Posts tagged real estate developments
What are "test fits" and do I need one?

We all enjoy trying on clothes before buying them, right? Think of test fits as the real estate equivalent of trying on clothes. Lately, we've seen a surge in feasibility studies for potential properties, which are often referred to as "test fits". This increase may be a response to last year's freeze on short-term rentals in Orleans Parish, which left many developers wondering, "What else can I do with this property?" Let's explore some key questions that test fits are designed to address.

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Can Third Place Developments Fill Our Vacancies?

The term “third place” has infiltrated our market as a space to be in that isn’t - one, our home, or two, our office…it’s our third place: a place to socialize, be creative, relax, meet and entertain.

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