New Orleans Four Seasons lands $315M loan from Madison Realty Capital

Developers of a Four Seasons property in the Big Easy are trumpeting the arrival of a massive loan from a New York-based real estate firm. Carpenter & Company and Woodward Interests scored $315.6 million to complete the renovation of the Four Seasons Hotels and Residences New Orleans at 2 Canal Street. Madison Realty Capital, which provided the loan, announced it this week. JLL Capital Markets’ Riaz Cassum and Henry Schaffer arranged the financing. The hotel