News

Huntington Park apartments sell

The July 24, 2023 issue covers nine commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: Huntington Park 23 LLC, a Northeastern-based investor, bought the Huntington Park apartments at 7019 Crowder Boulevard in the Little Woods area. Retail led the week with five of the nine sales, while an investor bought 1.5-plus acres with...

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Multifamily developer purchases 6 acres on Picardy Ave

The July 24, 2023 issue covers three commercial sales recorded across Baton Rouge the previous week. The headline deal: The Heights at Picardy LLC, for Hammond-based multifamily development firm The STOA Group, bought more than six acres on Picardy Avenue. The other two sales were offices: a Creekstone Office Park building on Lake Sherwood Avenue North bought by a Metairie-based...

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The Axis Lafayette apartments on Theater Street sell

The July 17, 2023 issue covers seven commercial sales recorded across Lafayette the previous week. The headline deal: ACADIA BEND LLC, an Alabama-based entity, bought The Axis Lafayette apartment complex on Theater Street near Cajun Field. Multifamily and land each made up two of the seven sales, while a retail condominium unit in the Parc Lafayette complex sold and a...

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Travelodge Hotel in West Harvey sells

The July 17, 2023 issue covers eleven commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: SHREE MAA AMBE LLC bought the Travelodge Hotel at 2200 Westbank Expressway in West Harvey. Retail led the week with five of the eleven sales, including two car wash properties in Harvey and Gretna bought by California-based FCPT...

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The Lodges at 777 on Ben Hur sell

The July 17, 2023 issue covers eleven commercial sales recorded across Baton Rouge the previous week. The headline deal: LMP Baton Rouge Property Owner LLC, for Georgia-based multifamily investment firm Landmark Properties, bought The Lodges at 777, a 382-unit apartment complex on Ben Hur Road near LSU's campus. Multifamily and retail led with three sales each, including the eight-unit Reeves...

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Top Permits issued in the New Orleans area, July 10, 2023

// Article originally appeared in New Orleans City Business on July 10, 2023 Prior to the Fourth of July holiday, permits were issued to 921 Canal Street for continuing renovations to guestrooms, corridors, and a lounge area refresh. With a planned completion for late 2023, these upgrades are the latest in a slew of upgrades being performed at the Ritz-Carlton. In...

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Three more downtown properties sold on Jefferson St

The July 10, 2023 issue covers nine commercial sales recorded across Lafayette the previous week. The headline deal: JCD FAMILY PROPERTY HOLDINGS LLC and BILLET LLC, Lafayette investors, bought an office building on South College Road. Multifamily led the week with three of the nine sales, including The Pines Apartments in Broussard, bought by TROYANOWSKI PROPERTIES LLC, while three downtown...

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Land sells on Elmwood Park

The July 10, 2023 issue covers thirteen commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: JEFFERSON PARISH EMPLOYEES FEDERAL CREDIT UNION bought nearly an acre of vacant commercial land at 1090 Elmwood Park Boulevard in the Elmwood Industrial Park area. Land, multifamily and office led the week with three sales each, while a...

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364 acres purchased for new neighborhood

The July 10, 2023 issue covers three commercial sales recorded across Baton Rouge the previous week. The headline deal: Trivento Development LLC, for developer Arthur Lancaster, bought 364 acres at Old Scenic Highway and Groom Road, with plans to develop a residential neighborhood. The other two sales were a retail property containing Big Boy Shop & Geaux at Old Hammond...

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Mayor-President to attend Mid City Tower Ribbon Cutting and Grand Opening

July 7, 2023- Baton Rouge, LA – Fabian Edwards, Office Specialist at ELIFIN®, is pleased to announce the official ribbon cutting ceremony and grand opening celebration of the newly renovated Mid City Tower, located at 5700 Florida Blvd, Baton Rouge, 70806. Over the last two years, owner Mike Leggett has brought the nearly 80,000 square foot Mid City Tower through an...

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