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
GMAC Provides $39 Mln Financing for 3 La. Hotel Properties
March 20, 2001 NEW ORLEANS – Julia Court LLC has received an $18 million loan for the 202-key Courtyard by Marriott New Orleans Convention Center from GMAC Commercial Mortgage. The loan carries a 25-year amortization. The five-story, 128,478-square-foot property sits ...
Wexford Bancgroup Provides $18.5 Mln of Financing for New Orleans Retail Center
September 26, 2000 CHICAGO – Wexford Bancgroup has provided $18.5 million of fixed-rate financing for The Shops at Canal Place, a retail property in New Orleans' French Quarter.The 10-year mortgage carries a rate of 8.05 percent and amortizes over 30 ...
Sarofim Realty Sells Suburban New Orleans Offices for $27.5 Mln
September 22, 2000 METAIRIE, La. – Sarofim Realty Advisors has sold the Causeway Plaza in Metairie, La., to a venture between Concorde Realty Partners LLC and Lehman Brothers for $27.5 million.Sarofim owned the property on behalf of institutional clients.The 336,000-square-foot ...
Causeway Plaza
Center is about 97 percent leased.
Crescent Exits New Orleans with $33.1 Mln Sale of Building
April 12, 2000 Associated PressNEW ORLEANS – Crescent Real Estate Equities (NYSE:CEI) has exited the New Orleans market with the sale of the Freeport-McMoRan Building to a partnership of Louisiana investors and a Chicago real estate company for $33.1 million, ...
Freeport-McMoRan Building
The 24-story tower is located next to the Superdome.
Shorenstein Buys New Orleans Building, Seeks More Buys
February 2, 2000 Shorenstein Co. is getting back into the acquisition game. After a nearly four-year period during which the San Francisco company watched others bid up the price of commercial real estate, Shorenstein has decided that the time is ...
Energy Centre
Although no purchase price was disclosed, it is widely believed to have been about $90/sf, or $68.5 million
University of New Orleans to Build Offices
November 24, 1999 By Debra Beachy, VertiNews.com CorrespondentThe University of New Orleans is getting into the speculative real estate business. Through a joint venture with Lakefront Development LLC, the university is building an 80,000-square-foot office building in its lakefront research ...
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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.
