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Apartment complexes in north BR sell for $3.6M

A Connecticut-based realty group has purchased three apartment complexes in north Baton Rouge for $3.6 million, according to land records filed with the East Baton Rouge Parish Clerk of Court today. Included in the sale are the Oak Village...

DATE: August 26, 2014 | CATEGORY: Daily Report

Cook: Geaux Clean car wash buys Prairieville site for new location

Cook: Geaux Clean car wash buys Prairieville site for new location

Geaux Clean Express Car Wash has purchased a 1.75-acre site in Prairieville to build its third automated car wash in the Capital Region. The property is located just off La. 73 near the Interstate 10 interchange, directly behind the Simpson...

DATE: August 26, 2014 | CATEGORY: Daily Report

Andrews: Hurricane preparedness starts with planning

Andrews: Hurricane preparedness starts with planning

As we approach the ninth anniversary of Hurricane Katrina and having just avoided another tropical storm invading the Gulf, it is probably worthwhile to consider plans for how we would handle our real estate businesses if we were hit by another...

DATE: August 26, 2014 | CATEGORY: Daily Report

Capital Region home sales rise 2% in July

Home sales in the eight-parish Capital Region rose 2% in July compared to the same month last year. According to the latest monthly report from the Greater Baton Rouge Association of Realtors, released this afternoon, home sales totaled 856 last...

DATE: August 25, 2014 | CATEGORY: Daily Report

Estate Planning Mistakes Every Boomer Should Avoid

DATE: August 22, 2014 | CATEGORY: News

Clements puts 32 acres at River Park on the market

Developer Pete Clements says he is negotiating with two national real estate developers, both of whom are interested in buying large tracts of his planned River Park development and building apartments at the site near Hollywood Casino. Clements...

DATE: August 22, 2014 | CATEGORY: Daily Report

'Daily Report' Week in Review: New planning director tackling BR zoning code, survey bodes well for BRAVE and much, much more

At its regular weekly meeting, the Planning Commission gave Planning Director Frank Duke—who has been on the job since mid-June—the green light

DATE: August 22, 2014 | CATEGORY: News

DSLD buys lots for Magnolia Lakes, Lake at Anselmo subdivisions

Denham Springs-based home builder DSLD has purchased additional lots for the third filings of two separate subdivisions in the Capital Region. DSLD bought 50 lots for the Magnolia Lakes subdivision off of Burbank Drive for $2.4 million from Magnolia...

DATE: August 20, 2014 | CATEGORY: Daily Report

Andrews: Changing down payment requirements are good, bad news

Andrews: Changing down payment requirements are good, bad news

Prospective homebuyers recently got a good news-bad news sort of report from Bloomberg. The bad news is that homebuyers are faced with higher down payment requirements to qualify for mortgages these days, delaying the ability for many potential...

DATE: August 19, 2014 | CATEGORY: Daily Report

Developers say reducing Government Street to three lanes won't hurt Mid City businesses

Laurence Lambert with Stantec, a development firm working with the city-parish and state to reduce Government Street from four to three lanes,...

DATE: August 19, 2014 | CATEGORY: Daily Report

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