Home Bank, NORA, and Stonehenge Capital -collaborate in redevelopment of the historic Dew Drop Inn - located in New Orleans, LA
Dew Drop Inn: Home Bank, the New Orleans Redevelopment Authority and Stonehenge Capital collaborate in the redevelopment of the historic Dew Drop Inn. Acting as lender and tax credit investor counsel, Megan Riess and Chris Wootten handled the transaction, which utilized state and federal new markets, state and federal historics, Community Development Block Grants and commercial bridge and permanent debt.
NORA partners with the City of New Orleans, the Industrial Development Board of New Orleans, and Bayou Phoenix developer, to redevelop former Six Flags Site in New Orleans East
NORA partners with the City of New Orleans, the Industrial Development Board of New Orleans and Bayou Phoenix developer to redevelop the former Six Flags Site in the New Orleans East neighborhood. NORA will administer the development agreement with Bayou Phoenix and act as long term ground lessor to the private developer. Megan Riess served as representation for NORA.