News

The Pulse LFT: Chateaus development purchased by Chicago-based company

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 727 Malapart Rd, Lafayette, LA 70507 Type: Multifamily Price: $23,435,000 ($209,241 / Unit) Buyer: SFR KL MS BORROWER I LLC Elifin's Notes: Kairos Living, a Chicago-based property management company, purchases The Chateaus, a single family rental home development in Scott. 2010 Kaliste Saloom Rd, Lafayette, LA 70508 Type: Retail Price: $2,595,972 ($408.81 /...

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The Pulse NOLA: Former OnPath Federal Credit Union properties sell

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 5508 Citrus Blvd, New Orleans, LA 70123 Type: Office Price: $5,870,000 ($233.44 / SF) Buyer: FNLR OFCU LLC Elifin's Notes: Fortress Investment Group purchases this former OnPath Federal Credit Union location. 1554 Westbank Expy, Westwego, LA 70094 Type: Office Price: $3,020,000 ($431.43 / SF) Buyer: FNLR OFCU LLC Elifin's Notes: Fortress Investment Group purchases...

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The Pulse BR: City of Baton Rouge purchases church campus for 1mm

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 11203 Proverbs Ave, Baton Rouge, LA 70816 Type: Industrial Price: $1,200,000 ($15.08 / SF) Buyer: Waring Oil Company LLC Elifin's Notes: Waring Oil Company purchases property from Lavigne Oil near Coursey Blvd. 10957 Greenwell Springs Rd, Baton Rouge, LA 70814 Type: Specialty Price: $1,000,000 ($129.87 / SF) Buyer: The City of...

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What’s the best way for teams to build trust? Here’s how we do it at ELIFIN®

[embed]https://youtu.be/dDrZzO_qm9I[/embed] George: The way we've been able to build trust is through repeated and consistent execution. What that means is that every day, every week—year after year—all parts of the machine are humming as one seamless system. From the front end to the middle, to processing, to listings, to marketing, to recruiting, everyone knows their role. When you see people perform...

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The Pulse LFT: Local developer purchases 17 acres along Ridge Road

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 500 BLK Ridge Rd, Lafayette, LA 70506 Type: Land Price: $1,000,350 ($1.31 / Land SF) Buyer: BELLE VIEW SUBDIVISION PHASE 4 LLC Elifin's Notes: Local developer purchases 17+ acres of vacant land along Ridge Road. 1702 E Simcoe St, Lafayette, LA 70501 Type: Retail Price: $440,000 ($200.00 / SF) Buyer: CAJUN GETAWAY VILLAGE LLC...

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The Pulse NOLA: Hollywood Park Apartments sell for 4.25mm

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 4000 Westbank Expy, Marrero, LA 70072 Type: Multifamily Price: $4,250,000 ($60,714 / Unit) Buyer: 4000 HOLLYWOOD APARTMENTS LLC Elifin's Notes: Hamdan Sons Investments, via a separate entity, purchases the Hollywood Park Apartments, 70-units, in Marrero. 3826 Magazine St, New Orleans, LA 70115 Type: Retail Price: $1,150,000 ($420.17 / SF) Buyer: DECADE LLC Elifin's Notes:...

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