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LCMC Health Opens New Facility
Appearing in Canal Street Beat By Staff Writers LCMC Health has opened the new Ridgelake Health Center in Metairie. The new 48,000-square-foot facility is a fully integrated health center, where experts from Children’s Hospital, Touro Infirmary and West Jefferson Medical Center will be able to see pediatric and...
Study: Connectivity Remains High Priority for Commercial Real Estate Tenants
Appearing on the Broker’s List This post originally appeared on Marketplace Advertiser, Connected Real Estate Magazine and is republished with permission.   WiredScore, an organization that helps landlords, developers and tenants become more digitally connected through its technology and real estate...
Denver- based Stonebridge Acquires Embassy Suites in New Orleans
Appearing on Canal Street Beat and Written by CSB Staff Denver-based Stonebridge Companies has acquired the 280-­room Embassy Suites by Hilton New Orleans Convention Center hotel in partnership with an affiliate of Chicago-private equity firm Walton Street Capital LLC. The acquisition is the Stonebridge Companies’...
$11 Million Jewish History Museum and Luxury Apartments Coming to CBD
Appearing on Canal Street Beat and Written by CSB Staff The Feil Organization filed permits with the city for the renovation of 818 Howard Street, an old office building that 818 Howard, LLC purchased in 2016 for $3.55 million. The 4-story building at 818 Howard will become apartments and The Museum of the Southern...
SBP's New $10 Million Affordable Housing Complex in Mid City Breaks Ground
Appearing on Canal Street Beat and Written by CSB Staff SBP (formerly the St. Bernard Project) held a ground breaking two weeks ago on their new affordable housing development at Broad Street and Orleans Avenue. The new, nearly $10 million project, will include 50 apartments, a community room, and wellness center in a...
French Truck Expands to Anchor New $65 Million Mid City Development
Appearing on Canal Street Beat and Written by Staff Writers French Truck Coffee has announced that it will anchor the new 382 unit apartment complex on the Lafitte Greenway being built by developed Edwards Community. The new French Truck location will feature patio seating, large glass garage doors.  French Truck...
Value- Add Properties Still Have Plenty of Upside to Offer Multifamily Investors
Appearing on National Real Estate Investor and Written by Bendix Anderson Investors are still eager to buy apartment properties where they can raise the rentsand achieve strong yields. “There is a vast amount of capital in the multifamily space targeting value-add apartment properties,” says Rick Hurd, chief...
Commercial Real Estate Prices Kept Rising In 2018 Despite Headwinds
Appearing on bisnow written by Matthew Rothstein Commercial real estate prices rose across the board by 7% in November compared to the same period last year, according to Real Capital Analytics’ Commercial Price Property Index report. Every sector reported increases in price, with industrial, retail and urban...
How to size up real estate investments
Appearing on the Broker’s List by Doug Marshall, CCIM and CRE Investor All CRE investment opportunities filtered through four criteria Like you, I get many opportunities to invest my hard-earned money in commercial real estate. Most of these opportunities I say no to rather quickly, but occasionally one comes...
Hard Costs vs Soft Costs
This post originally appeared on SimonCRE Insights Blog and is republished with permission. Also appearing on the Broker’s List.  When budgeting for a commercial development project it’s important to remember that costs typically break down into two broad categories: hard costs and soft costs. Considering...