Quorum was engaged in 2000 by the majority partner to replace the developer of this 3-hotel, $300 million, 800-key complex under construction in New Orleans, Louisiana. Quorum assumed the role of General Partner and supervised the completion of construction and the opening activities of the Ritz-Carlton Hotel Company. Since opening, Quorum has been tasked with the enormous rebuilding process in the aftermath of Hurricane Katrina and the coordination of ownership's $100M insurance claim. The complex successfully re-opened in December 2006. Quorum continues to asset manage the activities of Ritz-Carlton.
