Article Submitted by Margaret Kennedy, Sales & Leasing Consultant for Saurage Commercial Real EstateBy Paul Davidson, USA TODAY
The darkest cloud over the economic recovery — the troubled commercial real estate market — may be clearing a bit.Prices of commercial property are up slightly compared with last fall. Loan modifications have risen sharply the past six months. Commercial mortgage-backed securities (CMBS), a big funding source that was comatose for two years, has come to life recently.
The developments won’t alleviate the sector’s biggest problem: the rising pace of defaults. But they should contain the damage and provide a lifeline to better-performing properties, analysts say….To read the Full Article click HERE.
Raised in Canada, Margaret moved to Baton Rouge in 1991. She is a graduate of St. Joseph’s Academy. Margaret has ten years management experience and client relations and five years of property management experience. Margaret began leasing property in Baton Rouge and then continued with Property Management responsibilities in Dublin, Ireland. Upon her return to the States in 2002 she joined Saurage Realtors. As the property management supervisor at Saurage Realtors Margaret has gained thorough experience and knowledge on leasing, maintenance of single family and multi family, commercial real estate, and Home Owners Associations. Margaret decided to expand her knowledge and further put her experience to work by obtaining her real estate license 2006.
Saurage Company, Inc dba Saurage Commercial Real Estate was founded in Baton Rouge in 1991 with the purpose of providing exceptional real estate services with an emphasis on commercial property and property management. Saurage Commercial Real Estate offers to its clients a full range of real estate services including brokerage, investment advising, development consulting, REO disposition specialists, asset management, fee based consulting, tenant representation, and buyer representation. The staff of professionals includes combined experience of 50 years, as well as CCIM Designees and Candidates and recipients of Master of Business Administration.
