Commercial and residential real estate across the Capital Region — development projects, property sales, construction, and the market trends driving them.
Despite a large number of white collar workers across the country becoming hybrid workers, there hasn’t been an equivalent drop in demand for office space.
A Planet Fitness franchisee, Mississippi-based DKW Properties, bought the former Furniture Mart location on Airline Highway near the future home of the Amazon fulfillment center at the former Cortana Mall site.
Two developments, a recently opened charter school and a planned apartment complex, both totaling $125 million, are the newest tenants of Howell Place, Richard Preis’s development on Plank Road.
Multifamily and net lease retail properties have garnered more interest from investment firms in recent months due to pandemic concerns, and their popularity may stick through 2022.
Baton Rouge saw an increase in home sales but a decrease in listings in December, continuing the trend of the past few months, according to the latest report from the Greater Baton Rouge Association of Realtors.
Average long-term U.S. mortgage rates jumped again this past week, reaching their highest level since March 2020, just as the coronavirus pandemic was breaking in the U.S.