Article submitted by Jim Allen, Sales and Leasing Agent at Saurage Rotenberg Commercial Real Estate
Article written by Integra realty Resources – Wed, Jan 8, 2014 9:00 AM EST
Real estate values are expected to rise over the next three years, according to Integra Realty Resources’ (IRR) Viewpoint 2014 report, the industry’s annual compendium of real estate valuation, investment, and leasing trends and forecasts. Improved property fundamentals will drive the upward trend in real estate values, and they are likely to offset any potential increases in cap rates during this period. The strong recovery of property fundamentals has already established the real estate sector as a safe harbor for investors in search of yield in the current low-interest-rate environment. These dynamics will add to favorable value appreciation during the next three years.
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Jim Allen earned his bachelor’s degree from Baylor University in Waco, Texas and his masters from Louisiana State University. In addition to his multiple degrees he has taken numerous coursework in banking, marketing, accounting, and business law. As a complement to his sales experience, Jim also has 25 years experience in commercial real estate financing.
Saurage Rotenberg Commercial Real Estate is a member of the Baton Rouge Area Chamber of Commerce (BRAC); the West Baton Rouge Chamber of Commerce; the Baton Rouge Better Business Bureau; the Louisiana Commercial Data Base (LACDB); and the International Council of Shopping Centers (ICSC). Several agents, on an individual basis, are members of the Society of Industrial and Office Realtors® (SIOR), the Certified Commercial Investment Member Institute (CCIM); the National Association of REALTORS® (NAR); and the Greater Baton Rouge Association of REALTORS® Commercial Investment Division (CID).
