News

Restaurant property off Hwy 90 in Broussard sells

The May 25, 2026 issue covers five commercial sales recorded across Lafayette the previous week, totaling $1.31M in disclosed volume. The headline deal: Troyanowski Properties LLC paid $470K ($29.25/SF) for an industrial property on Thoroughbred Drive. Industrial made up three of the five sales, a 5+ acre parcel on Albertson Parkway in Broussard sold for $385K, and a restaurant property...

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Ramada Inn in Metairie trades for 8mm

The May 25, 2026 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $15.4M in disclosed volume. The headline deal: NOLA HOTEL PROPERTIES LLC paid $8M ($41,451/unit) for a 193-unit hotel property on South I-10 Service Road West in Metairie. Retail made up four of the 12 sales, a Royal Street mixed-use property...

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Market Report – Lafayette, LA – April 2026

Overall Dollar Volume is up 0.49% The trailing 12 month total dollar volume of sales was $389.5M at the end of Apr 2026 vs. $387.5M at the end of the prior month. Overall Deal Velocity is up 1.15% The trailing 12 month sale count was 353 at the end of Apr 2026 vs. 349 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/05/Market-Report-Lafayette-LA-April-2026.pdf" attachment_id="20776"...

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Market Report – Baton Rouge, LA – April 2026

Overall Dollar Volume is down 1.36% The trailing 12 month total dollar volume of sales was $1.187B at the end of Apr 2026 vs. $1.204B at the end of the prior month. Overall Deal Velocity is up 1.09% The trailing 12 month sale count was 462 at the end of Apr 2026 vs. 457 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/06/Market-Report-Baton-Rouge-LA-April-2026.pdf" attachment_id="20852"...

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Market Report – New Orleans, LA – April 2026

Overall Dollar Volume is up 6.9% The trailing 12 month total dollar volume of sales was $1.063B at the end of Apr 2026 vs. $994.3M at the end of the prior month Overall Deal Velocity is down 0.55% The trailing 12 month sale count was 540 at the end of Apr 2026 vs. 543 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/05/Market-Report-New-Orleans-LA-April-2026.pdf" attachment_id="20777"...

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ELIFIN brokered 39% of the industrial sales in 2025 in BR and Ascension

The May 25, 2026 issue covers eight commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $9.08M in disclosed volume. The headline deal: SA Recycling LLC paid $4.35M ($265.71/SF) for an industrial property on Airline Highway in Prairieville that sold for $3.37M in 2024. Retail made up three of the eight sales, including a New Jersey-based company's...

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7 Brew purchases restaurant property in Covington

The May 18, 2026 issue covers fourteen commercial sales recorded on the Northshore the previous week, totaling $9.56M in disclosed volume. The headline deal: 4B INVESTMENTS LLC, a pair of local investors, paid $3.25M ($401.83/SF) for a two-story office property on West Causeway Approach in Mandeville. Retail made up seven of the 14 sales, including 7 Brew's $1.85M purchase of...

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Lourdes purchases medical building

The May 18, 2026 issue covers three commercial sales recorded across Lafayette the previous week, totaling $1.51M in disclosed volume. The headline deal: OUR LADY OF LOURDES REGIONAL MEDICAL CENTER INC paid $900K ($378.15/SF) for a medical office property near its hospital on East Farrel Road. All three sales were office properties, including one with on-site front parking in the...

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Nonprofit purchases 500,000 sqft building downtown

The May 18, 2026 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $4.41M in disclosed volume. The headline deal: 1414 ROMAIN ST LLC paid $1.52M ($89,118/unit) for a 17-unit apartment complex in Gretna. Retail made up three of the eight sales, and the Tulane School of Public Health and Tropical Medicine building...

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