WHO ARE WE
CASTRO REAL ESTATE SERVICES WAS FOUNDED WITH THE GOAL OF HELPING CLIENTS WITH ALL THEIR REAL ESTATE NEEDS, ONE CLIENT AT A TIME.
How Realtors Get Paid
2020
In Business Since
262
Transactions
524
Clients Served
NEWS & RESOURCES
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Commercial
A snapshot of how the local commercial real estate market performed in May
By Jordan Arceneaux
he East Baton Rouge commercial real estate market saw an increase in sales volume for the third straight month in May, according to Elifin Realty’s latest data.
Sales increased significantly last month, with a 25.7% rise. The trailing 12-month total dollar sales volume was $542.7 million, up from $431.6 million at the end of April. Year-to-date sales volume reached $295 million through May, the area’s second-highest mark through the first five months in the last seven years.
Business Report
Residential
Local holding company acquires over 20 lots in Water’s Edge community
By Jordan Arceneaux
A Baton Rouge holding company has purchased 23 lots in the Water’s Edge residential development along Nicholson Drive.
Pavo Capital Inc., represented by Lee Foster, bought the lots from Water’s Edge LLC for $2.3 million, according to a deal filed earlier this month with the East Baton Rouge Parish Clerk of Court’s office.
Clifton Guidry represented Water’s Edge in the transaction. The purchased lots are part of the development’s second filing, according to sales documents.
Business Report
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