Currently the trend in New Orleans commercial real estate is to use tax credits to build apartments which fills the void of affordable housing; however, this trend is peaking since land is impossible to find under $20/SF in already populated areas.
With the estimated population of New Orleans MSA now exceeding 1,000,000, I believe opportunities still exist in these areas:
If you are looking for opportunities in commercial real estate, here are a few research reports which provide solid information:
Fast Population Growth Neighborhoods in New Orleans
Successful commercial real estate development in New Orleans starts first with identifying the changing demographics. Population growth rate is high on the list, and the fastest population growth in New Orleans is not where you think it is.
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Fast Population Growth
Using Technology To Find New Business Locations
Technology allows commercial real estate buyers and sellers, landlords and tenants, to select better locations for businesses, control advertising dollars and price rents more accurately.
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Using Technology For Commercial Real Estate Development
Negotiation
Successful negotiations are a key benefit that a commercial real estate expert can bring to the table. Here is how not to negotiate.
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Negotiations
How To Use Technology In Commercial Real Estate
CCIM, the leading commercial real estate organization, interviews commercial broker Robert Hand on the state of the New Orleans market and effective use of technology only available to agents with the CCIM designation.
Using Technology In 2023 For Commercial Real Estate
