DOWNLOAD FULL REPORT (PDF) Louisiana remained in Phase 3 of reopening throughout the month of October. The number of commercial property sales was up 57% month over month, with 44 sales in October 2020 compared with 28 sales in September 2020. While we have seen a decrease in activity overall and across the multifamily, office, and land sectors, the average price per...
DOWNLOAD FULL REPORT (PDF) Louisiana moved forward to Phase 3 of reopening on September 11. The number of all commercial property transactions is still lower than the year to date total compared to the previous five years. During the first eight months of 2020, the office sector had seen an overall decrease in activity. Compared to August, the number of office sales...
DOWNLOAD FULL REPORT (PDF) Louisiana remained in Phase Two of the federal government’s plan for reopening throughout the month of August. Dollar volume of sales for all commercial property transactions year to date is currently 18.79% lower than the previous 5-year low in 2016. Throughout the pandemic, the number and dollar volume of retail transactions has remained notably higher than previous years....
DOWNLOAD FULL REPORT (PDF) Louisiana remained in “Phase Two” of the federal government’s plan for reopening throughout July. The total dollar volume of commercial sales year to date is currently 18.5% lower than the previous 5-year low in 2016. Year to date sale velocity is lower than previous years, but the number of commercial transactions has increased by 50% between June and...
DOWNLOAD FULL REPORT (PDF) As May turned to June and the Louisiana heat arrived in full effect, the state moved into "Phase Two" of the federal government's plan for reopening. While this reopening progress coincided with a slight uptick in sale transactions and total dollar volume month over month, trepidation remained among many investors and the overall business community. As noted in...
DOWNLOAD FULL REPORT (PDF) May 2020 began amidst a global economic shutdown unlike anything we have seen in our lifetime. With that in mind, naturally the velocity of commercial sale transactions has slowed down. Total sale count year-to-date is tied with the 5-year low in 2017 at 122 sale transactions YTD. And total dollar volume year-to-date is down over 26% from the...
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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DOWNLOAD FULL REPORT (PDF) As we began 2020, commercial sales were tracking on pace with the historical average. Due to the impact of COVID-19 and the Governor’s (stay-at-home) order during the latter part of March and entirety of April, millions of dollars in sale transactions were put on pause. Due diligence timeframes were extended and closing dates were pushed back while...
How is this Coronavirus Pandemic affecting this real estate industry? Maurice Velasquez of Team Real World talks with Mathew Laborde of Elfin Marketing to dissect what we are seeing now in the real estate industry, opportunities people see to help others in this situation, what we can see coming down the pipeline and what you can be doing to prepare...