Commercial and residential real estate across the Capital Region — development projects, property sales, construction, and the market trends driving them.
An estimated $4 million new road connecting North Ardenwood Drive to Lobdell Boulevard will open up 200 acres to build the Ardendale community, the Baton Rouge Area Foundation announced today.
DSLD Homes bought 158 lots from America Homeland LLC for $8.3 million for the Lake Haven subdivision, according to documents filed with the East Baton Rouge Parish Clerk of Court’s Office on Friday.
The Metro Council will introduce a resolution at its Wednesday meeting in support of Gov. John Bel Edwards’ proposal for dedicating $500 million in one-time spending for construction of a new Mississippi River bridge.
Downtown Baton Rouge spaces for lease or sale are staying on the market a bit longer as investors pay more attention to areas of town with more open space such as garden offices.
The average wage earner in the Capital Region’s three biggest housing markets still can qualify to buy a house, though that may change as prices continue to rise faster than wages, a new national report suggests.
For the first time in more than 40 years, home prices and mortgage rates are rising at the same time. A low supply of homes coupled with measures by the Federal Reserve to stem inflation are driving both home prices and mortgage rates up, respectively.
A New York-based investment company purchased two Baton Rouge Mini Storage facilities Monday, one on Greenwell Springs Road for $3.1 million and one on Airline Highway for $5.7 million.