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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
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262
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524
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NEWS & RESOURCES
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Commercial
Stirling has acquired these two major Baton Rouge office properties
By Jordan Arceneaux
Stirling Properties has acquired the Citiplace Centre I and Acadian Centre office buildings in separate transactions, according to deals filed Friday with the East Baton Rouge Parish Clerk of Court’s office.
The company purchased both properties from commercial real estate firm Songy Highroads LLC for a reported $100 and other considerations in each deal. Stirling Senior Vice President Justin Landry represented the buyer, while Songy Highroads co-founders Todd Nocerini and David Songy represented the seller.
Baton Rouge Business Report
Residential
Record Renewals Set the Tone for 2026 Multifamily Performance
By Erika Morphy
Investors hunting for cracks in the multifamily story may need to recalibrate their expectations for 2026. While anxiety over the economy and renter affordability is clearly shaping behavior, LeaseLock Chief Economist Greg Willett sees a market that is bending rather than breaking, with performance likely to improve modestly next year rather than slide into distress.
Freeze‑in‑Place renters, Record Renewals
The defining leasing dynamic heading into 2026 is not weak demand but renters’ reluctance to move. Willett tells GlobeSt.com that resident retention at initial lease expiration has climbed to record levels, a function of both macro uncertainty and a maturing renter cohort that is less inclined to churn. “When you don’t know what comes next, the tendency is to just freeze in place and not do anything,” he says, adding that an older, more stable renter base is reinforcing that pattern.
GlobeSt.com
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