News

01 Jul The Pulse BR: Prairieville vet clinic sells to national automotive store

Posted at 09:52h 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 6330 Siegen Ln, Baton Rouge, LA 70809 Type: Retail Price: $3,980,000 ($1,730.43 / SF) Buyer: Sunrise Apartments LLC Elifin's Notes: The Siegen Lane Chipotle property sells to California-based investors. 36576 Highway 30, Geismar, LA 70734 Type: Industrial Price: $1,650,000 ($166.67 / SF) Buyer: JOHN H CARTER CO INC Elifin's Notes: John H...

01 Jul The Pulse NOLA: Former Walgreens property sold for over 3 million

Posted at 09:49h 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 1544 Manhattan Blvd, Harvey, LA 70058 Type: Retail Price: $3,398,000 ($234.51 / SF) Buyer: 1544 MANHATTAN HOLDINGS LLC Elifin's Notes: Former Walgreens drug store retail property sells along Manhattan Boulevard. 6218 Arts St, New Orleans, LA 70122 Type: Multifamily Price: $2,900,000 ($103,571 / Unit) Buyer: NOLAN AT GENTILLY LLC Elifin's Notes: A multifamily property...

01 Jul The Pulse LFT: Beaullieu Square office condo sells

Posted at 09:47h 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 200 Beaullieu Dr (Unit 5), Lafayette, LA 70508 Type: Office Price: $740,000 ($228.82 / SF) Buyer: DVS PROPERTY MANAGEMENT LLC Elifin's Notes: An office condominium unit sells in Beaullieu Square 201, 213 West Pine St, Lafayette, LA 70501 Type: Retail Price: $475,000 ($51.63 / SF) Buyer: CBSAVOY PROPERTIES LLC Elifin's Notes: A commercial property sells...

28 Jun Are Commercial Real Estate Loans Assumable?

Posted at 13:35h in Uncategorized by ELIFIN® 0 Comments

Getting a new loan for a commercial property can be complicated and time-consuming. Figuring the finances can make or break a deal, especially with interest rates on the rise. There are some loans, however, with considerably lower interest rates for the current market: Assumable Loans. What is an Assumable Loan? We sat down with Mark Segalla, a partner at ELIFIN specializing in...

27 Jun Getting a Loan for Commercial Real Estate? What You Need to Know.

Posted at 15:17h in Commercial, Content, Insights by ELIFIN® 0 Comments

Even for established investors and property owners, expanding your commercial real estate portfolio often demands financial resources that surpass personal reserves. The high costs of acquiring and developing properties like office buildings, shopping malls, and warehouses are substantial, and without adequate financial backing, your plans to scale and diversify can hit a wall. You don’t want to miss out on great...

26 Jun Listing Your Commercial Property? Here’s what to do first.

Posted at 12:55h in Commercial, Content, Insights by ELIFIN® 0 Comments

Selling your commercial property can be overwhelming and time-consuming, especially if you're not sure where to start or how to handle the complexities of the market. Picture this: You’ve decided to sell your commercial property and you want to make sure you get the best deal, but you’re not sure how to know if you are. There’s a way to sidestep...

25 Jun Should You Accept Crypto as Rent? What to Consider.

Posted at 15:41h in Commercial, Content, Insights by ELIFIN® 0 Comments

Cryptocurrencies, like Bitcoin & Ethereum, are becoming more popular, and some property owners are wondering if they should accept it for rental payments. This idea has a lot of appeal: it’s flexible, may offer lower fees, and it’s trendy and cutting-edge. On the surface, crypto is attractive - but it comes with uncertainties and risks that could turn your rental...

24 Jun The Pulse BR: Developer purchases 250+ acres just outside Baker

Posted at 10:06h 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 16470 Old Scenic Hwy, Baker, LA 70714 Type: Land Price: $2,310,000 ($0.20 / Land SF) Buyer: Keystone Square LLC Elifin's Notes: Local developer purchases over 250 acres of land zoned commercial and rural just outside of Baker. 4884 Bluebonnet Blvd, Baton Rouge, LA 70809 Type: Office Price: $1,103,540 ($230.24 /...

24 Jun The Pulse LFT: 8.5+ acres sell along Johnston St

Posted at 10:02h 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 6921 Johnston St, Lafayette, LA 70503 Type: Land Price: $950,000 ($2.54 / Land SF) Buyer: HTT ALLIANCE LLC Elifin's Notes: An 8.5+ acre parcel of vacant commercial land sells along Johnston Street near East Broussard Road 856, 858 Ridge Rd, Duson, LA 70529 Type: Industrial Price: $680,000 ($53.13 / SF) Buyer: BELLARD, LEO IVAN...

24 Jun The Pulse NOLA: Metairie office building sells for 2.15mm

Posted at 09:59h 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 3045 Ridgelake Dr, Metairie, LA 70002 Type: Office Price: $2,150,000 ($170.82 / SF) Buyer: 3045 RIDGELAKE LLC Elifin's Notes: A three-story office building sells at the intersection of 20th Street and Ridgelake Drive. 5050-5058 Lapalco Blvd, Marrero, LA 70072 Type: Retail Price: $899,000 ($64.21 / SF) Buyer: COVERED PROPERTIES LLC Elifin's Notes: A neighborhood...