News

Hotel at LSU southgate sells

The October 13, 2025 issue covers fourteen commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $13.2M in disclosed volume. The headline deal: Baton Rouge Hotel Investment LLC, a Florida-based company, paid $5M ($45,872/unit) for a motel property on Gwenadele Avenue. Office led the week with four of the fourteen sales, while Ray Gremillion Cattle Farms Inc...

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Bayou Wilderness RV Campground sold

The October 6, 2025 issue covers nine commercial sales recorded across Lafayette the previous week, totaling $8.2M in disclosed volume. The headline deal: WOODSMOKE PROPERTIES, LLC paid $2.8M ($23,099/unit) for the Bayou Wilderness RV Campground on North Wilderness Trail in Carencro. Land led the week with four of the nine sales, including more than 5.8 acres on Ridge Road near...

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Historic firehouse in Irish Channel sold

The October 6, 2025 issue covers twelve commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $7.04M in disclosed volume. The headline deal: NOLA PROPERTIES LSP LLC paid $2.5M ($104,167/unit) for a pair of apartment buildings totaling 24 units at 4289 and 4293 Lac Saint Pierre Drive in Harvey. Retail led the week with five of...

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Hotel in Zachary sold

The October 6, 2025 issue covers nineteen commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $22.6M in disclosed volume. The headline deal: 22Beacon Facilities Corporation, a Maryland-based non-profit organization, paid $12.5M ($171.72/SF) for a school property on Innovation Park Drive. Office led the week with six of the nineteen sales, while LA 19 Hospitality LLC paid...

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Market Report – Lafayette, LA – August 2025

Overall Dollar Volume is down 4.78% The trailing 12 month total dollar volume of sales was $363.9M at the end of Aug 2025 vs. $382.2M at the end of the prior month. Overall Deal Velocity is down 3.22% The trailing 12 month sale count was 331 at the end of Aug 2025 vs. 342 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/09/Market-Report-Lafayette-LA-August-2025.pdf" attachment_id="18817"...

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Market Report – Baton Rouge, LA – August 2025

Overall Dollar Volume is up 17.35% The trailing 12 month total dollar volume of sales was $794.9M at the end of Aug 2025 vs. $677.4M at the end of the prior month. Overall Deal Velocity is up 4.37% The trailing 12 month sale count was 406 at the end of Aug 2025 vs. 389 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/09/Market-Report-Baton-Rouge-LA-August-2025.pdf" attachment_id="18819"...

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Market Report – New Orleans, LA – August 2025

Overall Dollar Volume is down 1.93% The trailing 12 month total dollar volume of sales was $818.6M at the end of Aug 2025 vs. $834.7M at the end of the prior month. Overall Deal Velocity is down 1.62% The trailing 12 month sale count was 486 at the end of Aug 2025 vs. 494 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/09/Market-Report-New-Orleans-LA-August-2025.pdf" attachment_id="18818"...

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LifePoint Church acquires new location

The September 29, 2025 issue covers six commercial sales recorded across Lafayette the previous week, totaling $7.07M in disclosed volume. The headline deal: SALOOM PLAZA HOLDINGS LLC paid $2.25M ($734.81/SF) for a convenience store at the corner of Kaliste Saloom Road and East Martial Avenue. Industrial and office each accounted for two of the six sales, including an industrial property...

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Restaurant property on St Claude Ave sold

The September 29, 2025 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $4.89M in disclosed volume. The headline deal: 2637 N HULLEN LLC paid $1.87M ($249.85/SF) for a retail property near Copeland Tower at 2637 North Hullen Street in Metairie. Retail led the week with five of the ten sales, including a...

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12 acres adjacent to Zachary Community Park sold

The September 29, 2025 issue covers five commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $2.11M in disclosed volume. The headline deal: ST Development Partners LLC paid $675K ($1.19/Land SF) for a 12+ acre parcel on Scenic Highway adjacent to Zachary Community Park. Land led the week with two of the five sales, the other a...

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