Real Estate

Red Stick Brothers Properties buys 38 homes for $2.51M

Red Stick Brothers Properties has purchased 38 properties in north Baton Rouge for the sum of $2.51 million, according to records with the East Baton Rouge Parish Clerk of Court's office.

Swagelock purchases Interline Avenue facility for $3.75M 

Swagelock, a distributor and fabricator of industrial fluid system products, has purchased the facility on Interline Avenue where it operates for $3.75 million

Million-dollar home sales in Baton Rouge down 62% in August from year ago

Pending sales of Baton Rouge homes for $1 million or more are down 62% in August compared to the same month last year and down 4% year to date, listing service data shows. 

Combination office and warehouse space sells for $1.12M

A combination office and warehouse on Cloverland Court has sold to David and Marissa Hofstetter for $1.12 million,

Medical services facility on Airport Avenue sells for $5.9M to New York investor group

The property that houses Baton Rouge Vascular Access has sold to a New York investment group for $5.9 million

Remote work a key factor in driving up home prices 

The shift to working from home drove more than half of the increase in house and rent prices during the pandemic and will likely...

California investor buys Royal Palms Apartments for $30M

Royal Palms Apartments has sold for $30 million to California-based investor LTL Royal Palms-Baton Rouge DST, according to the East Baton Rouge Parish Clerk of Court's office.

​​Increasing commercial sales in EBR on pace to exceed $1B

Commercial real estate sales activity continued to increase through August in East Baton Rouge Parish despite higher interest rates, a new report shows. 

Office building on American Way sells for $1.87M

A multistory office building on American Way has sold for $1.87 million, according to records filed with the East Baton Rouge Parish Clerk of Court's office.
home

Dantin Bruce pays $4M for 21 acres to be developed into townhome subdivision

A 21-acre tract of land that will be developed into the 148-unit Cedar Grove Townhomes subdivision has been purchased for $4.02 million,

Home flipping in Baton Rouge up 155% since last year, but down in second...

Fix-and-flip investors have been relatively busy in the Baton Rouge area compared to last year, as home flipping increased more than 155%

Retail center under construction on Staring Lane

A retail center with space to house five tennants is under construction on Staring Lane next to the Domino’s Pizza south of Perkins Road.

Baton Rouge housing market remains strong for sellers

While homeowners around the country might be more inclined to rent rather than list their properties on the market right now due to a slowing housing market, that's not the case in the Capital Region.

Sales of existing US homes fell in August while prices grew more slowly 

Sales of previously occupied U.S. homes slowed in August for the seventh month in a row, as sharply higher mortgage rates and rising home...

Florida developer with Baton Rouge roots weighs options for vacant downtown building

Developer Larry Walsh says he’s about 80% sure he will close on the long-vacant shell of a building on Lafayette Street across from the Hilton Capitol Center that he recently put under contract for about $1 million. 

Eden Point apartments on Old Hammond sells for $11.3M to California investors

The Eden Point apartment complex has been sold to California investors for $11.3 million, according to documents filed with the East Baton Rouge Parish...

Edgen Murray’s Baton Rouge office sells for nearly $3.7M

Edgen Murray’s Baton Rouge office,18444 Highland Road, sold Friday in a $3.67 million cash sale, records show.  The tenant isn’t going anywhere, it will just...

George’s under the Perkins Road overpass sells for $540K; future plans unclear

George’s restaurant under the Perkins Road overpass has sold for $540,000 to Maestri Murrell Real Estate’s Benjamin Stalter, through his company WS Holdings LLC. Parties...

US homebuyers increasingly paying cash 

More homebuyers are paying cash and avoiding taking out mortgages, in what could be a longer-term structural change for the real estate market. 

Lancaster buys land for townhome subdivision on Industriplex for $1.96M 

An undeveloped, 8.53-acre space on Industriplex Boulevard behind Academy Sports on Siegen Lane has sold to Baton Rouge’s Arthur Lancaster for $1.96 million, according...