News

19 Aug The Pulse BR: Downtown restaurant building sold to owners

Posted at 09:25h 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 38278 Highway 74, Gonzales, LA 70737 Type: Mixed-Use Price: $1,000,000 ($76.92 / SF) Buyer: Bully's Investments LLC Elifin's Notes: This commercial property includes: a restaurant, two warehouses, two single family residences, and a mobile home. 5157 Bluebonnet Blvd, Baton Rouge, LA 70809 Type: Office Price: $970,000 ($205.51 / SF) Buyer: 9141...

18 Aug Calling Perry Musgrow

Posted at 12:51h in Commercial, Content, Insights by ELIFIN® 0 Comments

[embed]https://youtube.com/shorts/F2QWXoekwBI?si=vJo3jYO7cdMuu8X3[/embed] Fly: I want to know, what is your first memory of buying or selling something? Perry Musgrow: The first house I bought was when my wife was pregnant. We were expecting a son. We closed in August, and my son was born in November. We were in there painting the room blue and everything. I still own that house. It was...

17 Aug Calling Mark Segalla

Posted at 08:49h in Commercial, Content, Insights by ELIFIN® 0 Comments

[embed]https://youtube.com/shorts/g56zEGCVeDU?si=ab6XjWYWYrZ4W-UR[/embed] Fly: I want to know, what is your first memory of buying or selling something? Mark Segalla: In high school, my best friend and I started a lawn care company. We walked around the neighborhood with our push mower because we didn’t have a truck, knocking on doors and waiting for our first "yes." Eventually, we got it up to about...

16 Aug Getting to know: Lindsay Redhead

Posted at 17:01h in Commercial, Content, Insights by ELIFIN® 0 Comments

[embed]https://youtube.com/shorts/29WgZb8QgUA?si=4NdLSLavAHTL9C-3[/embed] Fly: What is your first memory of buying or selling something? Lindsay Redhead: Basically, my parents had a reward system—do chores or make certain grades, and I would earn credit. I distinctly remember that, for some reason, I really wanted this fleece blanket with the Mad Hatter's face on it from Alice in Wonderland, the one with Johnny Depp, which is...

15 Aug Career Opportunities in Commercial Real Estate Fall 2024

Posted at 16:03h in Commercial, Content, Insights by ELIFIN® 0 Comments

Are you a student interested in Commercial Real Estate? George Bonvillain, Jr, ELIFIN® Partner and Head of Recruitment and Talent Acquisition, is going on tour this fall to talk about career opportunities as an Associate or in our Apprenticeship Program. - About the ELIFIN® Apprenticeship Program You are an ideal candidate for this position if you are ambitious, hard-working, quick, and throughout college you’ve...

15 Aug Market Report – New Orleans, LA – July 2024

Posted at 14:27h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 4.59% The trailing 12 month total dollar volume of sales was $756.8M at the end of Jul 2024 vs. $793.2M at the end of the prior month. Overall Deal Velocity is up 1.58% The trailing 12 month sale count was 514 at the end of Jul 2024 vs. 506 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/08/Market-Report-New-Orleans-LA-July-2024.pdf" attachment_id="12473"...

15 Aug Market Report – Lafayette, LA – July 2024

Posted at 14:26h in Insights, Market Report: Lafayette, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 2.1% The trailing 12 month total dollar volume of sales was $340.8M at the end of Jul 2024 vs. $348.1M at the end of the prior month. Overall Deal Velocity is down 1.24% The trailing 12 month sale count was 318 at the end of Jul 2024 vs. 322 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/08/Market-Report-Lafayette-LA-July-2024.pdf" attachment_id="12475"...

15 Aug Market Report – Baton Rouge, LA – July 2024

Posted at 14:25h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 8.21% The trailing 12 month total dollar volume of sales was $461.1M at the end of Jul 2024 vs. $502.3M at the end of the prior month. Overall Deal Velocity is up 3.88% The trailing 12 month sale count was 375 at the end of Jul 2024 vs. 361 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/08/Market-Report-Baton-Rouge-LA-July-2024.pdf" attachment_id="12474"...

14 Aug Apprentice Questions: Hardest Deal

Posted at 11:25h in Commercial, Content, Insights by ELIFIN® 0 Comments

Today's Apprentice Question is for Keagan Finley, Senior Vice President of Multifamily Sales in Columbus, Ohio. [embed]https://youtube.com/shorts/X71EdCFCvcI?si=37jKMD_YWqY4FOko[/embed] Caden: What's been the hardest deal you've had to close while in commercial real estate? Keagan Finley: The hardest deal I ended up closing was actually my biggest deal. It involved a developer purchasing land, and they found out they needed to have an easement signed...

13 Aug First Year in Commercial Real Estate PT 2

Posted at 16:02h in Commercial, Content, Insights by ELIFIN® 0 Comments

[embed]https://youtube.com/shorts/1XIB1TmJYH8?si=mWPbiQvtBM7bEYkA[/embed] George: It's so important to have an environment of trust because, during that first year, that super critical period, the people around you are going to essentially fill the gap of your self-belief. They're going to lift you up when you need to be lifted. As you start to have success, they might say, "Hey, let's focus on the basics...