Written by Mark Heschmeyer July 24, 2013 of CoStar Group
More banks are jumping on the CRE bandwagon as they continued to report improving commercial real estate credit quality, increased lending and strong competition for property financings for the quarter just ended.
And, unlike concerns that have surfaced over the impact that rising interest rates could have on residential real estate, banks generally see the uptick in rates as a positive for CRE.
Overall, bankers have reported slight increases in total loan volume citing stronger demand for commercial real estate loans, while a few banks reported some easing in their underwriting for commercial real estate loans.
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Kathryn G. Juneau joined Saurage Rotenberg Commercial Real Estate in 2011. Kathryn is a memeber of the Louisiana Commercial Database (LACDB) and Loopnet.com. Kathryn is also a memeber of the Junior League of Baton Rouge.
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).