News

High-rise in the CBD sells for 27 million

A weekly update on the commercial real estate landscape of New Orleans. Thirteen commercial sales closed across New Orleans and surrounding markets the week of August 31, 2026, totaling $33.7M in disclosed volume. The headline deal: 200 Carondelet Portfolio LLC paid $27.2M ($143,736/unit) for a 189-unit high-rise apartment complex in the Central Business District. Multifamily properties and retail assets drove the...

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Former Quality Inn on Airline at I-12 sold

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Eleven commercial sales closed across Baton Rouge and Ascension the week of August 31, 2026, totaling $16.9M in disclosed volume. The headline deal: Bellaview Holdings LLC, an Ohio-based company, paid $9.3M ($29,712/unit) for the 313-unit Copper Ridge apartment complex on Lobdell Boulevard. Multifamily and office properties led...

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Market Report – Lafayette, LA – July 2026

Overall Dollar Volume is up 8.42% The trailing 12 month total dollar volume of sales was $406.1M at the end of Jul 2026 vs. $374.6M at the end of the prior month. Overall Deal Velocity is down 4.07% The trailing 12 month sale count was 330 at the end of Jul 2026 vs. 344 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/08/Market-Report-Lafayette-LA-July-2026.pdf" attachment_id="21901"...

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Market Report – Baton Rouge, LA – July 2026

Overall Dollar Volume is down 14.58% The trailing 12 month total dollar volume of sales was $915.2M at the end of Jul 2026 vs. $1.071B at the end of the prior month. Overall Deal Velocity is down 0.67% The trailing 12 month sale count was 442 at the end of Jul 2026 vs. 445 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/08/Market-Report-Baton-Rouge-LA-July-2026.pdf" attachment_id="21900"...

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Market Report – New Orleans, LA – July 2026

Overall Dollar Volume is up 0.81% The trailing 12 month total dollar volume of sales was $1.116B at the end of Jul 2026 vs. $1.107B at the end of the prior month. Overall Deal Velocity is up 1.57% The trailing 12 month sale count was 582 at the end of Jul 2026 vs. 573 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/08/Market-Report-New-Orleans-LA-July-2026.pdf" attachment_id="21902"...

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Market Report – Ascension Parish, LA – Q2 2026

Overall Dollar Volume is up 4.48% The trailing 12 month total dollar volume of sales was $145.2M at the end of Jun 2026 vs. $139.0M at the end of the prior month. Overall Deal Velocity is down 0.75% The trailing 12 month sale count was 132 at the end of Jun 2026 vs. 133 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/08/Market-Report-Ascension-Parish-LA-Q2-2026.pdf" attachment_id="21903"...

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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® Properly Priced and Sold Uptown Retail in New Orleans, LA

Frank Lopiccolo of ELIFIN® represented both the buyer and seller in the successful sale of the retail property located at 4424 Dryades St in New Orleans, LA. Challenge The commercially-zoned property was gutted, which narrows the buyer pool considerably. Whoever purchased it would be taking on a construction project, and that reality had to be reflected in the asking price. The seller...

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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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Tangipahoa Parish Commercial Real Estate Sales: July 2026

Monthly Sales Digest | Tangipahoa ParishTangipahoa Parish Commercial Real Estate Sales: July 2026Recorded commercial sales of $100,000 or more in Tangipahoa Parish, Louisiana. Data current as of August 15, 2026.14Recorded Sales$11.2MDollar Volume$572,900Median Sale ValueSource: ELIFIN's proprietary weekly review of Tangipahoa Parish Clerk of Court filings.Sales by Property TypeProperty TypeSalesDollar VolumeShare of VolumeIndustrial1$360,0003.2%Office1$750,0006.7%Retail7$7,760,42369.1%Multifamily (5+ units)0$00.0%Land4$1,490,00013.3%Other commercial1$865,0007.7%Total14$11,225,423100.0%Top 5 Disclosed Transactions$2,194,14420203 Hwy 190Retail...

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