Louisiana Commercial Realty

| Local Economy, Multi-family, Press

Large commercial real estate developments in New Orleans don't happen without government help which ranges from New Market Tax Credits, Community Block Grants, Tax Exempt

Latest Out-Of-Work Data Shows 1/3 Of Cities Actually Employed More

May 6, 2020

The latest unemployment numbers show, compared to one year ago, 32% of 389 city metropolitan areas actually had lower unemployment rates, meaning a higher percent

Fraud, Greed and Development of New Orleans Commercial Real Estate

February 15, 2019

| Local Economy, Press, Retail

Entergy's abandoned Market Street power plant Since New Orleans is almost 300 years old, you'd expect some interesting stories behind its more prominent buildings, and the

Will Louisiana’s Economy Decline Due To Oil’s Decline

July 3, 2015

Louisiana is second in the nation in refinery capacity and has 112,000 miles of pipeline carrying crude oil and natural gas, so will the collapse

Are Movies Really An Economic Driver For Louisiana?

June 19, 2015

Louisiana first encouraged the movie industry to come here in 2002, when the legislature passed the Motion Picture Tax Credit Program, but it didn’t catch on

Louisiana Commercial Realty Completes Sale Of Tulane Avenue Vacant Hotel Property-To Be Repurposed As New Office/Retail

March 26, 2015

| Local Economy, Office, Press, Price Trends, Retail

Fire Damaged America's Best Hotel Going Back Into Commerce As Office/Retail Center NEW ORLEANS, Louisiana. March 26, 2015 – Tulane Avenue is the most anticipated

What You Don’t Know About the $2 Billion Tulane Avenue Hospitals

August 11, 2014

The largest new hospital development in the United States is the New Orleans 70 acre $2 billion combination of a new Veterans Administration hospital and,

There Will Be No Medical Office Buildings Constructed On Tulane Avenue

July 28, 2014

Even though there is much anticipation of spin-off commercial real estate development surrounding the new Veterans Administration and LSU hospitals on Tulane Avenue in New

Office Market Trend In New Orleans

July 24, 2014

| Local Economy, Price Trends

The supply of office properties for lease in Orleans Parish has grown over 8.85% annually the last three years, with 1.9 million square feet in

Louisiana Real Estate Agent and Appraiser Industry-What The Numbers Tell Us

July 18, 2014

Until this report, there has not been an analysis of the real estate agents and the appraisers in Louisiana. This report provides a snapshot of

What Is Killing The Appraisal Industry In Louisiana?

June 16, 2014

Most Louisiana appraisers licensed in 2013 actually live in Texas. The appraisal industry in Louisiana is undergoing a significant decline in the number of general

New Orleans Employment Falls Over Last 20 Years While Houma Grows 61 Percent

May 21, 2014

While the number of people out of work in Louisiana is one of the lowest in the U.S., the biggest city in Louisiana suffers from a decline

Economic Drivers of New Orleans Commercial Real Estate-The Petrochemical Industry

May 20, 2014

The new economic drivers of the New Orleans economy are not what you think. New Orleans transitioned from an oil based economy to a tourism

The Fastest Growing Cities In Louisiana-Not Who You Think

May 18, 2014

Fastest Job Growth In Louisiana Even through the state of Louisiana reports one of the lowest unemployment rates in the nation dropping to 4.5 percent, not all

Louisiana 4.5 Percent Unemployment Among Lowest In U.S.

May 18, 2014

The preliminary figures from The Bureau of Labor Statistics show Louisiana has a low unemployment rate of 4.5 percent, compared to the US rate of

Major Industries in the 10 Parish New Orleans Market

May 18, 2014

The major industries in the 10 parish area are hotel, health care and retail, but manufacturing is still number four on the list. The table

Feasibility of Retail Developments in New Orleans East

April 6, 2014

| Demand & Supply, Demographics, Local Economy, Price Trends, Zoning

New Orleans East is an area with seven times the national population growth rate and an estimated 100,000 people with median household income of $43,000

Economy Growth Rate Is Slowing

February 14, 2014

The growth rate of the economy is slowing, according to the latest figures released from the Bureau of Economic Analysis. Back in August 2013, personal

What Is Commercial Real Estate In New Orleans Really Worth?

