This blurb caught my attention in the article:
"The construction projects include renovations to the former Stephens garage, on the fringe of the Warehouse District, and converting New Orleans' oldest skyscraper, the 115-year-old Latter & Blum building at 800 Common St., into apartments, offices and retail space.
Wisznia, in an interview, declined to discuss the specifics of the loans, although he acknowledged that he approached the pension fund's board to secure the money. Construction on the garage site, built in 1951 as a Buick dealership, is set to begin this year, a $38 million project that will give rise to 65 apartments and 15,000-square-feet of retail or commercial space.
The 11-story, 130,000-square-foot Common Street skyscraper was converted into 105 apartments, with commercial and office space occupying the first two floors, at a total cost of about $38 million. Most of the building has been leased since it opened earlier this year, Wisznia said. "
http://www.nola.com/business/index.s...unds_habi.html
Also, regarding Lakewood Golf Club:
"Their expansion of the club stalled in the wake of Hurricane Katrina, but a $12 million course refurbishment came together in 2009 with the help of acclaimed golf architect Ron Garl. Now, the fund board is moving ahead with the next phase of development, with plans underway to develop the property into an upscale resort, including golf villas, a luxury hotel, condominiums and more, putting the overall price tag at around $200 million."