Four months after negotiations were put on hold due to scrutiny from state leaders, the owners of Avondale Global Gateway are still actively seeking to finalize the sale of the West Bank industrial complex to the Port of South Louisiana. This ongoing dialogue comes as Avondale officials inaugurated a new $2 million trucking gate, aiming […]
The mortgage landscape has been turbulent for homebuyers over the past few years, with rates experiencing significant fluctuations. After hitting record lows in 2020 and 2021, mortgage rates soared in 2022 and 2023, driven by inflation concerns and higher benchmark interest rates. By the summer of last year, rates reached levels not seen since 2000. […]
In the complex world of financing, securing a sizable loan can be a formidable challenge, even for those who are financially stable. For individuals seeking alternative methods to traditional loans, using land as collateral presents a viable option. This approach can offer more favorable terms compared to unsecured loans, such as lower interest rates and […]
The long-anticipated vision for transforming the Mississippi Riverfront into a continuous expanse of public parks is making significant strides. The New Orleans City Council has approved a $15 million investment toward the redevelopment of two historical wharves located in the French Quarter and Marigny. This funding, derived from city bond resources, constitutes half of the […]
Finding the right mortgage is crucial to ensuring financial stability and satisfaction when purchasing a home. Surprisingly, many first-time buyers opt for the first home loan offer they receive, potentially missing out on significant savings. The Consumer Finance Protection Bureau highlights a startling trend: nearly half of all mortgage borrowers do not shop around when […]
