Business News

D.R. Horton buys 59 lots in Villas at Oak Bend development for $4M

Homebuilder D.R. Horton Inc. has purchased 59 lots in the Villas at Oak Bend development for $4 million, according to documents filed with the East Baton Rouge Parish Clerk of Court's office.

Just how many college graduates is Louisiana losing to Texas? 

Louisiana’s nine largest metropolitan areas lost a net 317,500 residents from 2005 to 2020, according to further analysis of the data conducted by the Manship School News Service.

How managers can build loyalty with contractors and suppliers 

At a time when limited manpower, accelerated schedules and increasing construction volumes are in...

COMPOUND INTEREST

The estate of Bubba Lewis, with nearly 15 acres of prime real estate, is for sale, raising the question of what the eventual buyer will do with the property.

Real Estate Report: Calming waters

Post-pandemic challenges have largely dissipated and the broad Baton Rouge real estate sector has stabilized, though high interest rates are a concern.

Single family: A hot market chills

Rising interest rates are slowing sales but the residential real estate market remains healthy, though no longer a seller's paradise.
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Multifamily: Demand keeps meeting a growing supply

Despite warnings of an overbuilt market, the Baton Rouge apartment sector remains steady as new units keep coming online.

Commercial: Changing dynamics

An already oversupplied office market is going through a transformation as tenants are asking for less space and friendlier lease terms.

Retail: Uneasy, but holding steady

Though facing a variety of economic pressures, the retail sector remains stable thanks to landlord flexibility and strong consumer spending.

Industrial: Tight supply, high demand

The volume and velocity of deals in the industrial sector are expected to remain low in 2023, while lease prices will remain high.