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Engquist buys ROUZAN

Posted on 1/19/18 at 3:55 pm
Posted by Supermoto Tiger
Baton Rouge
Member since Dec 2010
9934 posts
Posted on 1/19/18 at 3:55 pm

LINK
quote:

They decline to say what they paid for the entire package, but the residential portion of the deal cost 21 million


Wow
Posted by BomBayTiger
Member since Feb 2009
4117 posts
Posted on 1/19/18 at 3:57 pm to
Great news
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75219 posts
Posted on 1/19/18 at 4:01 pm to
quote:

Rouzan


Totally forgot about this development
Posted by doubleb
Baton Rouge
Member since Aug 2006
36056 posts
Posted on 1/19/18 at 4:07 pm to
Now maybe this thing can get going in the right direction and be a big positive for the neighborhood there, and not a cancer.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67116 posts
Posted on 1/19/18 at 4:08 pm to
Spinosa is the Lane Kiffin of real estate developers.

Posted by tom
Baton Rouge
Member since Jun 2007
8158 posts
Posted on 1/19/18 at 4:11 pm to
quote:

be a big positive for the neighborhood there, and not a cancer.

Posted by GFunk
Denham Springs
Member since Feb 2011
14966 posts
Posted on 1/23/18 at 8:59 am to
So he lost the lawsuit and there are people who are living in homes that are now-literally-legally proven to be built on other people's property. Then it comes out that he hasn't delivered on a single amenity (library, etc) promised as a part of the development. Now it comes out that he had to sell out because his lender was so rickety they couldn't even stay afloat in a great economy.

Dude's got a pretty amazing track record.
Posted by Giantkiller
the internet.
Member since Sep 2007
20357 posts
Posted on 1/23/18 at 9:19 am to
Spinosa has trouble getting local contractors to give him the time of day anymore, but their memories are short. It will only be a few years before he bilks more money out of everybody for some "all new mixed residential/commercial Xanadu..."
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
18913 posts
Posted on 1/23/18 at 9:27 am to
Unfortunately, I hear Enquist is almost as bad as Spinoza. Anyone know anything about this guy beyond rumors?
Posted by TigerRob20
Baton Rouge
Member since Nov 2008
3732 posts
Posted on 1/23/18 at 10:11 am to
quote:

Unfortunately, I hear Enquist is almost as bad as Spinoza. Anyone know anything about this guy beyond rumors?



I sure haven't heard his name in the news like I have Spinosa. Also, it would seem all of the businesses the family operates are fairly successful.

Hopefully they can get a nice grocery store to locate in there.

This post was edited on 1/23/18 at 10:22 am
Posted by member12
Bob's Country Bunker
Member since May 2008
32096 posts
Posted on 1/23/18 at 10:16 am to
quote:

Engquist buys ROUZAN



Southdowns will still be against it.
Posted by GFunk
Denham Springs
Member since Feb 2011
14966 posts
Posted on 1/23/18 at 10:55 am to
I just want to see how he appeases those folks who are set to have their homes torn down to make way for the easement into their properties thanks to his dumb@ssery in building them on other folks' property.
Posted by AA77
Member since Jan 2016
3796 posts
Posted on 1/23/18 at 10:56 am to
Spinosa is the OJ Simpson of developers.
Posted by Supermoto Tiger
Baton Rouge
Member since Dec 2010
9934 posts
Posted on 1/23/18 at 10:59 am to
quote:

Now maybe this thing can get going in the right direction and be a big positive for the neighborhood there, and not a cancer.

With Engquist as owner, funding will not be a problem...finally, this place is getting ready to take off in the right direction.
Posted by AA77
Member since Jan 2016
3796 posts
Posted on 1/23/18 at 11:06 am to
I've been involved in a few projects with John, his day job is running H&E Equipment and does development on the side.

He's a good dude a little on the crazy side def not sleazy/or a criminal like Spinoza.
Posted by Supermoto Tiger
Baton Rouge
Member since Dec 2010
9934 posts
Posted on 1/23/18 at 11:17 am to
John and Ryan Engquist are good people. I’m telling you, people are going to be shocked at how fast this place takes off.
Posted by SG_Geaux
Beautiful St George
Member since Aug 2004
77996 posts
Posted on 1/23/18 at 11:23 am to
quote:

John and Ryan Engquist are good people.


Are you John or Ryan?
Posted by anewguy
BR
Member since Mar 2017
1239 posts
Posted on 1/23/18 at 11:35 am to
Im glad they are finally going to finish it. I do not live in there but close and believe it will help my property values.
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