Article written by Bill Jeansonne, Commercial Investment Specialist for Saurage Rotenberg Commercial Real Estate, December 10th, 2013.
The business world and certainly the world of commercial real estate are always moving targets. In the November 2013 of Commercial Investment Real Estate Magazine, published by the CCIM Institute, William Hughes’ article, “A Stronger Asset,” states “The current economic landscape has assembled an array of factors to structurally change real estate investment standards.” He outlines a number of factors “intertwining” US and global economies as well as an “increased access to a variety of capital sources.”
Changing factors discussed in his article include: Cap Rate Movement; increased importance of secondary and tertiary metros, such as south Louisiana; and rising interest rates. Each of these factors is of noteworthy importance to all real estate investors.
One of the charts included in his article highlights an easing of lender standards:
image courtesy of CIRE Magazine
To read this article, click HERE.
Bill Jeansonne, a native of Alexandria, Louisiana, received both his undergraduate degree and master’s in business administration (MBA) from Louisiana State University (LSU). Bill has 13 years experience in the commercial and industrial real estate business and 14 years experience in commercial and industrial warehouse design and sale of handling equipment. His specializations include commercial and industrial development, brokerage, and leasing, as well as lease negotiations and tenant build outs.
A Designee member of the Certified Commercial Investment Member Institute (CCIM), Bill’s professional memberships include Baton Rouge’s Commercial Investment Division (CID), the LSU MBA Alumni Association, a founding member of the board of managers for the Louisiana Commercial Data Base (LACDB), a member of Louisiana REALTORS® (LR), a member of the National Association of REALTORS® (NAR), and a member of the International Council of Shopping Centers (ICSC). Bill has also served as a president of CID, a chairman of the CID Trends Program, a chairman of the LSU MBA Alumni Association Louisiana Looking Up Program, and on the Baton Rouge Area Chamber (BRAC) Trends committee. His current civic affiliations and past service include board chairman of the Baton Rouge Speech and Hearing Foundation, president of the Capitol SERTOMA Club of Baton Rouge, member of the Cadets of the Ole War Skule, and an alumnus of Omicron Delta Kappa (OΔK).
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 Growth Coalition; 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).