The Marquis Apartments is a 250-unit multifamily community positioned just outside the New Orleans Central Business District, offering residents proximity to the city's employment and cultural core with the scale and unit diversity of a suburban-style asset. Spanning three buildings, the property features a broad mix of one, two, three, and four-bedroom floor plans, including a meaningful component of larger units well suited to families and roommate households, a segment often underserved in the urban core. Of the 250 units, 103 are income-restricted to households earning between 30% and 60% of Area Median Income, while the remaining 147 are unrestricted market-rate apartments.​

VPG acquired the property in March 2025 and has since completed a comprehensive capital improvement program spanning the leasing office, unit interiors, building exteriors, and site infrastructure. With the business plan fully executed and stabilization achieved in Q1 2026, The Marquis stands as a proven, fully repositioned asset, a clear demonstration of VPG's ability to acquire, transform, and stabilize multifamily communities on schedule.​