Overall Dollar Volume is up 4.71% The trailing 12 month total dollar volume of sales was $793.2M at the end of Jun 2024 vs. $757.5M at the end of the prior month. Overall Deal Velocity is up 4.98% The trailing 12 month sale count was 506 at the end of Jun 2024 vs. 482 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/07/Market-Report-New-Orleans-LA-June-2024.pdf" attachment_id="12203"...
Overall Dollar Volume is down 5.52% The trailing 12 month total dollar volume of sales was $348.1M at the end of Jun 2024 vs. $368.5M at the end of the prior month. Overall Deal Velocity is down 4.17% The trailing 12 month sale count was 322 at the end of Jun 2024 vs. 336 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/07/Market-Report-Lafayette-LA-June-2024.pdf" attachment_id="12202"...
Overall Dollar Volume is down 0.59% The trailing 12 month total dollar volume of sales was $502.3M at the end of Jun 2024 vs. $505.3M at the end of the prior month. Overall Deal Velocity is down 5.5% The trailing 12 month sale count was 361 at the end of Jun 2024 vs. 382 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/07/Market-Report-Baton-Rouge-LA-June-2024.pdf" attachment_id="12200"...
Today's Question is for Mathew Laborde, President & CEO of ELIFIN®, from Katrina Stapleton in our Columbus, Ohio office. [embed]https://youtube.com/shorts/4ldDE9dybGg?si=fK479tI2zxIQll1n[/embed] Katrina: What is one thing you have to do every morning to set yourself up for a successful day? Mathew: There are two things that come to mind. First, I make my wife coffee every single morning. For a large part of my life,...
Choosing whether to sell or lease your office building can be a big decision. You need to think about different things like your property, the market, and your personal and business goals. We talked to Jacob Loveland, an Office Sales & Leasing Specialist at ELIFIN, to get his advice on what to consider when making this choice. Sell vs. Lease Office...
Managing and maintaining commercial rental properties can be challenging. We asked Keagan Finley, Senior Vice President of Multifamily Sales with ELIFIN®, to break down some of these challenges and give his advice on when and how to handle them. Small vs. Large Rental Properties Size is one of the biggest factors on the personal effort required to care for the property. For...
Investing offers diverse opportunities, from real estate to the stock market. Each option presents unique benefits and potential returns, and you may wonder which option is right for you. According to Mathew Laborde, President & CEO at ELIFIN®, the answer depends on your personal situation, goals, and interests. Real Estate vs. Stocks: A Comparison Laborde says, "Real estate, depending on how and...
Selling a Property with an Active Lease In commercial real estate, one common question is whether landlords can sell their properties while they have an active lease. The answer is a resounding yes. However, the process involves certain considerations and potential challenges. We spoke with Fabian Edwards, an Office Sales & Leasing Specialist with ELIFIN®, for advice. Understanding the Basics "Properties often will...
Developing land for commercial use can be a smart choice to increase the value of your investment property. Peter Laville, a Land Specialist with ELIFIN®, gives us some insight on current trends in commercial land development, and what to consider when beginning the process. Identifying Investors There are many steps to developing land for commercial use, but only one place to start:...
Closing costs are a crucial aspect of any commercial real estate transaction. While buyers typically shoulder the majority of these expenses, sellers should also be aware of their financial responsibilities. What Are Closing Costs? Closing costs are the fees and expenses associated with finalizing a real estate transaction. For sellers, these costs can include prorated property taxes, mortgage cancellation fees, and various...