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COMPOUND INTEREST
The estate of Bubba Lewis, with nearly 15 acres of prime real estate, is for sale, raising the question of what the eventual buyer will do with the property.
Real Estate Report: Calming waters
Post-pandemic challenges have largely dissipated and the broad Baton Rouge real estate sector has stabilized, though high interest rates are a concern.
Single family: A hot market chills
Rising interest rates are slowing sales but the residential real estate market remains healthy, though no longer a seller's paradise.
Multifamily: Demand keeps meeting a growing supply
Despite warnings of an overbuilt market, the Baton Rouge apartment sector remains steady as new units keep coming online.
Commercial: Changing dynamics
An already oversupplied office market is going through a transformation as tenants are asking for less space and friendlier lease terms.
Retail: Uneasy, but holding steady
Though facing a variety of economic pressures, the retail sector remains stable thanks to landlord flexibility and strong consumer spending.
Industrial: Tight supply, high demand
The volume and velocity of deals in the industrial sector are expected to remain low in 2023, while lease prices will remain high.
