News

The Pulse Northshore: American Bank acquires property in Mandeville

A weekly update on the commercial real estate landscape of The Northshore. Commercial Sales Recorded Last Week 350 N Causeway Blvd, Mandeville, LA 70448 Type: Office Price: $910,000 ($203.03 / SF) Buyer: AMERICAN BANK & TRUST Elifin's Notes: American Bank and Trust acquires an additional office property on North Causeway Boulevard. 40355 Hwy 190 E, Slidell, LA 70461 Type: Retail Price: $875,000 ($87.50 / SF) Buyer: KASTNER ENTERPRISES, L.L.C. Elifin's Notes:...

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The Pulse LFT: Strip center on Heymann Blvd sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1327 Eraste Landry Rd, Lafayette, LA 70506 Type: Industrial Price: $1,600,000 ($71.92 / SF) Buyer: CHS HOLDINGS LLC Elifin's Notes: An industrial property changes hands on Eraste Landry Road. 331, 333, 337 Heymann Blvd, Lafayette, LA 70503 Type: Retail Price: $875,000 ($88.53 / SF) Buyer: TIDES PROPERTIES LLC Elifin's Notes: A strip center property sells...

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The Pulse NOLA: Maison Dupuy Hotel sells

A weekly update on the commercial real estate landscape of New Orleans. Commercial Sales Recorded Last Week 5244 Gen Meyer Ave, New Orleans, LA 70131 Type: Retail Price: $1,100,000 ($80.73 / SF) Buyer: MMKW L L C Elifin's Notes: The former Aurora Recreational Club property changes ownership on General Meyer Avenue. 2003, 2005 Carondelet St; 2000 Brainard St, New Orleans, LA 70130 Type: Mixed-Use Price: $900,000 ($95.56 / SF) Buyer:...

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The Pulse BR: Eden Point Apartments sold

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension. Commercial Sales Recorded Last Week 2601 Morning Mist Dr, Baton Rouge, LA 70810 Type: Land Price: $21,076,455 ($11.20 / Land SF) Buyer: HARVESTON VENTURES LLC Elifin's Notes: A local developer purchases 168 residential lots within the Lakes at Harveston residential development. 11528 Old Hammond Hwy, Baton Rouge, LA 70816 Type: Multifamily Price: ...

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Market Report – Lafayette, LA – May 2026

Overall Dollar Volume is down 6.82% The trailing 12 month total dollar volume of sales was $362.9M at the end of May 2026 vs. $389.5M at the end of the prior month. Overall Deal Velocity is down 3.12% The trailing 12 month sale count was 342 at the end of May 2026 vs. 353 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/06/Market-Report-Lafayette-LA-May-2026.pdf" attachment_id="21000"...

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Market Report – Baton Rouge, LA – May 2026

Overall Dollar Volume is down 8.72% The trailing 12 month total dollar volume of sales was $1.084B at the end of May 2026 vs. $1.187B at the end of the prior month. Overall Deal Velocity is down 1.08% The trailing 12 month sale count was 457 at the end of May 2026 vs. 462 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/06/Market-Report-Baton-Rouge-LA-May-2026.pdf" attachment_id="20998"...

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Market Report – New Orleans, LA – May 2026

Overall Dollar Volume is up 6.41% The trailing 12 month total dollar volume of sales was $1.131B at the end of May 2026 vs. $1.063B at the end of the prior month. Overall Deal Velocity is up 5.0% The trailing 12 month sale count was 567 at the end of May 2026 vs. 540 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2026/06/Market-Report-New-Orleans-LA-May-2026.pdf" attachment_id="20999"...

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Finding the Ideal Fit for a 1031 Exchange Buyer

Alex Ruch of ELIFIN® represented the buyer in the successful acquisition of the 13,195 SF industrial warehouse located at 406 Wall St in Lafayette, LA. Challenge The buyer was in a 1031 exchange with specific return metrics that had to be met, not a buyer who could compromise on the numbers. Finding the right fit required identifying a property that checked every...

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When the Right Structure Unlocks a Stalled Listing

Mark Johns of ELIFIN® represented the seller in the successful sale of the ±16,068 SF industrial property located at 338 Thoroughbred Dr in Lafayette, LA. Challenge The property sat in a submarket that had not been generating meaningful industrial activity. Buyer interest in the area was thin, and the listing had not attracted the attention needed to produce a viable offer. Without...

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Persistence Over Friction

Adrien Foley, Alex Ruch, and Brady Becker of ELIFIN® represented the buyer in the successful acquisition of the industrial warehouse located at 1833 Industrial Blvd in Harvey, LA. Challenge The path to closing was not a straight line. Pre-contract negotiations were drawn out, with significant back and forth before the parties could align. Inspections surfaced a list of repairs that had to...

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