Real Estate

Alvarez buys 38 lots in Central’s Settlement at Shoe Creek

Alvarez Construction bought 38 lots in the residential portion of Settlement at Shoe Creek,...

Low interest rates continue to prop up Baton Rouge home sales

While the coronavirus pandemic has done damage to many sectors of the economy, it hasn’t had a negative effect on residential real estate, at least not yet. On the contrary, home sale activity in East Baton Rouge Parish through July is slightly higher than it was for the same period in 2019 or 2018, according to an analysis of MLS data compiled by the Greater Baton Rouge Association of Realtors and provided by local real estate agents.

Parcel at Lane Regional Medical Center in Zachary sold to build nursing home

A 5-acre parcel at the Lane Regional Medical Center campus has been sold to be the site of a nursing home. As part of the deal, the nursing home company will manage the hospital’s current nursing home facility inside the hospital and construct and operate a new nursing home.

Tennessee-based investment group buys six Baton Rouge Popeyes sites

A Nashville-based investment group has scooped up six Baton Rouge-area Popeyes restaurant properties, but it's unclear whether CapitalSpring purchased the land to lease back to the franchisee or if it also acquired the businesses as well.

River Road developments see rise in homebuilding, recreational construction

Two developments along River Road—Cheval Point and Pointe-Marie—are seeing progress on single-family residential construction...

Ahead of holiday season, landlords prep for short-term leases

With the holiday season a few months away, local property owners and landlords say...

Downtown office building owners facing costly COVID-19 dilemma

While some downtown office building owners are weighing whether to pump more outside air...

Apartments next to LSU Nicholson Gateway sold to NOLA investors

The Ivy Courtyard Apartments, near the Nicholson Drive and Chimes Street intersection, has been...

Shutdown of rental assistance program hints at deepening housing crisis 

A state-run program designed to provide emergency rental assistance was so inundated with applicants it had to shut down after just two days, suggesting the massive crisis that housing advocates have been predicting could be coming soon.

Planning Commission to consider several residential requests

The Planning Commission is set to consider several requests tied to planned residential developments...