News

24 May The Pulse LFT: Restaurant property off Hwy 90 in Broussard sells

Posted at 17:51h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 338 Thoroughbred Dr, Lafayette, LA 70507 Type: Industrial Price: $470,000 ($29.25 / SF) Buyer: Troyanowski Properties LLC Elifin's Notes: An industrial property sells on Thoroughbred Drive. 200 Blk Albertson Pkwy, Broussard, LA 70518 Type: Land Price: $385,000 ($1.71 / Land SF) Buyer: PASSION HOME DESIGNS LLC Elifin's Notes: A 5+ acre parcel of land sells...

24 May The Pulse NOLA: Ramada Inn in Metairie trades for 8mm

Posted at 17:42h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 3400 S I 10 Service Rd W, Metairie, LA 70001 Type: Hospitality Price: $8,000,000 ($41,451 / Unit) Buyer: NOLA HOTEL PROPERTIES LLC Elifin's Notes: A 193-unit hotel property changes ownership on South I-10 Service Road West. 609, 611 Royal St, New Orleans, LA 70130 Type: Mixed-Use Price: $2,975,000 ($448.72 / SF) Buyer: C...

24 May Market Report – Lafayette, LA – April 2026

Posted at 17:35h in Market Report: Lafayette, Research by ELIFIN® 0 Comments

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"...

24 May Market Report – Baton Rouge, LA – April 2026

Posted at 17:34h in Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

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"...

24 May Market Report – New Orleans, LA – April 2026

Posted at 17:33h in Market Report: New Orleans, Research by ELIFIN® 0 Comments

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"...

24 May The Pulse BR: ELIFIN brokered 39% of the industrial sales in 2025 in BR and Ascension

Posted at 17:03h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Dear Reader,We do very little self-promotion in this Pulse. We just report the market data. Well, I came across a stat that was too staggering not to share.ELIFIN brokered 39% of the industrial sales in 2025 across EBR and Ascension Parishes. That's 1 out of every 2.6...

18 May The Pulse Northshore: 7 Brew purchases restaurant property in Covington

Posted at 08:58h in Research, The Pulse, The Pulse: Northshore by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 1540 West Causeway Approach, Mandeville, LA 70471 Type: Office Price: $3,250,000 ($401.83 / SF) Buyer: 4B INVESTMENTS LLC Elifin's Notes: A pair of local investors purchase a two-story office property. 629 Hwy 190, Covington, LA 70433 Type: Retail Price: $1,850,000 ($318.20 / SF) Buyer: 7 BREW REAL ESTATE LLC Elifin's Notes: 7 Brew purchases...

18 May The Pulse LFT: Lourdes purchases medical building

Posted at 08:52h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 324 E Farrel Rd, Lafayette, LA 70508 Type: Office Price: $900,000 ($378.15 / SF) Buyer: OUR LADY OF LOURDES REGIONAL MEDICAL CENTER INC Elifin's Notes: A medical office property sells near Our Lady of Lourdes Regional Medical Center. 606 Lee Ave, Lafayette, LA 70501 Type: Office Price: $487,500 ($203.13 / SF) Buyer: MARSHWATCH LLC Elifin's...

18 May The Pulse NOLA: Nonprofit purchases 500,000 sqft building downtown

Posted at 08:48h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 1401 Whitney Ave, Gretna, LA 70053 Type: Multifamily Price: $1,515,000 ($89,118 / Unit) Buyer: 1414 ROMAIN ST LLC Elifin's Notes: A 17-unit apartment complex trades in Gretna. 1190 Terry Pkwy, Terrytown, LA 70056 Type: Retail Price: $855,000 ($258.31 / SF) Buyer: HALO 22 LLC Elifin's Notes: A Wendy's occupied QSR property changes hands on...

18 May The Pulse BR: Bottom Line Equipment purchases land

Posted at 08:43h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 18350 Petroleum Dr, Baton Rouge, LA 70809 Type: Industrial Price: $4,487,000 ($105.59 / SF) Buyer: NACL Holdings LLC Elifin's Notes: This property sold for $2.5 million in 2017. 1718 Blvd De Province, Baton Rouge, LA 70816 Type: Multifamily Price: $3,000,000 ($39,474 / Unit) Buyer: T&A 2026 LLC Elifin's Notes: A 76-unit multifamily...