Deals - Baton Rouge
Songy Highroads Arrives in the Multifamily Market
Songy Highroads has made its first multifamily purchase with the acquisition of Jefferson Place's 136 rental units in Baton Rouge.
Commercial Properties Realty Trust Buys Downtown Baton Rouge Office Building for $2.2M
Commercial Properties Realty Trust, the real estate arm of the Baton Rouge Area Foundation, continues to be active on the Baton Rouge real estate market. After breaking ground on The Onyx Residences, the newest apartment complex in the city’s downtown, last week, the company has now acquired the office building at 500 Main Street.
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 the month.
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