Nov 14, 2024
BATON ROUGE, La. (BRPROUD) -- One American Place was sold Wednesday in an East Baton Rouge Sheriff's Office auction for nearly $20 million. According to records on the EBRSO website, Wilmington Trust National Association placed a bid and won for a price of $19,966,666. The skyscraper known as the second-tallest building in downtown Baton Rouge was seized after a lawsuit was filed earlier this year. The owner allegedly owed almost $24 million in mortgage to plaintiff Wilmington Trust National Association. Court documents showed that One American Place borrowed $31.5 million from JP Morgan Chase in 2018. According to the Downtown Development District, One American Place was constructed in 1974 and stands 308 feet tall with 24 floors. Belle of Baton Rouge Hotel scheduled to reopen spring 2025 after remodel Latest News Check the label of your Levi's jeans. They may be worth thousands Louisiana woman faces 3 years in federal prison after 2023 Baton Rouge bank robbery Trump tests GOP with controversial Cabinet picks 2 arrested, accused of throwing chairs at man's apartment, beating him with gun in Baton Rouge LSU gymnastics signs three five-star recruits; ranks third for recruiting class
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