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HELPING ONE CLIENT AT A TIME WITH THEIR

REAL ESTATE NEEDS

COMMERCIAL
RESIDENTIAL

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. 

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How Listing Agreements Are Changing Following the NAR Settlement Agreement

"Working with Miguel Castro, Jr. at Castro Real Estates Services was the best decision that we’ve ever made! Miguel was more than a realtor for Village Kidz, he exceeded our expectations with his professionalism, responsiveness, and in-depth knowledge of the commercial landscape in Baton Rouge. When we needed him he was there every step of the acquisition process. He saw our vision, understood our needs, and helped us acquire the perfect location for our Village Kidz Community! "

- Ian & Nikki Honore’

“Miguel’s knowledge and experience was invaluable when I began investing in real estate. His patience and skill helped me build the residential and commercial real estate portfolio that I have today.”

- Jabarie Craig (Magnolia Homes and Properties, LLC)

"Miguel and CRES realty were exceptional from searching for the right property, all the way through the close. As a new investor, CRES guided me to a smooth and successful purchase, while keeping me informed and on schedule. I look forward to working with Miguel and CRES for many years to come. Thank You!"

- Philip Singletary - Singletary Capital

2020

In Business Since

262

Transactions

524

Clients Served

NEWS & RESOURCES

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Commercial
How Ascension Parish’s commercial real estate market fared in Q2

By Jordan Arceneaux

  The Ascension Parish commercial real estate market closed the second quarter of 2025 with steady sales volume but a slight dip in deal velocity, according to Elifin’s latest data. Total sales volume rose 0.29% in June, bringing the 12-month trailing total to $203.3 million. Deal velocity declined 1.22%. Year-to-date sales volume reached $119 million through June—more than double the $57 million recorded during the first half of 2024.

Business Report

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Residential
Record Demand Drives Multifamily Vacancy to Two-Year Low

 By Christine Serlin

 Multifamily absorption was strong in the second quarter, reducing the national vacancy rate, according to the latest research from CBRE. Positive net absorption, which measures the change in the number of occupied units, saw the strongest second quarter performance on record, totaling 188,200 units. This was the fifth consecutive quarter in which demand surpassed completions, pushing the overall multifamily vacancy rate down by 70 basis points to 4.1%. While 2024 saw the peak of 450,000 new units, only 83,000 were delivered in the second quarter with a slowdown expected in the coming quarters. CBRE noted that more than two units were absorbed for every unit completed in the second quarter. The rolling four-quarter demand outpaced the 419,400 units added by 58%.

multifamilyexecutive.com

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Whether buying or selling, we can ensure that you are making the best financial decision.

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