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Embassy Suites Going for $20M

Embassy Suites Going for $20M

FelCor Lodging Trust Incorporated, an Irving, TX-based REIT boasting a portfolio of primarily upper-scale and luxury hotels located in major or resort markets, has announced entering an agreement to sell the 223-key Embassy Suites Baton Rouge for $20 million in a transaction expected to close by the end of…

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LSU’s Tiger Stadium

LSU’s Tiger Stadium

Collegiate football is well on its way of becoming scarier than ever before. Louisiana State University has recently released a slew of photographs documenting the fluid progression of the expansion work at Tiger Stadium, also known as “Death Valley” in the world of sports, due to its intimidating and…

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Tiger Manor Upgrades Complete, Vacancy Goes Down

Tiger Manor Upgrades Complete, Vacancy Goes Down

Covington-based Stirling Properties LLC has announced completing upgrades and maintenance work at Tiger Manor, the 287-unit multifamily development at 3000 July Street, just across the northern gate of the Louisiana State University (LSU) campus.…

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Gov. Jindall Signs Legislation Providing $251M for 29 Education Construction Projects

Gov. Jindall Signs Legislation Providing $251M for 29 Education Construction Projects

Gov. Bobby Jindal was joined by supporters, advocates and leaders of community at the Alexandria Campus of the Central Louisiana Technical Community College to sign into law Louisiana Senate Bill 204 (SB 204), announced the Louisiana Community and Technical College System (LCTCS).…

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14-Story Office Tower Sold; Energy-Efficient Affordable Housing Opens

14-Story Office Tower Sold; Energy-Efficient Affordable Housing Opens

Dean Tower, formerly known as the Republic Tower, located on Florida Boulevard at Cloud Drive, has been sold.…

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Lightstone Buys Baton Rouge Hotels for $15.6M

Lightstone Buys Baton Rouge Hotels for $15.6M

Lightstone Value Plus Real Estate Investment Trust, Inc. (LVPR) has recently acquired two Baton Rouge hospitality assets, paying $15.6 million for two Marriott-branded hotels: a Courtyard by Marriott hotel and a Residence Inn by Marriott property.…

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$17M Hampton Inn & Suites Baton Rouge Downtown Opens

$17M Hampton Inn & Suites Baton Rouge Downtown Opens

After experiencing some delay, the 137-key Hampton Inn & Suites Baton Rouge Downtown is finally set to open.…

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Local Hotel Rebrands; $55M IBM and Residential Complex Being Developed

Local Hotel Rebrands; $55M IBM and Residential Complex Being Developed

Magnuson Hotels, one of the top global hotel chains has announced six formerly Wyndham franchised hotels converting to the Magnuson Hotels brand.…

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LSU’s Nicholson Gateway Moving Forward; New Affordable Housing Opens

LSU’s Nicholson Gateway Moving Forward; New Affordable Housing Opens

The Nicholson Development Plan was recently put to the vote and the Louisiana State University (LSU) Board of Supervisors unanimously approved it.…

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131-key Hotel Picked Up by CWI, Goes Under HRI Management

131-key Hotel Picked Up by CWI, Goes Under HRI Management

New York-based Carey Watermark Investors Incorporated (CWI) recently announced the acquisition of a five-property Hilton-branded hotel portfolio from Fairwood Capital, LLC-managed entities.…

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$3.5M Repentance Park Set for February Opening

$3.5M Repentance Park Set for February Opening

The wait for the highly anticipated Repentance Park, a stunning public open space will soon be over, announced the Downtown Development District of Baton Rouge.…

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182-Unit Multifamily Complex Planned, LSU Foundation Considers New HQ at Nicholson Gateway

182-Unit Multifamily Complex Planned, LSU Foundation Considers New HQ at Nicholson Gateway

Zachary, LA might see some new multifamily development in the near future, as a permit application has been filed for a 182-unit apartment complex between Barsket Road and Bur Oak Drive, on Mount Pleasant Zachary Road…

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