Real Estate

Capital Region’s ‘seriously underwater’ mortgage rate well above national average

More than 11% of the homes with mortgages in the Baton Rouge area are seriously underwater, compared to a national average of just under 3%, a new report shows.

Dantin Bruce planning 324-unit apartment complex on Bluebonnet near Celtic

Dantin Bruce Development is planning a 324-unit apartment complex on Bluebonnet Boulevard near Celtic Drive, documents submitted to the Planning Commission show. 

Beauregard Town historic district designation up for debate this month

Beauregard Town, one of Baton Rouge’s oldest neighborhoods, would become the city’s third local historic district under a proposal the Planning and Zoning Commission is scheduled to take up this month. 

South 15th Street apartment complex sells for $1M

Apartments on South 15th Street between Myrtle Walk Street and Terrace Avenue have sold for $1 million

BRG seeks rezoning for potential office near proposed Midway Connector

Baton Rouge General Medical Center is seeking to rezone an undeveloped residential tract near its Bluebonnet Boulevard campus to allow for medical offices

Veterans health care bill includes $29.5M for new Baton Rouge VA clinic

Federal legislation calling for a major expansion of veteran health care benefits also authorizes the Department of Veterans Affairs to spend about $29.5 million to establish a new Baton Rouge outpatient clinic.

Real estate investors purchase 21 condos in south Baton Rouge

The Lakes at Bluebonnet LLC, a condominium complex across from La Carreta on Bluebonnet Boulevard, sold 21 units to Lewis Tec VI LLC in a deal worth more than $3 million, according to land records filed with the East Baton Rouge Parish Clerk of Court’s Office.

Wong restaurant family buys self-storage facility for $1.25M

Aubin Lane Self Storage LLC has sold for $1.25 million to Wong Cubes LLC,...

Benny’s buys land next to Rouses in Zachary for car wash

Benny’s has paid $2 million for about 12 acres next to the Rouses Market on Church Street in Zachary. 

LSU-area apartments sell to New York-based investor   

Four Gaslite apartment complexes near the LSU campus have sold, according to documents filed with the East Baton Rouge Parish Clerk of Court’s Office.