What's going on in the Office Market, with Fabian Edwards and Jacob Loveland. [embed]https://youtube.com/shorts/FRWCYiCCZLY[/embed] Transcript: The office market—there's been a little bit of, maybe, a sigh of relief. Everyone kind of sees the writing on the wall that we are trending back toward a more typical market cycle. Rates are going to continue to come down, and hopefully, that will cause more deals...
New Episodes of The ELIFIN® Market Minute at Mid City Tower drop this week. [embed]https://youtube.com/shorts/0fpILE1ol9Q[/embed] ...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 7616, 7620 Johnston St, Maurice, LA 70503 Type: Industrial Price: $3,600,000 ($107.46 / SF) Buyer: RIGID REAL ESTATE HOLDINGS LLC Elifin's Notes: Ridge Real Estate Holdings acquires an industrial property with multiple buildings on 8+ acres near Maurice. 3420 NE Evangeline Thwy, Lafayette, LA 70507 Type: Land Price: $2,000,000 ($2.87 / Land SF) Buyer:...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week Tract Y-8-A-1-A Woodbine Ct, Prairieville, LA 70769 Type: Land Price: $10,960,850 ($1.35 / Land SF) Buyer: Magnolia Ridge Logistics Investment LLC Elifin's Notes: A 186+ acre tract of land sells in Prairieville. 511 N Airline Hwy, Gonzales, LA 70737 Type: Retail Price: $2,500,000 ($446.43 / SF) Buyer: Chick-fil-A Inc Elifin's Notes: Chick-fil-A...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 5790 Crowder Blvd, New Orleans, LA 70127 Type: Retail Price: $3,200,000 ($100.77 / SF) Buyer: 5790 CROWDER LLC Elifin's Notes: A Houston-based entity purchases the Crowder Retail Center in the West Lake Forest area. 2842, 2844 Magazine St, New Orleans, LA 70130 Type: Mixed-Use Price: $1,700,000 ($358.50 / SF) Buyer: Logan, Thomas B;...
Today we're looking back to the original Intern Question Series: [embed]https://youtu.be/KrhlR_j2KHw[/embed] What's the most significant thing you've learned while building a startup? Paul: So Matthew, as you’re building ELIFIN, what has been the most significant thing you’ve learned about yourself? Matthew: That’s deep. That’s a deep question! The most significant thing I’ve learned about myself...
Today's Apprentice Question is for Peter Laville, Land Specialist in Baton Rouge, LA. [embed]https://youtube.com/shorts/-RDHK3kgAAs?feature=share[/embed] What's the story with this property? What's happening there? Mariana: One question I have is, how do you stay up to date on the current events and things going on within your block? Peter Laville: First thing, checking local news—they're always posting little articles and things like that. Second, LinkedIn...
Fly Jamerson, ELIFIN® Content Marketing Coordinator, attended the CREi Summit in Atlanta, Georgia. She made a custom Guess Who game for the featuring commercial real estate rockstars, and put them in a tournament bracket. Here's what happened next. [embed]https://youtube.com/shorts/5IFgnmZHv54?si=y2q1zywSQiw9M-JU[/embed] [embed]https://youtube.com/shorts/5OBIqu_uKEc?si=YXlzapwbLCZzXKsm[/embed] [embed]https://www.youtube.com/shorts/irSkDNN2cSc[/embed] https://youtu.be/1gxR1H7rIAQ?si=yF85IRcysRqrVGTS https://www.youtube.com/shorts/4Ql_GzP1_js...
Today's Apprentice Question is for Cade McNabb, Industrial Associate, in Baton Rouge, LA. [embed]https://youtube.com/shorts/0uZ3qgipoJc[/embed] That’s how you build relationships—show that you can help them achieve their goals, whatever they’re trying to do. Josh: What is your No. 1 rule for success in commercial real estate? Cade: The most important skill you need starting out in our industry is being able to communicate with people....
Overall Dollar Volume is up 3.73% The trailing 12 month total dollar volume of sales was $785.0M at the end of Aug 2024 vs. $756.8M at the end of the prior month. Overall Deal Velocity is up 2.14% The trailing 12 month sale count was 525 at the end of Aug 2024 vs. 514 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/09/Market-Report-New-Orleans-LA-August-2024.pdf" attachment_id="12805"...