New Orleans developer pays $7M for Rouzan site to develop multifamily complex

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New Orleans-based Key Real Estate Company has acquired a 4-acre tract in Rouzan from developers John Engquist and Charles Landry for $7 million, and plans to develop a $50 million, mixed-use, multifamily project on the site. The deal, which has been in the works since a purchase agreement was signed in February, closed Monday. Plans

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