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Tech incubator eyes possible lease at downtown’s State National Life building
The Research Park Corporation, which runs the Nexus Louisiana tech firm incubator on Florida Boulevard, is looking into leasing space at the State National...
Higher mortgage rates setting stage for housing market slowdown
Low mortgage rates have helped juice the housing market over the past decade, easing the way for borrowers to finance ever-higher home prices.
Me-Moe’s Lawn and Landscape opening first retail location
Me-Moe’s Lawn and Landscape is opening its first retail nursery, called Plant Barn Baton Rouge, on Valley Street.
Baton Rouge rents rise 9% since start of pandemic
Rents continue to rise at the fastest pace in decades, making housing costlier than ever for many Americans. In East Baton Rouge Parish, the...
Capital Region homes sales down, prices up amid tight supply
Fewer homes were sold in the Capital Region in March compared to a year ago, while the average sales price continued to rise, according to the latest report from the Greater Baton Rouge Association of Realtors.
Residential development will replace Five Guys building in Towne Center
A two-building residential development, The Standard at Cedar Lodge, will replace a building housing Five Guys and Zea Rotisserie and Bar in Towne Center.
Spires of Sherwood apartment complex sells for $9.7M
The Spires of Sherwood apartments were bought by a New Jersey-based investment group for $9.7 million on Wednesday.
United Community Bank buys former Capital One building on Bluebonnet
United Community Bank bought the former Capital One building on Bluebonnet Boulevard for $1.9 million on Tuesday and will open its second Baton Rouge location in the space.
Colorado company buys Scotlandville mobile home park for $5.9M
Colorado-based mobile home acquisition company GoFresh Homes bought Leo’s Mobile Home Park for $5.9 million on Tuesday.
Planned half-mile road will open 200 acres for Ardendale project
An estimated $4 million new road connecting North Ardenwood Drive to Lobdell Boulevard will open up 200 acres to build the Ardendale community, the Baton Rouge Area Foundation announced today.
DSLD buys 158 Lake Haven subdivision lots for $8.3M
DSLD Homes bought 158 lots from America Homeland LLC for $8.3 million for the Lake Haven subdivision, according to documents filed with the East Baton Rouge Parish Clerk of Court’s Office on Friday.
Downtown spaces staying on market longer as investors flock to other areas
Downtown Baton Rouge spaces for lease or sale are staying on the market a bit longer as investors pay more attention to areas of town with more open space such as garden offices.
Home price growth outpacing wages in Capital Region
The average wage earner in the Capital Region’s three biggest housing markets still can qualify to buy a house, though that may change as prices continue to rise faster than wages, a new national report suggests.
Rising prices and rates deliver blow to Baton Rouge housing affordability
For the first time in more than 40 years, home prices and mortgage rates are rising at the same time. A low supply of homes coupled with measures by the Federal Reserve to stem inflation are driving both home prices and mortgage rates up, respectively.
Downtown Holiday Inn Express closes abruptly
Guests at the downtown Holiday Inn Express on North Boulevard were shocked when the hotel closed with no warning and canceled all reservations last...
Investment company purchases two Baton Rouge self-storage facilities
A New York-based investment company purchased two Baton Rouge Mini Storage facilities Monday, one on Greenwell Springs Road for $3.1 million and one on Airline Highway for $5.7 million.
Convenience store property on Jefferson Highway sells for $5.3M
California-based investment company Ruffner Properties bought the convenience store property at 8967 Jefferson Highway for $5.3 million on Thursday.
New dog park and sports bar concept planned for Burbank Drive
A new dog park and sports bar concept called Tailgates is planned for space in between The Oasis, soon to be The Shed, and Ben Hur Road.
Corporate Realty opening first Baton Rouge office
New Orleans-based Corporate Realty is opening its first Baton Rouge office, at One America Place downtown.
Hot housing market creates equally hot real estate jobs market
Despite a sharp rise in mortgage rates, U.S. housing market activity continues to sizzle, and—at least through March—generate new jobs each month.
There are now...
