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"...
Today's Apprentice Question is for Keagan Finley, Senior Vice President of Multifamily Sales in Columbus, Ohio. [embed]https://youtube.com/shorts/X71EdCFCvcI?si=37jKMD_YWqY4FOko[/embed] Caden: What's been the hardest deal you've had to close while in commercial real estate? Keagan Finley: The hardest deal I ended up closing was actually my biggest deal. It involved a developer purchasing land, and they found out they needed to have an easement signed...
[embed]https://youtube.com/shorts/1XIB1TmJYH8?si=mWPbiQvtBM7bEYkA[/embed] George: It's so important to have an environment of trust because, during that first year, that super critical period, the people around you are going to essentially fill the gap of your self-belief. They're going to lift you up when you need to be lifted. As you start to have success, they might say, "Hey, let's focus on the basics...
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...
The August 12, 2024 issue covers ten commercial sales recorded across Lafayette the previous week. The headline deal: W&H UNLIMITED LLC, a local injury law firm, bought an office property on Camellia Boulevard in the River Ranch area. Office and land each made up three of the ten sales, with all three land deals being Sutton Place Development purchases on...
The August 12, 2024 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: INTERNATIONAL SCHOOL OF LOUISIANA bought a school property at 2518 Arts Street in St. Roch, a purchase arising out of the bankruptcy proceedings for the Encore Learning Academy. Office led the week with three of the eleven sales,...
The August 12, 2024 issue covers four commercial sales recorded across Baton Rouge and Ascension the previous week. The headline deal: SSF Holdings LLC, local real estate agent and investor Donnie Jarreau, bought a restaurant property on South Sherwood Forest Boulevard. The other three sales were one each of industrial, office and mixed-use, including the Geaux Waste Services facility on...
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...
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