New Orleans’ 4th largest office tower foreclosed, new owner | Business news
The Power Center on Poydras Street, New Orleans’ fourth-largest office skyscraper, has a new owner after lenders foreclosed on Hertz Investment Group, which was unable to negotiate new financing. Triangle Capital Group, a New York City-based real estate firm, took over the 39-story building in early November after negotiations with lenders that had foreclosed on … Read more