Greystone provided a $40 million loan for the acquisition of 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. Located at 3301 W. Esplanade Ave N., The Lumiere is a 336-unit luxury apartment community situated on a 7.34 acre site comprising 20 buildings. Amenities at the property include a swimming pool, BBQ grill area, package center, clubhouse, and fitness center. The property received a Green Building Certification in May 2022.
The Lumiere
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Property Type
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Loan Amount$40,020,000
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Financing Option