News

Vacant land near airport sold

The February 16, 2026 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: GARDENS ON THE CORNER LLC bought a 9-unit multifamily property at Prytania and Melpomene streets. Land made up five of the eight sales, as a local business owner bought three 0.2+ acre lots on 23rd Street near the...

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Former Winn-Dixie in Central sold

The February 16, 2026 issue covers nine commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: First National Bank of Louisiana bought a 2+ acre tract along Perkins Road near Pennington's campus. Land made up four of the nine sales, including part of a Perkins Road parking lot bought by Our Lady of the Lake,...

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Market Report – Lafayette, LA – January 2026

Overall Dollar Volume is up 1.02% The trailing 12 month total dollar volume of sales was $428.0M at the end of Jan 2026 vs. $423.7M at the end of the prior month. Overall Deal Velocity is up 2.05% The trailing 12 month sale count was 348 at the end of Jan 2026 vs. 341 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/02/Market-Report-Lafayette-LA-January-2026.pdf" attachment_id="19869"...

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Market Report – Baton Rouge, LA – January 2026

Overall Dollar Volume is up 2.85% The trailing 12 month total dollar volume of sales was $1.149B at the end of Jan 2026 vs. $1.117B at the end of the prior month. Overall Deal Velocity is steady The trailing 12 month sale count was 428 at the end of Jan 2026.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/02/Market-Report-Baton-Rouge-LA-January-2026.pdf" attachment_id="19868" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...

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Market Report – New Orleans, LA – January 2026

Overall Dollar Volume is up 16.66% The trailing 12 month total dollar volume of sales was $988.9M at the end of Jan 2026 vs. $847.6M at the end of the prior month. Overall Deal Velocity is up 6.36% The trailing 12 month sale count was 552 at the end of Jan 2026 vs. 519 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/02/Market-Report-New-Orleans-LA-January-2026.pdf" attachment_id="19870"...

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Turning a Long-Term Relationship into a First-Time Investment

Jacob Loveland and Fabian Edwards represented the buyer in the sale of the office building located at 2645 O'Neal Lane in Baton Rouge, LA. Challenge Rather than a traditional obstacle, the challenge in this transaction was uncovering an opportunity that had not yet been expressed. The buyer was a long-term client, and ELIFIN® had been handling the leasing of his full-service...

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Strategic Marketing and Negotiation Deliver a Complex Lease Win

Challenge The landlord faced a prolonged and increasingly frustrating leasing challenge with a highly specialized industrial property that had been marketed by multiple brokerages over an extended period without success. While the asset itself was functional and well-located, it required a tenant with very specific operational capabilities, making the potential tenant pool inherently narrow. At the same time, the landlord was...

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From Foreclosure to Closing in 30 Days

Jacob Loveland and Benji Azar of ELIFIN® represented the seller in the sale of the vacant hotel property at 9901 Gwenadele Ave in Baton Rouge, LA. Challenge This property had originally been listed in September 2023 but did not trade, ultimately entering foreclosure in mid 2025. The extended time on the market and subsequent foreclosure created a challenging perception issue, as...

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Apartment complex sold

The February 9, 2026 issue covers seven commercial sales recorded across Lafayette the previous week. The headline deal: LEGACY AT OXFORD COURT LLC bought a 40-unit multifamily property on Garber Road in Broussard. Multifamily made up three of the seven sales, and a California-based investor bought an industrial property on Beau Pre Road....

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