Dean reviewing offers for B.R. properties

Bob Dean is reviewing the results of an auction of some of his Baton Rouge holdings and he’ll decide by Friday if he will accept the high bids. Amanda Viles, a spokeswoman for Williams & Williams, the firm that handled the auction last week, says Dean has until the end of the week to decide if he’ll accept the bids. Viles says Williams & Williams was pleased with the auction activity and that bids were placed on every one of Dean’s properties. The nominal bid of $500,000 was placed on the Dean Tower on Florida Boulevard, the Regions Bank building downtown and the Commerce Building on Laurel Street. Dean was selling those properties, along with two warehouses on Choctaw Drive, 77 acres of undeveloped land in Zachary and a house downtown. Two of Dean’s nursing homes, in Lake Charles and Opelousas were listed at absolute auction. If Dean accepts the high bids, it will take about 30 days to close on the sales. Dean is also reviewing bids on some properties in Natchez, Miss., which Williams & Williams also auctioned last week.