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CASTRO REAL ESTATE SERVICES WAS FOUNDED WITH THE GOAL OF HELPING CLIENTS WITH ALL THEIR REAL ESTATE NEEDS, ONE CLIENT AT A TIME.
How Listing Agreements Are Changing Following the NAR Settlement Agreement
2020
In Business Since
262
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524
Clients Served
NEWS & RESOURCES
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Commercial
Local investor buys multiple Government Street properties for redevelopment
By Jordan Arceneaux
Local businessperson Matthew Newman has purchased several properties along Government Street in a roughly $1 million investment aimed at bringing a new retail concept to the corridor.
Newman acquired three parcels along the Mid City corridor in a coordinated transaction involving three sellers, with the deals closing simultaneously, according to Alex Ruch of Elifin who represented Newman’s Aubota LLC entity in each transaction. The acquisitions include two buildings at 4308 and 4328 Government St., along with adjacent land parcels at 4316 Government St. and 527 Ingleside Ave. Evan Scroggs of Lee & Associates and Austin Loland of Beau Box Commercial Real Estate each represented separate sellers in two of the deals. Newman paid $380,000 for the building at 4308 Government St., $500,000 for the neighboring building at 4328 Government St., and about $150,000 for the surrounding land parcels.
The Greater Baton Rouge Business Report
Residential
Home sellers are relisting properties at fastest pace in a decade, but spring supply is still low
By Diana Olick
The all-important spring housing market is off and running, and while the pace isn’t expected to be strong, there are signs of optimism, at least among sellers. Some who gave up last year are jumping back in.
Nearly 45,000 homes that were delisted last year were relisted for sale in January, according to Redfin, a real estate brokerage. That is the highest January figure since Redfin began tracking this metric a decade ago and represents a record 3.6% of homes that were on the market in January.
CNBC.com
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