Who’s paying the rent?
The Capital Region apartment market is becoming more competitive, especially at the high-end level.
Have the high gas prices affected your Fourth of July weekend plans?
BusinessReport.com
Saturday, July 05, 2008
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Brian Andrews: Bad news not over for large banks
It was hoped that the large New York and other money center banks had recognized their losses and found the bottom of the profit barrel, but it now looks like there is another wave coming.
Subcontractors protest at Perkins Rowe
The owners of a local painting and drywall business were picketing at Perkins Rowe on Monday afternoon, saying they are owed more than $7,800.
Poll: Readers split on Briarwood use
Real Estate Weekly readers are split on what Woman's Hospital should do with the part of Briarwood Golf Course that won't be taken up by its new medical campus.
Tom Cook: Select Building Systems buys land
Select Building Systems, the parent company of Big Eazy Development, purchased a 1.92-acre site on La. Highway 30, just south of the Tanger Outlet Center in Gonzales.
Real estate recap: Two LSU-area apartment complexes change hands; Kress filling up; Southdowns Village gets artsy
New owner for University Crescent and Burbank Commons: An Austin, Texas-based student housing developer has taken over the University Crescent and Burbank Commons apartment complexes as part of a $1.4 billion deal.
Number of million dollar listings continuing to rise
In January 2005, when former LSU football coach Nick Saban put his home on the market for $3.25 million, there were 15 homes in metro Baton Rouge with an asking price of more than $1 million.
Port Allen property sold for bank branch
Investar Bank has purchased a .73-acre site along La. Highway 1 in Port Allen and plans to open its second branch there in early 2009.
Brian Andrews: Prime rate likely to remain unchanged
The Federal Reserve meets this week to decide whether to raise the target rate from the current 2% level or leave rates where they are for now.
Real estate recap: Woman's looking at options for Briarwood land; developers buy Walker site for shopping center; more hotels coming to WBR
TND, big-box store under consideration: Woman's Hospital is looking at several uses for 125 acres next to its new campus under construction on the site of the Briarwood Golf Course.
Tom Cook: Roman's gets new owner
Roman's Lebanese Greek Market at 5350 Government St. has a new owner.
Poll: Most see home prices staying roughly the same
Even though home sales are slowing down in the Capital Region, most Real Estate Weekly readers don't forecast a price drop.
Developer: 70% of the Crescent sold
Contracts have been signed for 115 of the 165 condominium units in the Crescent, the $80 million development on Stanford Avenue across University Lake from LSU.
Assessments up 32.6% parishwide
The value of East Baton Rouge Parish property has increased 32.6% in the past four years, Assessor Brian Wilson says.
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