Article submitted by David Walker, Leasing and Sales Agent for Saurage Rotenberg Commercial Real Estate

Story by RISMedia, 2014

Commercial and multifamily mortgage lending is expected to increase in 2014, as lenders’ appetites to place new loans grow even stronger, according to a new Mortgage Bankers Association survey of the top commercial and multifamily mortgage origination firms. Lenders were also polled on their expectations for borrower appetites in the New Year. A full 91 percent of the top firms expect originations to increase in 2014, with 48 percent expecting an increase of 5 percent or more. Almost two-thirds (64 percent) expect their own firm’s originations to increase by 5 percent or more.

“Commercial and multifamily lenders anticipate a market in which lending continues to grow and their firm gets a bigger piece of the pie,” says Jamie Woodwell, MBA’s Vice President for Commercial Real Estate Research. “Borrowers’ appetites to take out new loans are expected to remain strong, but perhaps drop a bit from 2013 levels. The resulting competition to lend leads originators to expect loan risk to increase marginally in the face of moderating returns.”

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David Walker joined Saurage Rotenberg Commercial Real Estate in 2012. David is a graduate from University of Southern Mississippi with a multi major in Accounting, Marketing and Business Administration. David practiced accounting with KPMG in New Orleans, LA. He then began working with Audubon Insurance gaining multiple years’ experience in this field. Leaving as Chief Operating Officer from Audubon Insurance, David began his real estate development career. David has multiple years in real estate brokerage dealing in farm and large tracts of land.

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).