The August 19, 2024 issue covers ten commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $3.91M in disclosed volume. The headline deal: River Ridge Maisonettes, LLC paid $1.64M ($82,000/unit) for a 20-unit multifamily property at 10542 Jefferson Highway in River Ridge. Office and land led the week with three of the ten sales each, and...
The August 19, 2024 issue covers five commercial sales recorded across Lafayette the previous week, totaling $5.47M in disclosed volume. The headline deal: FNLR COMPOUNDS MATTER LLC, a national real estate investment trust, paid $2.93M ($47.41/SF) for an industrial property on Hector Connoly Road in Carencro. Industrial led the week with two of the five sales, including a newly constructed...
The August 19, 2024 issue covers five commercial sales recorded across Baton Rouge and Ascension the previous week, totaling $2.68M in disclosed volume. The headline deal: Bully's Investments LLC paid $1M ($76.92/SF) for a commercial property on Highway 74 in Gonzales that includes a restaurant, two warehouses, two single-family residences and a mobile home. Office and industrial accounted for two...
[embed]https://youtube.com/shorts/F2QWXoekwBI?si=vJo3jYO7cdMuu8X3[/embed] Fly: I want to know, what is your first memory of buying or selling something? Perry Musgrow: The first house I bought was when my wife was pregnant. We were expecting a son. We closed in August, and my son was born in November. We were in there painting the room blue and everything. I still own that house. It was...
[embed]https://youtube.com/shorts/g56zEGCVeDU?si=ab6XjWYWYrZ4W-UR[/embed] Fly: I want to know, what is your first memory of buying or selling something? Mark Segalla: In high school, my best friend and I started a lawn care company. We walked around the neighborhood with our push mower because we didn’t have a truck, knocking on doors and waiting for our first "yes." Eventually, we got it up to about...
[embed]https://youtube.com/shorts/29WgZb8QgUA?si=4NdLSLavAHTL9C-3[/embed] Fly: What is your first memory of buying or selling something? Lindsay Redhead: Basically, my parents had a reward system—do chores or make certain grades, and I would earn credit. I distinctly remember that, for some reason, I really wanted this fleece blanket with the Mad Hatter's face on it from Alice in Wonderland, the one with Johnny Depp, which is...
Are you a student interested in Commercial Real Estate? George Bonvillain, Jr, ELIFIN® Partner and Head of Recruitment and Talent Acquisition, is going on tour this fall to talk about career opportunities as an Associate or in our Apprenticeship Program. - About the ELIFIN® Apprenticeship Program You are an ideal candidate for this position if you are ambitious, hard-working, quick, and throughout college you’ve...
Overall Dollar Volume is down 4.59% The trailing 12 month total dollar volume of sales was $756.8M at the end of Jul 2024 vs. $793.2M at the end of the prior month. Overall Deal Velocity is up 1.58% The trailing 12 month sale count was 514 at the end of Jul 2024 vs. 506 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/08/Market-Report-New-Orleans-LA-July-2024.pdf" attachment_id="12473"...
Overall Dollar Volume is down 2.1% The trailing 12 month total dollar volume of sales was $340.8M at the end of Jul 2024 vs. $348.1M at the end of the prior month. Overall Deal Velocity is down 1.24% The trailing 12 month sale count was 318 at the end of Jul 2024 vs. 322 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/08/Market-Report-Lafayette-LA-July-2024.pdf" attachment_id="12475"...
Overall Dollar Volume is down 8.21% The trailing 12 month total dollar volume of sales was $461.1M at the end of Jul 2024 vs. $502.3M at the end of the prior month. Overall Deal Velocity is up 3.88% The trailing 12 month sale count was 375 at the end of Jul 2024 vs. 361 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/08/Market-Report-Baton-Rouge-LA-July-2024.pdf" attachment_id="12474"...
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