Results

1031 Exchange From Multifamily to Retail

Noah Loveland and Benji Azar of ELIFIN® represented the buyer in the successful acquisition of the ±21,780 SF retail strip center located at 18539 Hwy 22 in Ponchatoula, LA. Challenge The buyer had just sold a 44-unit multifamily property and needed to place the proceeds into a replacement asset through a 1031 exchange before a hard deadline. Missing that window...

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Youngsville Industrial Property Sold Off Market in 35 Days

Caden LeBlanc of ELIFIN® represented the seller and Mark Johns of ELIFIN® represented the buyer in the successful sale of the ±28,251 SF industrial property located at 350 Griffin Rd in Youngsville, LA. Challenge Caden sourced the property off market, but finding the deal was only the first step. Getting a buyer to commit proved harder than expected. The seller...

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Turning a Due Diligence Problem into a Path Forward

Alex Ruch of ELIFIN® represented both the buyer and seller in the successful sale of the ±8,660 SF commercial property located at 4726 Government St in Baton Rouge, LA. Challenge An inspection issue surfaced during due diligence that had the potential to end the transaction entirely. The findings carried long-term implications for both the buyer and the seller, and without...

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New Orleans Retail Sale Saved After Tenant Exit Threatened Financing

Brady Becker and Adrien Foley of ELIFIN® represented the buyer in the successful acquisition of the multi-tenant retail property located at 521, 525 Harrison Ave in New Orleans, LA. Challenge The buyer was under contract on a three-unit retail building in Lakeview with financing in progress when one of the tenants, who had been occupying on a month-to-month basis, gave notice and...

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Baton Rouge Office Building Sold at a Profit Instead of Re-Leased

Fabian Edwards of ELIFIN® represented the seller in the successful sale of the ±4,086 SF office property located at 10527 Kentshire Ct in Baton Rouge, LA. Challenge The previous tenant had made modifications to the building during their tenancy that left the space in a configuration that was difficult to re-lease. Finding a new tenant willing to take the space...

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How ELIFIN® Guided a State Agency Through an Office Search in Baton Rouge, LA

Jacob Loveland of ELIFIN® represented the tenant in the successful lease of an office suite located at 700 Main St in Baton Rouge, LA. Challenge The Louisiana Commission for the Deaf needed a larger, more functional space for their team, and finding it was only half the challenge. Transacting with a state agency means navigating a procurement and approval process that operates...

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How ELIFIN® Sourced an Off-Market Industrial Sale for a 1031 Buyer in Broussard, Louisiana

Caden LeBlanc and Alex Ruch of ELIFIN® represented both the buyer and the seller in the sale of the 21,560 square foot industrial building located at 1244 Petroleum Parkway in Broussard, Louisiana. Challenge The property was never on the market. LeBlanc learned the building had recently signed a tenant and understood what that meant: a stabilized industrial asset in the Lafayette market...

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How ELIFIN® Negotiated a Land Exchange to Save a Baton Rouge Warehouse Deal

Alex Ruch of ELIFIN® represented the buyer in the successful acquisition of the ±5,000 SF warehouse located at 10441 Mammoth Ave in Baton Rouge, LA. Challenge A survey conducted during due diligence revealed that a portion of the land being advertised as part of the property was not actually included in the parcel. For most buyers that might have been...

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How ELIFIN® Helped an Investor find their third leased investment

Adrien Foley and Brady Becker of ELIFIN® represented the buyer in the successful acquisition of the ±8,000 SF retail property located at 2310 Cecilia Sr High School Hwy in Breaux Bridge, LA. Challenge The property was occupied by Dollar General, and coordinating the change of ownership with their organization meant working through multiple layers of internal gatekeepers. The timing had...

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