February 13, 2014

| Demand & Supply, Local Economy, Price Trends

The total supply of commercial real estate for sale in New Orleans is approximately $726,000,000 with vacant land being the largest sector valued at almost $242

State Government Expenditures Exceed Revenues for the Third Time in the Last Four Years

January 23, 2014

[caption id="attachment_2598" align="alignleft" width="615"] pie chart revenue source[/caption] State Government Expenditures Exceed Revenues for the Third Time in the Last Four Years “A large part

Just Out Today-How Is The U.S. Economy Doing?

September 27, 2013

| Demand & Supply, Local Economy, Price Trends

One of the most important indicators of how the U.S. economy is doing is personal income because it shows the potential spending power of the

How Is The New Orleans Economy Doing?

September 17, 2013

Just out today is the Bureau of Economic Analysis report on GDP by MSA, showing last year the New Orleans-Metairie economy grew almost twice the

Mixed Martial Arts: New Orleans vs. U.S. Personal Income Growth

August 4, 2013

The last few years have been good to New Orleans, with lower unemployment than the rest of the U.S. and the focus on tourism resulting

Does US Employment Rate Affect The New Orleans’ Economy

May 22, 2013

The numbers are out, but the numbers behind the published numbers will startle you. Yesterday the Bureau of Labor Statistics released the latest numbers on

New Orleans Commercial Real Estate-What’s Driving The Economy

March 29, 2013

New Orleans commercial real estate depends on a thriving national economy. We just experienced, in 2008, the worst recession in history, and New Orleans managed

3rd Estimate Says Economy Grew 4/10 Percent In 4th Q 2012

March 28, 2013

The third estimate for how fast the economy grew last quarter is out, and the answer is 4/10 of one percent. Real gross domestic product

Believe It Or Not: Louisiana Unemployment Better Than National Rate?

November 3, 2012

The Louisiana unemployment rate has been lower than the national rate 90 percent of the time since 2002. Most of the variance occurred during several months

What You Don’t Know About Today’s Unemployment Rate News Release

November 2, 2012

| Local Economy, Price Trends

The Bureau of Labor Statistics released the latest economic news today that the unemployment rate was 7.9 percent but that doesn't tell the whole story.

What You Really Need To Know About Today’s GDP News

October 27, 2012

| Local Economy, Price Trends

You already should know that 3rd quarter GDP increased 2% compared to 2nd quarter's 1.3%, but what you really need to know is why and

Tulane Land Sale Brings Highest Price In History of New Orleans Commercial Real Estate

October 1, 2012

| Demand & Supply, Local Economy, Price Trends, Retail, Zoning

The highest price in New Orleans commercial real estate history was paid last week for vacant land on Tulane Avenue, evidencing growth that has surprised

How Is The U.S. Economy Doing?

September 27, 2012

Just out today: the economy is still growing, although at a slower pace. The Gross Domestic Product for the 2nd quarter of 2012 increased at

10 Times More Wealth In Real Estate Than Stocks

July 17, 2012

The household median value of rental real estate is $170,000 but the value in stocks is only $18,300, according to the US Census Bureau, which explains

Is Obama Right: The Private Sector Really Is OK?

June 11, 2012

Somebody must have leaked to Obama today's release of manufacturing profits showing a 9.45% increase in after-tax profits, from 134 billion in the 4th quarter of

Just Out Today-Louisiana Economy Grew By One Half Of One Percent in 2011

June 5, 2012

The Bureau of Economic Analysis released GDP growth by state today, showing Louisiana ranking in the bottom 40% and Mississippi in the bottom 20%, among

Just Out Today-Economy Slowing Even More Than First Thought

May 31, 2012

| Demand & Supply, Local Economy, Price Trends

Just out today is the actual number for GDP growth for the 1st quarter of 2012, showing a slowing of growth to an annual rate

New Orleans Largest Employers

May 22, 2012

Top employers in New Orleans. Company Type of Business Employment Ochsner Health System Health Care 9,107 St. Tammany Parish Public School Board Elementary & Secondary

Dr. Tichenor: A Part Of New Orleans Commercial Real Estate History

April 25, 2012