News

Strip center on Heymann Blvd sells

The June 22, 2026 issue covers four commercial sales recorded across Lafayette the previous week. The headline deal: CHS HOLDINGS LLC bought an industrial property on Eraste Landry Road. The other sales were a strip center at the corner of Heymann and Audubon boulevards, a pair of industrial properties on Evans Lane and a 2+ acre parcel of land on...

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Maison Dupuy Hotel sells

The June 22, 2026 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: MMKW L L C bought the former Aurora Recreational Club property on General Meyer Avenue. Retail made up five of the 10 sales, and the 200-unit Maison Dupuy Hotel, Bruno's Tavern on Maple Street and the decommissioned St....

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Eden Point Apartments sold

The June 22, 2026 issue covers ten commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: Eden Point Investments LLC bought the 186-unit Eden Point Apartments on Old Hammond Highway. The week's largest sale was 168 residential lots in the Lakes at Harveston development, bought by a local developer, while a recently built retail property...

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Market Report – Lafayette, LA – May 2026

Overall Dollar Volume is down 6.82% The trailing 12 month total dollar volume of sales was $362.9M at the end of May 2026 vs. $389.5M at the end of the prior month. Overall Deal Velocity is down 3.12% The trailing 12 month sale count was 342 at the end of May 2026 vs. 353 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/06/Market-Report-Lafayette-LA-May-2026.pdf" attachment_id="21000"...

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Market Report – Baton Rouge, LA – May 2026

Overall Dollar Volume is down 8.72% The trailing 12 month total dollar volume of sales was $1.084B at the end of May 2026 vs. $1.187B at the end of the prior month. Overall Deal Velocity is down 1.08% The trailing 12 month sale count was 457 at the end of May 2026 vs. 462 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/06/Market-Report-Baton-Rouge-LA-May-2026.pdf" attachment_id="20998"...

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Market Report – New Orleans, LA – May 2026

Overall Dollar Volume is up 6.41% The trailing 12 month total dollar volume of sales was $1.131B at the end of May 2026 vs. $1.063B at the end of the prior month. Overall Deal Velocity is up 5.0% The trailing 12 month sale count was 567 at the end of May 2026 vs. 540 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/06/Market-Report-New-Orleans-LA-May-2026.pdf" attachment_id="20999"...

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Finding the Ideal Fit for a 1031 Exchange Buyer

Alex Ruch of ELIFIN® represented the buyer in the successful acquisition of the 13,195 SF industrial warehouse located at 406 Wall St in Lafayette, LA. Challenge The buyer was in a 1031 exchange with specific return metrics that had to be met, not a buyer who could compromise on the numbers. Finding the right fit required identifying a property that checked every...

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When the Right Structure Unlocks a Stalled Listing

Mark Johns of ELIFIN® represented the seller in the successful sale of the ±16,068 SF industrial property located at 338 Thoroughbred Dr in Lafayette, LA. Challenge The property sat in a submarket that had not been generating meaningful industrial activity. Buyer interest in the area was thin, and the listing had not attracted the attention needed to produce a viable offer. Without...

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Persistence Over Friction

Adrien Foley, Alex Ruch, and Brady Becker of ELIFIN® represented the buyer in the successful acquisition of the industrial warehouse located at 1833 Industrial Blvd in Harvey, LA. Challenge The path to closing was not a straight line. Pre-contract negotiations were drawn out, with significant back and forth before the parties could align. Inspections surfaced a list of repairs that had to...

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