News

24 Nov The Pulse NOLA: Pace Morby purchases 24-unit multifamily complex

Posted at 10:19h 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 4204-4221 Asher Ct, Kenner, LA 70065 Type: Multifamily Price: $3,900,000 ($97,500 / Unit) Buyer: ASHER COURT APARTMENTS LLC Elifin's Notes: Asher Court Apartments LLC acquires 10 fourplexes near Chateau Estates Elementary School in Kenner. 10022 I-10 Service Rd, New Orleans, LA 70127 Type: Hospitality Price: $3,700,000 ($29,600 / Unit) Buyer: SHREE GANESHAY LLC Elifin's...

24 Nov The Pulse BR: Prescriptions to Geaux purchases their Government Street property

Posted at 10:00h 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 11314 Boardwalk Dr, Baton Rouge, LA 70816 Type: Hospitality Price: $1,900,000 ($17,431 / Unit) Buyer: Titan General Contractors LLC Elifin's Notes: An Arkansas-based company acquires a 109-unit hotel property on Broadwalk Drive. 3012 Government St, Baton Rouge, LA 70806 Type: Retail Price: $1,150,000 ($290.40 / SF) Buyer:...

24 Nov Market Report – Lafayette, LA – October 2025

Posted at 09:24h in Insights, Market Report: Lafayette, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 2.67% The trailing 12 month total dollar volume of sales was $367.1M at the end of Oct 2025 vs. $357.5M at the end of the prior month. Overall Deal Velocity is down 0.92% The trailing 12 month sale count was 322 at the end of Oct 2025 vs. 325 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/11/Market-Report-Lafayette-LA-October-2025.pdf" attachment_id="19136"...

24 Nov Market Report – Baton Rouge, LA – October 2025

Posted at 09:23h in Insights, Market Report: Baton Rouge, Research by ELIFIN® 0 Comments

Overall Dollar Volume is up 14.66% The trailing 12 month total dollar volume of sales was $968.8M at the end of Oct 2025 vs. $845.0M at the end of the prior month. Overall Deal Velocity is up 2.37% The trailing 12 month sale count was 432 at the end of Oct 2025 vs. 422 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/11/Market-Report-Baton-Rouge-LA-October-2025.pdf" attachment_id="19135"...

24 Nov Market Report – New Orleans, LA – October 2025

Posted at 09:22h in Insights, Market Report: New Orleans, Research by ELIFIN® 0 Comments

Overall Dollar Volume is down 4.25% The trailing 12 month total dollar volume of sales was $780.8M at the end of Oct 2025 vs. $815.5M at the end of the prior month. Overall Deal Velocity is up 0.41% The trailing 12 month sale count was 493 at the end of Oct 2025 vs. 491 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/11/Market-Report-New-Orleans-LA-October-2025.pdf" attachment_id="19137"...

17 Nov The Pulse LFT: Lourdes purchases office building

Posted at 08:53h 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 5000 Ambassador Caffery Pkwy (Bldg 1), Lafayette, LA 70508 Type: Office Price: $4,265,000 ($346.75 / SF) Buyer: OUR LADY OF LOURDES REGIONAL MEDICAL CENTER INC Elifin's Notes: Lourdes purchases an office condo property across from their Hospital on Ambassador Caffery Parkway. 129 Banks Ave, Lafayette, LA 70506 Type: Industrial Price: $2,650,000 ($134.56 /...

17 Nov The Pulse NOLA: Warehouse District building sold for 2mm

Posted at 08:49h 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 762 St Charles Ave, New Orleans, LA 70130 Type: Retail Price: $2,000,000 ($278.24 / SF) Buyer: ALPHADIA752 LLC Elifin's Notes: A two-story commercial property with street-level retail space sells in the Warehouse District. 2220 Lakeshore Dr, New Orleans, LA 70122 Type: Specialty Price: $795,000 ($104.11 / SF) Buyer: GREATER NEW ORLEANS CHINESE CHRISTIAN...

17 Nov The Pulse BR: Retail strip in Zachary changes hands

Posted at 08:42h 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 2375 Wooddale Blvd, Baton Rouge, LA 70806 Type: Industrial Price: $415,000 ($19.95 / SF) Buyer: Land & Home Solutions of America, LLC Elifin's Notes: An industrial warehouse property sells on Wooddale Boulevard. 10735 Cherryhill Ave, Baton Rouge, LA 70816 Type: Industrial Price: $162,500 ($45.68 / SF) Buyer:...

10 Nov The Pulse LFT: Two gas stations sell on Rue De Belier

Posted at 10:19h 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 234 Duhon Rd, Lafayette, LA 70506 Type: Retail Price: $3,500,000 ($792.57 / SF) Buyer: SINGH55 LLC Elifin's Notes: A convenience store/gas station property changes ownership at the corner of Duhon Road and Rue De Belier. 485 Ridge Rd, Lafayette, LA 70506 Type: Retail Price: $2,050,000 ($716.03 / SF) Buyer: SINGH53 LLC Elifin's Notes: A convenience...

10 Nov The Pulse NOLA: Chateau Cleary apartment complex sells

Posted at 10:04h 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 3900 S I-10 Service Road W, Metairie, LA 70001 Type: Multifamily Price: $5,720,000 ($55,000 / Unit) Buyer: CYPRESS CLEARY LLC Elifin's Notes: The Chateau Cleary apartment complex with 104 units changes hands on South I-10 Service Road West. 1700 Promenade Blvd, Marrero, LA 70072 Type: Retail Price: $3,162,100 ($79.65 / SF) Buyer: 1700...