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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. 

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2020

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Commercial
What to know about LSU’s $215M dorm project

By Jordan Arceneaux

  The LSU Board of Supervisors approved plans on Friday for two new residence halls that will add 1,266 beds across 650 units on the Baton Rouge campus. The roughly $215 million project is set to begin construction in October, with completion targeted for fall 2027. The dorms will rise on the Touchdown Village East lot along South Quad Drive, near LSU’s business and engineering schools. The development will be financed through tax-exempt bonds issued by a special purpose entity tied to the LSU Real Estate and Facilities Foundation, via the Louisiana Public Facilities Authority. RISE: A Real Estate Company will handle construction.

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Residential
Real estate investment firm acquires local single-family rental community

 By Jordan Arceneaux

  A Northeast-based real estate investment firm has acquired all 112 lots and common area tracts totaling roughly 32 acres within D.R. Horton’s Villas at Oak Bend community off South Harrells Ferry Road. Four Corners Development Group bought the property through two separate LLCs, FC Oak Bend TIC I and II, from D.R. Horton for $10 and other considerations, according to a deal filed Thursday with the East Baton Rouge Parish Clerk of Court’s office.

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