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
Suburban New Orleans Apartment Property Trades for $28.6Mln
Carter Multifamily has paid $28.6 million, or $107,519/unit, for the Pelican Pointe Apartments in the New Orleans suburb of Slidell, La. The Tampa, Fla., company bought the 266-unit property from Haley Associates, an Omaha, Neb., investor. The 23-building complex, at ...
Houma Shopping Center
HFF arranged $16.2 million of acquisition financing from Goldman Sachs. The fixed-rate loan has a five-year term.
Houma, La., Shopping Center Trades for $27.5Mln
Houston CityBizList Viking Partners LLC has sold the 204,879-square-foot Houma Shopping Center in Houma, La., for $27.5 million, or about $134.23/sf. The buyer was not identified. HFF brokered the deal on behalf of the seller, and arranged $16.2 million of ...
CWCapital to Take Mall of Acadiana Through Foreclosure
Commercial Real Estate Direct Staff Report CBL & Associates Properties was unable to reach an agreement to modify the $121.9 million CMBS loan against the Mall of Acadiana in Lafayette, La. As a result, the CMBS trust that holds the ...
New Orleans-Area Shopping Mall Brought to Sales Market
The Esplanade, a 966,997-square-foot shopping mall in suburban New Orleans, is being offered for sale. And it's likely to get redeveloped by whoever buys it. The property had been owned by Simon Property Group, which gave up on it nearly ...
TPG Lends $51Mln Against New Orleans Hotel
Commercial Real Estate Direct Staff Report TPG Real Estate Finance Trust has provided a $51 million loan against the Ace Hotel New Orleans, a 234-room property that opened in 2016. The floating-rate loan, arranged by HFF, was used to retire ...
CIM Buys Oakland, Calif., Office Project for $180Mln
San Francisco Business Times CIM Group has purchased the 356,000-square-foot Uptown Station office building in Oakland, Calif., for $180 million, or about $506/sf. Uber Technologies sold the property, which it had bought in 2015 for $123.5 million. A renovation of the ...
Mall of Acadiana Sees Appraised Value Plunge to $47.6Mln
Commercial Real Estate Direct Staff Report The Mall of Acadiana, whose CMBS loan is in the process of being modified, has been re-appraised at a value of only $47.6 million. That compares with the property's $188 million appraised value ...
CBL Strikes Re-Do of CMBS Loan on Acadiana Mall
The following story has been edited. A previous version incorrectly indicated two additional anchors might be vacating. CBL & Associates said it "expects both stores to continue to operate as normal." Commercial Real Estate Direct Staff Report CBL & ...
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