Article submitted by Bill Jeansonne, Commercial Investment Specialist for Saurage Rotenberg Commercial Real EstateIn a recent article in Commercial Investment which is a monthly magazine of the CCIM Institute, David Rifkind describes himself as a CEO—Corporate Executive Optimist.
It is extremely important for each of us to have a clear understanding where both the national and local markets are heading. In south Louisiana we have been “lucky”—the recession has been much worse elsewhere.
Mr. Rifkind perceives “emerging signs of a new cycle”—those signs center on: Liquidity, Transactions and Recapitalization.
On a national perspective he sees Liquidity is returning to the market. Transaction volume is expected to show a “meaningful” increase in the next year. Finally, the impact of a huge amount of maturing real estate debt between 2011 and 2015 is expected to impact the market. A sizable amount of capital –from commercial mortgage backed securities (CMBS), banks, and life insurance companies— currently on the sidelines is expected to be very active in coming months.
Personally, count me in as anOptimist. To read this article in its entirety click HERE.
To view this week’s Featured Property 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).
