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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...
Richard Carmouche beginning second phase of Dawson Bluff Townhomes
Local developer Richard Carmouche obtained permits last week to begin the second phase of Dawson Bluff Townhomes in The Grove mixed-use development. The homes will be built by Alvarez Construction.
Art Lancaster buys shopping center near Amazon fulfillment center site
A company represented by local developer Arthur Lancaster bought the Monterrey Plaza Shopping Center near the future Amazon fulfillment center on Florida Boulevard for $1.65 million on Monday.
LEWCO Specialty Products buys warehouse property on North Ardenwood
LEWCO Specialty Products, an industrial equipment supplier in Baton Rouge, bought property on North Ardenwood Drive for $1.8 million, according to a land deal...
‘Legal business’ will fill Chase South Tower space as Chase Bank consolidates
More big changes are coming to the Chase South Tower as a new business plans to move into the vacant office space on lower floors.
Demand for Baton Rouge office leases returns
Demand for office leases have picked up in the Baton Rouge market in recent months as companies become more comfortable making deals.
Affordable Dentures building on South Sherwood Forest sells for $2.9M
The building on South Sherwood Forest Boulevard where Affordable Dentures is located was sold recently for $2.9 million to out-of-state investors.
Shreveport investment firm purchases three Baton Rouge health care properties
FDL Health Investors, an investment firm based in Shreveport, purchased three health care properties in Baton Rouge on Tuesday.
Elite Training Academy opening new facility on Burbank and Lee
Elite Training Academy, a high school and collegiate athletic training organization based in Baton Rouge, is planning to open a facility on Burbank and Lee Drives in early 2023.
