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BR hotel included in $1.1B portfolio sale, to be fully renovated

The Homewood Suites by Hilton in Baton Rouge is one of 52 hotels included in a $1.1 billion portfolio sale that Inland American Real Estate Trust Inc. has entered into with a joint venture by affiliates of Northstar Realty Finance Corp. and Chatham...

DATE: October 24, 2014 | CATEGORY: Daily Report

'Daily Report' Week in Review: Metro Council OK's more annexations, while St. George proponents submit petition signatures, and much, much more

'Daily Report' Week in Review: Metro Council OK's more annexations, while St. George proponents submit petition signatures, and much, much more

Big developments took place this week in the ongoing effort by some in the southeast portion of unincorporated East Baton Rouge Parish to incorporate a new city of St. George.

DATE: October 24, 2014 | CATEGORY: Daily Report

News roundup: BR mobile home park sells for $800K … CATS ditches limitations on Touchdown Express sales … Chevron, BP and Venari strike 'significant oil pay' off La. coast

It's a deal: Old Southern Residential Park, a mobile home park situated on 4.5 acres at 8261 Airline Highway, near the intersection of Florida Boulevard, sold to Baton Rouge-based SAMCO Properties LLC for $800,000, according to...

DATE: October 23, 2014 | CATEGORY: Daily Report

Jones Creek Road apartments to undergo $5.8M addition

Jones Creek Road apartments to undergo $5.8M addition

The Ivy Park apartments, a luxury apartment complex at 6444 Jones Creek Road, will undergo a $5.84 million addition that will tack on 68,810 square feet and 60 apartments. Ivy Park is owned by Key Real Estate Co., a New Orleans company that owns and...

DATE: October 22, 2014 | CATEGORY: Daily Report

Office building on South Sherwood sells for $750K

A fully leased building in the CreekStone Office Park on South Sherwood Forest Boulevard has been sold for $750,000 to 11410 Lake Sherwood North LLC, the sole member of which is attorney Daniel Holliday, according to records filed with the East...

DATE: October 21, 2014 | CATEGORY: Daily Report

Tigerland property owners meet with officials to work on neighborhood cleanup

A group of some two dozen business and property owners in Tigerland is meeting this afternoon with Metro Councilman John Delgado, State Rep. Pat Smith, representatives from the Baton Rouge Police Department and other city-parish leaders to come up...

DATE: October 21, 2014 | CATEGORY: Daily Report

Area home sales relatively flat in September, but prices up

Area home sales relatively flat in September, but prices up

Eight fewer homes were sold in September this year than were sold during the month last year, a decline of about 1%, according to the latest monthly report released today by the Greater Baton Rouge Association of Realtors. A total of 725 homes were...

DATE: October 21, 2014 | CATEGORY: Daily Report

Andrews: Changes to USDA single-family eligibility maps delayed

Andrews: Changes to USDA single-family eligibility maps delayed

The U.S. Department of Agriculture has a popular rural development loan program that provides mortgage financing in rural areas around the country. Property eligibility is determined by the USDA and posted to the USDA website from time to time.

DATE: October 21, 2014 | CATEGORY: Daily Report

Cook: Benny's buys Siegen site for seventh car wash

Cook: Benny's buys Siegen site for seventh car wash

Well-known carwash operator Benny Alford has purchased a tract on Siegen Lane just north of Perkins Road for the construction of his next automated tunnel car wash facility. Alford purchased the roughly 2.1-acre site on Oct. 8 for $775,345.20, or...

DATE: October 21, 2014 | CATEGORY: Daily Report

Group of investors begins push to redevelop Mid City homes

Group of investors begins push to redevelop Mid City homes

Developer Derek Fitch has only just wrapped up his latest project downtown, the Jolie Pearl Oyster Bar across North Boulevard from Galvez Plaza, set to...

DATE: October 21, 2014 | CATEGORY: Daily Report

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