a combined 257 rooms in Florida and Louisiana. The Bethesda, Md., REIT bought the 220-room Bourbon Orleans for $81.1 million, or $368,636/room, from ...

The following story has been edited to reflect that Trimont Real Estate Advisors was the loan's initial special servicer. Commercial Real Estate Direct Staff Report The $325 million CMBS loan against the 1,193-room Hyatt Regency New Orleans hotel has been ...