News

The Pulse LFT: North Carolina-based entity purchases land on Ambassador

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 8800 Blk W Congress St, Duson, LA 70529 Type: Land Price: $660,000 ($0.13 / Land SF) Buyer: GARBER BLUM HOLDINGS LLC Elifin's Notes: Garber Blum Holdings LLC purchases a 120 acre parcel of land in Duson. Tract B-2-A-6 Sita St, Broussard, LA 70518 Type: Land Price: $550,000 ($12.60 / Land SF) Buyer: RAJANE...

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The Pulse NOLA: Old Metairie Commons sold

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2328 Metairie Rd, Metairie, LA 70001 Type: Retail Price: $3,850,000 ($236.54 / SF) Buyer: OLD METAIRIE COMMONS LLC Elifin's Notes: A commercial property featuring retail and office suites sells in Metairie. 5920 Mounes St, Elmwood, LA 70123 Type: Industrial Price: $2,490,000 ($81.64 / SF) Buyer: VMAN HOLDINGS LLC Elifin's Notes: An industrial property with...

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The Pulse BR: Flatiron Apartments sell for 37 million

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 300 W Parker Blvd, Baton Rouge, LA 70808 Type: Multifamily Price: $37,000,000 ($268,116 / Unit) Buyer: Flatiron Property Owner LLC Elifin's Notes: The Flatiron Apartment Complex, a 138-unit multifamily property, sells on Parker Boulevard. 5912 Main St, Zachary, LA 70791 Type: Retail Price: $2,475,000 ($732.25 / SF)...

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The Pulse LFT: LCTCS purchases office building for 3.5 million

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 324, 330 Dulles Dr, Lafayette, LA 70506 Type: Office Price: $3,592,200 ($132.17 / SF) Buyer: LOUISIANA COMMUNITY & TECHNICAL COLLEGE SYSTEM Elifin's Notes: Louisiana Community & Technical College purchases an office property along with a parcel of land on Dulles Drive. 402 Machine Loop, Scott, LA 70583 Type: Industrial Price: $570,000 ($67.38 /...

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The Pulse NOLA: Hotel sold for 25 million

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2150 Veterans Blvd, New Orleans, LA 70062 Type: Hospitality Price: $25,000,000 ($102,041 / Unit) Buyer: ADVIK LLC Elifin's Notes: Advik LLC, a Mississippi-based company, acquires the DoubleTree Hotel by Hilton, a 245-room property, for 25 million. 127 Camp St, New Orleans, LA 70130 Type: Office Price: $926,250 ($144.19 / SF) Buyer: BILLY GOALS...

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The Pulse BR: Oil refinery property sold for 15.7 million

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 1500 N Airway Dr, Baton Rouge, LA 70815 Type: Specialty Price: $18,793,423 ($275.30 / SF) Buyer: BR Bridge School Properties Elifin's Notes: BR Bridge School Properties acquires a school property on North Airway Drive. 9288 Hwy 75, Geismar, LA 70734 Type: Industrial Price: $15,728,997 ($942.25 / SF)...

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Market Report – Lafayette, LA – November 2025

Overall Dollar Volume is up 15.97% The trailing 12 month total dollar volume of sales was $425.7M at the end of Nov 2025 vs. $367.1M at the end of the prior month. Overall Deal Velocity is up 3.73% The trailing 12 month sale count was 334 at the end of Nov 2025 vs. 322 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/12/Market-Report-Lafayette-LA-November-2025.pdf" attachment_id="19264"...

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Market Report – Baton Rouge, LA – November 2025

Overall Dollar Volume is up 8.39% The trailing 12 month total dollar volume of sales was $1.050B at the end of Nov 2025 vs. $968.9M at the end of the prior month. Overall Deal Velocity is steady The trailing 12 month sale count was 431 at the end of Nov 2025.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/12/Market-Report-Baton-Rouge-LA-November-2025.pdf" attachment_id="19265" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...

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Market Report – New Orleans, LA – November 2025

Overall Dollar Volume is down 2.09% The trailing 12 month total dollar volume of sales was $764.5M at the end of Nov 2025 vs. $780.8M at the end of the prior month. Overall Deal Velocity is down 1.01% The trailing 12 month sale count was 488 at the end of Nov 2025 vs. 493 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/12/Market-Report-New-Orleans-LA-November-2025.pdf" attachment_id="19263"...

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Turning Vacancy Into Stability in Commercial Office Real Estate

In the midst of one of the most challenging office markets in recent history, Jacob Loveland and Fabian Edwards of ELIFIN® Realty were tasked with turning around a property that had not achieved full occupancy in nearly a decade. ELIFIN® successfully leased the office asset at 2351 Energy Dr in Baton Rouge, LA. Challenge Jacob and Fabian assumed the exclusive listing following...

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