Real Estate

Plans in the works for townhome development near Millerville and I-12

Plans are underway for a 73-unit townhome and garden home project near the intersection of Millerville Road and Interstate 12.

Fannie Mae and Freddie Mac to back mortgages topping $1M in high-cost areas 

For the first time, the federal government is going to start backstopping mortgages of more than $1 million in high-cost housing markets like California and New York.  

Former Hancock Whitney branch on Industriplex sells for $800,000

Hancock Whitney Bank's former branch on Industriplex Boulevard has sold for $800,000, according to documents filed with the East Baton Rouge Parish Clerk of Court's office.

Baton Rouge shared workspace The Brewery readies for opening

So she decided to open The Brewery, a facility containing collaborative workspaces and meeting rooms.

Redevelopment of vacant downtown building on Lafayette shelved

A long-vacant shell of a building in a high-profile section of downtown Baton Rouge is back on the market after the developer decided he couldn’t bring it back into commerce for a price that makes sense. 

Developer buys land near Amazon’s Cortana site for new Starbucks

New Orleans-based Dorsey Development has purchased land next to the Raising Cane's on Florida Boulevard, which is also near the site of the Amazon fulfillment center now under construction. Plans are to build a Starbucks at the location.

More US homebuyers turning to adjustable rate mortgages

Mortgage rates are more than double what they were a year ago, so many homebuyers are looking for ways to put off some of the pain for a few years.

Los Reyes Mexican Grill acquires ex-Caliente location, with plans to open in spring

Los Reyes Mexican Grill announced its acquisition of Caliente Restaurant’s former location on West Lee Drive and will reopen the site under its existing concept by spring 2023.

Row of three luxury downtown townhouses sells for $4M

Main Street Townhouses, a row of three luxury side-by-side townhouses on the corner of Main Street and River Road, has sold for $4 million,

Dantin Bruce buys land for Waters at Bluebonnet apartments for nearly $5.6M

Dantin Bruce Development has purchased 14.3 acres of undeveloped, forested land on Bluebonnet Boulevard for more than $5.57 million,