Cushman & Wakefield and Greystone Close Sale and Financing of Apartment Community in New Orleans Submarket of Metairie, Louisiana
NEW YORK, NY - The joint venture team of Cushman & Wakefield and Greystone announced that they arranged the sale of and provided acquisition financing for The Lumiere, a 336-unit multifamily community located in Metairie, Louisiana, a sub-metro region of New Orleans. The multifamily property was sold by LURIN to buyer Onyx Partners. Cushman & Wakefield’s Mike Kemether, Christian Schedler, Larry Schedler, and Cheryl Short represented the seller in the $55.8 million transaction....