Business News

Breaking news, company moves, economic trends, and the deals shaping Greater Baton Rouge and the Capital Region.

Single family: Strength in numbers

The residential sector is hot and experts say rising rates and higher prices won’t be enough in the short term to chill the market.

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.

Commercial: Class A office space

A listing of the available multistory Class A office buildings in the Baton Rouge market.

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.
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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.

Gov. Edwards calls special session to redraw congressional maps 

Gov. John Bel Edwards today called a special session of Louisiana’s Legislature to redraw Louisiana’s congressional district maps to include two majority Black districts,

Small businesses struggle to deal with increasing cyberattacks 

Cyberattacks are becoming more common for small businesses, The Wall Street Journal reports. 

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
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