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Recent Articles

nola.com

New Orleans may be the 'toughest real estate market in America,' new study finds

The New Orleans area real estate market maybe the "toughest in America," according to a new study by a University of Mississippi researcher. House prices after inflation are depressed but rents are still high despite population trends. A hope is that price-rent relationship might signal a market recovery.
nola.com

Saints owner Gayle Benson buys one of the largest office towers in ...

Benson has bought another downtown office tower, taking advantage of a market downturn and making a bet the city will turn around.
nola.com

See which New York real estate group bought the Hilton hotel on St....

A New York City-based private equity firm, Cetares Management, is the new owner of the Hilton New Orleans on St. Charles Avenue. It is the firm's 15th hotel purchase nationwide since it started acquiring in early 2023.
nola.com

Hilton New Orleans Hotel on St. Charles Avenue sold by California o...

The Hilton New Orleans Hotel on St. Charles Avenue in the Central Business District was sold by its California owner for $47 million, a big loss compared to the $59 million it paid for the historic property in 2013.
nola.com

Jaeger trust picks new group to manage 5 of its New Orleans J Colle...

The Jaeger trust has picked a new company to manage five of the J Collection of boutique hotels in New Orleans, replacing Aimbridge Hospitality. The Connecticut-based Waterford Hotel Group will now manage hotels with a combined 359 rooms, or about a third of the total.
nola.com

As hospitality sector braces for summer dog days, an urgent call fo...

New Orleans' annual summer tourism slump will be worse than usual this year, as tariffs and economic factors affect international travel natiownide. Local tourism officials are asking locals to help.
nola.com

Tulane's venture fund invests in New Orleans education sector start...

Tulane Unversity's venture fund is leading an investment round in New Orleans education startup Hilight, which has developed an app that helps schools evaluate and retain their staff.
nola.com

If Fair Grounds owner pulls out of LA, horse racing industry sees t...

With the possibility that Fair Grounds Race Course might be for sale, two billionaire Louisiana horse breeders are seen as the most likely buyers if current owner, Churchill Downs, cannot wrest a subsidy from the state.
nola.com

Gulf South Angels backs local drug firm South Rampart Pharma, looki...

New Orleans-based investment network Gulf South Angels is investing in non-opioid pain drug startup South Rampart Pharma as it enters critical Phase Two FDA clinical trials.
nola.com

Gulf South Angels backs local drug firm South Rampart Pharma, looki...

New Orleans-based investment network Gulf South Angels is investing in non-opioid pain drug startup South Rampart Pharma as it enters critical Phase Two FDA clinical trials.
nola.com

St. Bernard's proposed new road options released; Parish residents ...

The New Orleans Regional Planning Commission has made its short list picks for what will likely be a $1 billion new road link for St. Bernard to support the controversial Port NOLA container ship terminal project.