1st Lake Properties Company
1st Lake Properties
Since 1970, 1st Lake Properties has designed, developed, acquired, and managed over 9,500 apartment units in greater New Orleans, primarily in Metairie, Kenner and River Ridge.
We have recently added apartment properties throughout Southeast Louisiana in Baton Rouge and on the Northshore. We also have apartments in Ridgeland (Jackson) and Picayune, Mississippi, and plan to expand throughout the Gulf South.
Our commercial property division also manages a number of suburban office buildings, neighborhood retail shopping centers, warehouses, and self-storage buildings in the New Orleans area.
Who We Are
1st Lake Properties, Inc. and its affiliated companies are the largest developer and manager of multifamily communities in the state of Louisiana.
Specializing in higher quality properties in Louisiana and Mississippi, 1st Lake Properties apartment complexes are operated under the 1st Lake Properties management division. 1st Lake Properties, Inc. (“1st Lake”) is the property management affiliate. At 1st Lake, our first and foremost goal is: “To provide an ideal living experience for our residents through exceptional customer service and a commitment to the highest standards of quality.”
With this approach, 1st Lake has become synonymous with premier apartment living, earning a reputation as the leader in multifamily communities in the New Orleans market.
1st Lake Corporates, Inc. is the corporate housing division specializing in temporary, furnished apartments for extended stays of 90 days or more. Our corporate housing division will assist in locating the corporate residence or short term housing that will fit the needs of the client.
Our Property Management Team
1st Lake employs approximately 275 people to oversee the daily activities associated with property management. Most of its on-site apartment managers are Certified Apartment Managers (CAM), or candidates currently pursuing this National Apartment Association designation. We have consistently been recognized as one of the best places to work in New Orleans.
In addition to its on-site personnel, 1st Lake has a Property Supervisor and a staff of maintenance personnel possessing expertise in every aspect of property maintenance. 24-hour maintenance is available for emergencies.
We Build What We Lease
The overwhelming majority of our properties were designed by us, and built under our direct supervision. We build and maintain our properties to the very highest standards, because we don’t sell them. We know we will own them indefinitely. As a result, we understand our properties from the ground up, as only the original builder can.
We are a complete real estate development company with our own architectural, construction, and property management companies. From selecting desirable locations around the New Orleans area, to building with high-quality construction materials, 1st Lake Properties ensures complete control over all phases of design, development, operation, and maintenance.
MagnolaLiving
1st Lake Properties residential communities are characterized by:
Thoughtful site selection.
Meticulous construction supervision.
Unique design.
Lavish landscaping.
Superior amenities.
Stellar property maintenance.
Exceptional resident service.
We Live Here Too
Managing and maintaining a large real estate portfolio requires a great deal of time, attention to detail and hard work. Even the most obvious details can be easily overlooked, especially if your properties are spread out over wide areas. We work and live in the New Orleans area near our apartment properties. You can count on our long-term commitment. We are here to stay.
We’re Professionals
We’re proud to be members of the Chamber, the National Apartment Association, the Apartment Association of Greater New Orleans, Inc., the Multi-Family Council of Greater New Orleans and the National Association of Homebuilders. All of our General Managers hold the Certified Apartment Manager or Certified Apartment Property Supervisor designation from the National Apartment Association. Our principals have all held leadership positions in these industry organizations through two generations of participation.
Commercial Property
In addition to its main business – the development and management of apartments – 1st Lake’s affiliate companies develop and manage commercial, office, and self storage properties around the New Orleans area. Read more about our commercial property.
