Commercial

Top Permits issued in the New Orleans area, June 26, 2023

// Article originally appeared in New Orleans City Business on June 26, 2023 Over the past few weeks, permits have been filed for the ongoing new construction at 1300 Oretha Castle Haley Boulevard. Part of the former Brown’s Dairy site, the property named H3C Apartments is aimed to address the growing need for affordable housing, providing 192 new apartments, with 92...

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Top Permits issued in the New Orleans area, May 26 – June 8, 2023

// Article originally appeared in New Orleans City Business on June 12, 2023 At the close of the week, permits were granted with regards to electrical services at 609 Jackson Avenue in New Orleans; although renovation plans were formally approved in 2016, the site has not undergone much in the way of improvement since its former occupant vacated in 1979. With...

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Top Permits issued in the New Orleans area, May 12-25, 2023

// Article originally appeared in New Orleans City Business on June 1, 2023 Over 620 permits were issued in Orleans Parish alone over the course of the last two weeks. Although Tulane University’s desire to do so was formally announced last year, permits were granted this week to raze Irby, Phelps, and Paterson Halls. Ensconced in the near-center of campus, Paterson was...

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Top Permits issued in the New Orleans area, April 29 – May 11, 2023

// Article originally appeared in New Orleans City Business on May 15, 2023 One of my favorite parts of being a commercial real estate agent is being privy to new concepts in our market. Although these additions do not always come to fruition, I have always enjoyed culling newly issued permits as a means of ascertaining their viability and gauging activity. While...

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Entire Mid City Block Purchased by CareSouth Medical & Dental

DOWNLOAD PDF February 3rd, 2021 - Baton Rouge, LA – Elifin Realty is pleased to announce the sale of a ±2.03-acre parcel of land located at 749, 759 Scenic Hwy in Baton Rouge. The property consists of an entire city block situated between Scenic Hwy, Gayosa St, N 20th St, and Spanish Town Road in Mid City North. CareSouth Medical & Dental (Capitol...

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Church & School Campus on Florida Blvd sold for $1.25 Million

DOWNLOAD PDF February 2nd, 2021 - Baton Rouge, LA – Elifin Realty is pleased to announce the sale of 10925 Florida Blvd in Baton Rouge, LA for $1,250,000. The property totals approximately 41,833 SF on 3.78 acres and includes a sanctuary, administrative building, classrooms, full kitchen, assembly space, gymnasium, and a sizeable parking lot. Mathew Laborde, CCIM of Elifin Realty represented both parties...

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How to Acquire Real Estate Being Sold by the US Bankruptcy Court

The process of acquiring commercial real estate through US Bankruptcy Court-ordered dispositions can be hard to wrap your brain around. Especially with the lack of resources out there giving clear answers on the subject. Yet there are great deals to be made by buyers that: can move quickly to seize opportunities, are willing to be patient while the process plays...

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What are former bank branches used for after they sell?

Through mergers, acquisitions, and streamlining operations in the banking sector, there are a lot of former bank branches on the market today. More times than not, when a bank sells an old location, it's purchased by another bank or credit union for the same use. But what happens when there is not another financial institution buyer for the property? The specialized...

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