News

Crowder Retail Center sells for over 3 million

The September 23, 2024 issue covers eight commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $7.59M in disclosed volume. The headline deal: 5790 CROWDER LLC, a Houston-based entity, paid $3.2M ($100.77/SF) for the Crowder Retail Center at 5790 Crowder Boulevard in the West Lake Forest area. Mixed-use, industrial and land properties each accounted for two...

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Apprentice Questions: Building a Startup

Today we're looking back to the original Intern Question Series: [embed]https://youtu.be/KrhlR_j2KHw[/embed] What's the most significant thing you've learned while building a startup? Paul: So Matthew, as you’re building ELIFIN, what has been the most significant thing you’ve learned about yourself? Matthew: That’s deep. That’s a deep question! The most significant thing I’ve learned about myself...

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Apprentice Questions: Know Your Block with Peter Laville

Today's Apprentice Question is for Peter Laville, Land Specialist in Baton Rouge, LA. [embed]https://youtube.com/shorts/-RDHK3kgAAs?feature=share[/embed] What's the story with this property? What's happening there? Mariana: One question I have is, how do you stay up to date on the current events and things going on within your block? Peter Laville: First thing, checking local news—they're always posting little articles and things like that. Second, LinkedIn...

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Guess Who: CREi Edition

Fly Jamerson, ELIFIN® Content Marketing Coordinator, attended the CREi Summit in Atlanta, Georgia. She made a custom Guess Who game for the featuring commercial real estate rockstars, and put them in a tournament bracket. Here's what happened next. [embed]https://youtube.com/shorts/5IFgnmZHv54?si=y2q1zywSQiw9M-JU[/embed] [embed]https://youtube.com/shorts/5OBIqu_uKEc?si=YXlzapwbLCZzXKsm[/embed] [embed]https://www.youtube.com/shorts/irSkDNN2cSc[/embed] https://youtu.be/1gxR1H7rIAQ?si=yF85IRcysRqrVGTS https://www.youtube.com/shorts/4Ql_GzP1_js...

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Apprentice Questions: Success with Cade McNabb

Today's Apprentice Question is for Cade McNabb, Industrial Associate, in Baton Rouge, LA. [embed]https://youtube.com/shorts/0uZ3qgipoJc[/embed] That’s how you build relationships—show that you can help them achieve their goals, whatever they’re trying to do. Josh: What is your No. 1 rule for success in commercial real estate? Cade: The most important skill you need starting out in our industry is being able to communicate with people....

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Market Report – New Orleans, LA – August 2024

Overall Dollar Volume is up 3.73% The trailing 12 month total dollar volume of sales was $785.0M at the end of Aug 2024 vs. $756.8M at the end of the prior month. Overall Deal Velocity is up 2.14% The trailing 12 month sale count was 525 at the end of Aug 2024 vs. 514 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/09/Market-Report-New-Orleans-LA-August-2024.pdf" attachment_id="12805"...

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Market Report – Lafayette, LA – August 2024

Overall Dollar Volume is up 5.73% The trailing 12 month total dollar volume of sales was $360.4M at the end of Aug 2024 vs. $340.8M at the end of the prior month. Overall Deal Velocity is down 1.57% The trailing 12 month sale count was 313 at the end of Aug 2024 vs. 318 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/09/Market-Report-Lafayette-LA-August-2024.pdf" attachment_id="12806"...

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Market Report – Baton Rouge, LA – August 2024

Overall Dollar Volume is down 7.03% The trailing 12 month total dollar volume of sales was $425.4M at the end of Aug 2024 vs. $457.5M at the end of the prior month. Overall Deal Velocity is down 2.93% The trailing 12 month sale count was 364 at the end of Aug 2024 vs. 375 at the end of the prior month.   [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/09/Market-Report-Baton-Rouge-LA-August-2024.pdf" attachment_id="12808"...

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Bourbon Street building sells for undisclosed price

The September 16, 2024 issue covers two commercial sales recorded across New Orleans and surrounding markets the previous week, both with prices withheld. The headline deal: CREDC BOURBON STREET LLC bought a commercial property at 429-433 Bourbon Street in the French Quarter. Both sales were recorded as retail, the other being a multi-tenant retail property within a larger shopping center...

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