Real Estate

Local investors purchase Richland Avenue apartments for $1.3M

The Richland Avenue apartment complex has been purchased by local investors for $1.3 million, according to documents filed with the East Baton Rouge Parish...

OLOL sells Lake Surgery Center for $8.95M

Our Lady of the Lake Regional Medical Center has sold the Lake Surgery Center on Perkins Road for $8.95 million, according to documents with the East Baton Rouge Parish Clerk of Court's office.

Mimosa Handcrafted moves to new Mid City location

Mimosa Handcrafted has outgrown its first storefront, The Mimosa Shoppette. The jewelry brand is making a small move to a new spot in the...

Spanish Town condo project gets OK from Historic Preservation Commission

The Historic Preservation Commission for East Baton Rouge Parish says a planned 45-unit condo development is appropriate for Spanish Town. 

LHC board approves $45M for Baton Rouge housing project 

The Louisiana Housing Corporation recently approved $45 million in bonds to develop the 170-unit affordable multifamily Cypress at Ardendale phase one complex north of Florida Boulevard in Baton Rouge. 

Sardi Isaza law firm opening office on Perkins Road 

Law firm Sardi Isaza, which caters to Spanish-speaking clients, has filed an occupancy permit for an office suite on Perkins Road near Wimbledon Avenue

Apartment complex on Arnold Lane sells for $900,000

A local investor has purchased Courtland Apartments for $900,000, according to the latest report from Elifin Realty.

Condo development with 45 units planned for Spanish Town

East Baton Rouge’s Historic Preservation Commission at its meeting tomorrow will review a 24-building, 45-unit condo development planned for Spanish Town.

Hampton Inn on Rieger Road acquired by American Liberty Hospitality for $10.25M

Houston-based hotel developer and operator American Liberty Hospitality has added Baton Rouge's Hampton Inn & Suites on Rieger Road
real estate

The chilling effect of rising rates on Baton Rouge real estate

Cheap money was fueling the nation’s economy before the pandemic. But over the past year, the Federal Reserve has been aggressively raising interest rates

Tax service relocating from Interline Avenue to Sherwood Commons Boulevard

Anointed Hands Tax Service LLC has purchased an office space in the Sherwood Common Office Center for $159,000
real estate

A seismic shift in real estate

The days of cheap money and a frenzied post-pandemic real estate market are over as the cooling residential sector swings toward buyers—if they can afford the mortgage.
The Spanish Moon

TILT buys The Spanish Moon with plans to turn it into its headquarters

Historic bar and music venue The Spanish Moon has been purchased for $385,000 by Baton Rouge design and branding firm TILT, Elifin Realty announced...

Local investors set to buy Bahamas resort

A holding company including Baton Rouge investors is set to buy Fernandez Bay Village, a small resort on Cat Island in the Bahamas.  Baton Rouge’s...

Fast Stop gas station on O’Neal purchased by Texas franchise for $4.86M

The owner and operator of a Texas-based franchise of gas stations has purchased his first Baton Rouge location, on the corner of O'Neal Lane...

Arzi’s Greek and Lebanese to open location on Jefferson Highway

A new Arzi's Greek and Lebanese Restaurant is coming to the Bluebonnet Crossing shopping mall, next to the CVS Pharmacy on the corner of...

Capital Region has highest rate of underwater mortgages in the nation

Capital Region homeowners are significantly more likely to be underwater on their mortgages than homeowners nationwide and less likely to have significant equity, according...

Plans submitted for a new subdivision off Coursey Boulevard

Real estate developer Bearing Point Properties has submitted preliminary plans for the construction of Showtown Cottages, a subdivision to be located behind the Walmart...

Former Billy Heroman’s Flowers shop on Lee Drive sells

The Former Billy Heroman's Flowers shop on Lee Drive has sold for $338,000, according to records filed with the East Baton Rouge Parish Clerk...

Former Chase Mid City branch sells for more than $900,000

The former Mid City branch of Chase Bank has sold for $913,000, according to documents filed with the East Baton Rouge Parish Clerk of Court's office.