Written by Sule Aygoren Carranza, GlobeSt.com [October 25, 2010]
LOS ANGELES-The industry’s greatest problem these days isn’t the slow economy or lack of movement; it’s the pervading sense of negativity among market participants. That was the general consensus of the experts on the Industry Leaders Panel, a featured session during the RealShare Apartments 2010 conference, held Thursday at the Westin Bonaventure Hotel in Downtown Los Angeles.
When discussing the economic rebound, Al Brooks, president of commercial lending for Chase, said that although it’s a slow turnaround, the situation overall is good. “We’re so hung up on looking for the negatives that we don’t notice the enormous wind at our backs,” he commented.
Putting it more bluntly, Ric Campo, chief executive officer of Camden Property Trust, said, “We whine too much about the economy. The psychology is more negative today than it ought to be.”
And Stan Harrelson, chief executive officer of the Pinnacle Family of Cos., simply stated, “I’d just like to feel better about feeling good” about the economic situation.
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Hank Saurage obtained his Real Estate Sales License in 1984, followed shortly thereafter by his Real Estate Broker’s License in 1986. To further expand his business, he then obtained his Real Estate Broker’s License in Mississippi in 1997. In 1990, Hank earned the CCIM (Certified Commercial Investment Member) designation from the Certified Commercial Investment Member Institute. He is also a member of the Louisiana Commercial Data Base (LACDB), the National Association of REALTORS® (NAR), and the Greater Baton Rouge Association of REALTORS® Commercial Investment Division (CID).
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).