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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.
Tupac de la Cruz and investors buy South Park Apartments
Baton Rouge-based Zurqui LLC bought the South Park Apartments on Southpark Drive for $3.1 million on Friday.
Baton Rouge-area foreclosure filings up nearly 250% from a year ago
Foreclosure filings in the Baton Rouge area were up more than 246% in April compared to the same time last year, when the federal government had a foreclosure moratorium in place.
Office park off Coursey Boulevard expanding
A new office building is being constructed in Market Plaza off Coursey Boulevard, according to a $355,000 permit filed earlier this month.
East Baton Rouge Parish School Board buys Rieger Road property for $8.5M
The East Baton Rouge Parish School Board bought a large vacant lot on Reiger Road near Siegen Lane and Interstate 10 for $8.5 million
Is it a good time to buy a house? Gallup poll says most are...
Thirty percent of U.S. adults say it is a good time to buy a house, down 23 percentage points from a year ago and the first time the figure has been below 50% in more than 40 years, according to a new report from Gallup.
The Bluffs on Thompson Creek under contract to local real estate agent
Millard Callicott, an agent with Saurage Rotenberg Commercial Real Estate has The Bluffs on Thompson Creek property under contract.
Could vacant homes alleviate the Capital Region’s housing crunch?
Vacancy rates across the Baton Rouge metro region are higher than the national average, but many of those dwellings aren’t suitable for residents, at least not yet.
DSLD buys residential lots in Bellegrove Square for $8M
DSLD Homes purchased 118 residential lots Friday in Bellegrove Square, a planned development at the intersection of Burbank Drive and Bluebonnet Boulevard, for $8 million from Dantin Bruce Real Estate.
