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re: A debt 'time bomb' looms for New Orleans' downtown office market

Posted on 3/21/24 at 9:53 am to
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41278 posts
Posted on 3/21/24 at 9:53 am to
quote:

The owner, Los Angeles-based Hertz Investment Group, said it is currently in talks with the lender to avoid foreclosure.



Same company that the city of Lake Charles sued a couple years ago because of the abandoned building downtown.
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