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Single family: Strength in numbers
The residential sector is hot and experts say rising rates and higher prices won’t be enough in the short term to chill the market.
Residential trend: A demanding situation
The cost of buying a home is making entry-level ownership unaffordable for many, which is now putting upward pressure on rent rates.
Multifamily: A quick pivot
Demand for apartments is suddenly surging, countering years of warnings about an overbuilt market, but will the boom last?
Commercial: A seismic shift
The pandemic upended the office market and even as business gets back to normal changes are still happening.
Commercial: Class A office space
A listing of the available multistory Class A office buildings in the Baton Rouge market.
Retail: On the rebound
Retail was the hardest-hit segment during the pandemic but the sector is rebounding as investors look to purchase properties in a tight market.
Industrial: In need of supply
The industrial sector is significantly underbuilt in the region, making it harder for companies to expand or be recruited to the market.
Adjustable rate mortgages draws rising interest from homebuyers
The average fixed rate on a 30-year mortgage is 5.09%, up from below 3% in November and the highest it’s been since 2018, according to the Federal Reserve Bank of St. Louis.
Zachary apartment complex sells to Florida investment firm
Louisiana-based property development firm CST Multifamily Real Estate Services LLC today announced it has sold The Palms at Sunset Lakes apartment complex in Zachary
Vacant homes in Capital Region just above national average
About 1.4% of the homes in the Baton Rouge metro area are vacant, which tracks closely with the national average of 1.3%, according to a real estate data firm.
Developer of The Main Lobby planning Mid City rooftop bar
The Baton Rouge investor behind downtown’s The Main Lobby is planning another rooftop bar and lounge for Mid City,
Livingston Parish builders hope for shorter moratorium than in Ascension
The building moratorium in one of the Capital Region’s main housing markets is ending, while another is just beginning.
Why right now might be a good time to look for office space
Many companies are sitting on their hands while figuring out how much office space they will actually need in a hybrid work environment. But...
Home listings jump as sellers race against a softening market
The supply of homes for sale jumped 9% last week compared with the same week one year ago, according to Realtor.com.
Provident Realty purchases 66 acres in Geismar for distribution warehouse
Provident Realty Advisors on Wednesday announced it has purchased 66 acres in Gateway Industrial Park in Geismar, for an undisclosed price.
Provident Realty plans to...
Developer interest rising on speculative industrial warehouse space
The Capital Region has very few available spaces for industrial tenants, which is great for landlords but can also limit the local economy’s growth.
New Orleans developer files $40M permit for new Rouzan apartments
New Orleans developer Key Real Estate Company filed a $40 million permit Tuesday to construct apartments in the Rouzan neighborhood.
Sonic property at Government and 10th sells for $2.6M
The Sonic Drive-In at Government and 10th streets was sold to a California-based LLC for $2.6 million on Monday
Ochsner opening new clinic in former Pearson’s Luggage space this fall
Ochsner Health today announced it will open its new Ochsner 65 Plus–Bocage this fall in the former Pearson’s Luggage and Gifts space.
D.R. Horton pays $4.4M for lots in planned Old Jefferson Highway subdivision
D.R. Horton bought 53 lots in Heron Pointe, a planned subdivision off Old Jefferson Highway, for $4.4 million on Friday.
