Economic Development

Real Estate Report: Lingering effects

Hot markets, fueled by limited supply and high demand, are the story with most real estate sectors, but rising interest rates and inflation are cautionary flags.

Residential trend: A demanding situation

The cost of buying a home is making entry-level ownership unaffordable for many, which is now putting upward pressure on rent rates.

Multifamily: A quick pivot

Demand for apartments is suddenly surging, countering years of warnings about an overbuilt market, but will the boom last?

Commercial: A seismic shift

The pandemic upended the office market and even as business gets back to normal changes are still happening.

Retail: On the rebound

Retail was the hardest-hit segment during the pandemic but the sector is rebounding as investors look to purchase properties in a tight market.

Industrial: In need of supply

The industrial sector is significantly underbuilt in the region, making it harder for companies to expand or be recruited to the market.
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Zachary apartment complex sells to Florida investment firm 

Louisiana-based property development firm CST Multifamily Real Estate Services LLC today announced it has sold The Palms at Sunset Lakes apartment complex in Zachary

Infrastructure investments highlight just-completed regular session

The Louisiana Legislature made significant infrastructure investments during the 2022 session, thanks to state surplus and federal dollars. 

Sen. Kennedy talks Ida recovery, oil lease delays, inflation  

U.S. Sen. John Kennedy fielded questions in Houma last Thursday at a luncheon hosted...

Nurturing diverse entrepreneurs is key to addressing business inequality  

The Ewing Marion Kauffman Foundation this month released a four-part strategy for reducing barriers...