22 Aug How ELIFIN® Paired an Investor Buyer With a Medical Tenant in Livingston Parish
Jacob Loveland and Fabian Edwards of ELIFIN® found a creative path forward for a medical tenant in Livingston Parish who needed room to grow.
Challenge
The tenant was expanding quickly and needed the right space, but good leasing options in the area were hard to come by. Jacob and Fabian tracked down a building on Vincent Rd that checked all the boxes and put together a lease offer, but the owners weren’t looking to lease it out. The tenant wasn’t in the market to buy. It called for a different approach.
Strategy
That’s when Jacob and Fabian saw an opportunity: they had an investor client actively looking to buy, and a tenant who needed exactly this kind of space. So they brought the two together, the investor would purchase the building, and the tenant would lease it from them. From there, it meant running two deals side by side: negotiating the purchase with the buyer while shaping lease terms that worked for everyone involved. After a few months of careful back-and-forth, the purchase went under contract, and the lease followed shortly after.
Result
Both clients came out ahead. The investor landed a strong property, and the tenant got the space they needed to keep growing, in the exact building they wanted from the start. The deal took careful coordination and persistent attention over 8-10 months to see it through. A good example of what’s possible when you think beyond the obvious deal structure.
Leading Agent
Jacob Loveland
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