Today we're throwing back to the inspiration for this series: Intern Questions from 2019. [embed]https://youtube.com/shorts/8csd5vuSxmA[/embed] Paul: Mathew, what's your biggest piece of advice for people trying to add value in any capacity? Mathew: The number one piece of advice is to listen. A lot of people try to add value right from the start—they assume they know the client’s or person’s needs and...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1031 Camellia Blvd, Lafayette, LA 70508 Type: Office Price: $2,000,000 ($361.47 / SF) Buyer: W&H UNLIMITED LLC Elifin's Notes: Local injury law firm purchases an office property along Camellia Boulevard in the River Ranch area. 2303 Johnston St, Lafayette, LA 70503 Type: Retail Price: $564,420 ($265.11 / SF) Buyer: MURPHREE, GLENN CHARLES Elifin's Notes: The...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2518 Arts St, New Orleans, LA 70117 Type: Specialty Price: $5,750,000 ($121.44 / SF) Buyer: INTERNATIONAL SCHOOL OF LOUISIANA Elifin's Notes: Arising out of the bankruptcy proceedings for the Encore Learning Academy, the International School of Louisiana has purchased this school property in St. Roch. Tracts 6-A-4-C, 6-A-4-D, 6-A-4-E Promenade...
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 3410 S Sherwood Forest Blvd, Baton Rouge, LA 70816 Type: Retail Price: $550,000 ($157.14 / SF) Buyer: SSF Holdings LLC Elifin's Notes: Local real estate agent and investor Donnie Jarreau purchases restaurant property on S Sherwood Forest Blvd. 9783 Hooper Rd, Baton Rouge, LA 70818 Type: Industrial Price: $430,000 ($113.16...
Today's Question is for Peter Laville, Land Specialist in Baton Rouge, Louisiana. [embed]https://youtu.be/2KATh9BUv_Q[/embed] Katrina: What is one way you're able to stay positive when a deal isn't running as smoothly as you hoped? Peter Laville: One way I try to stay positive is by controlling what I can control. Anytime you're doing development, there are so many things during the due diligence period...
Today's Question is for Alex Ruch, Senior Associate in Industrial Sales & Leasing in Baton Rouge, Louisiana. [embed]https://youtube.com/shorts/J-4xFRwpdFY?si=rp4DXkvbAM-wIlhq[/embed] Josh: What is the biggest mistake you made when starting out? Alex Ruch: One mistake I made early on was trying to do deals everywhere with every property type. I was doing it out of desperation because I started out not making any money and...
[embed]https://youtube.com/shorts/jHasC6W4mb4[/embed] George Bonvillain: First Year of Commercial Real Estate It can simply feel like you have no idea what you're doing. The same questions might be running through your head: Why did I choose this? This isn't for me. Clearly, I made a mistake. Nothing I'm doing is working. And I don't even know if I'm doing the right things. I was asking someone in...
Today's Question is for Adrien Foley, Industrial Sales & Leasing Associate in New Orleans, Louisiana. [embed]https://youtube.com/shorts/x7dbK4RNqKw?si=H3-IiVXL91ksqONS[/embed] Josh: What is your No. 1 rule for success in commercial real estate? Adrien Foley: Understanding that you're going to go through the hard times at first. If you buckle down and embrace failure and accept that things aren't always going to go your way as a...
A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 105 Chapel Dr, Lafayette, LA 70506 Type: Office Price: $850,000 ($121.26 / SF) Buyer: FORKED ISLAND INVESTMENTS LLC Elifin's Notes: An office property sells near Ambassador Caffery Parkway on Chapel Drive. 104 Republic Ave (Units 3, 4), Lafayette, LA 70508 Type: Retail Price: $250,000 ($92.59 / SF) Buyer: RACHAELS HOLDINGS LLC Elifin's Notes: The owner...
A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 2475 Canal St, New Orleans, LA 70119 Type: Office Price: $3,600,000 ($77.41 / SF) Buyer: VOLUNTEERS OF AMERICA SOUTHEAST LOUISIANA INC Elifin's Notes: The Volunteers of America Southeast Louisiana purchases the Financial Planning Center office property on Canal Street. 1400 St Charles Ave, New Orleans, LA 70130 Type: Retail Price: $1,250,000 ($213.78...
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