Article provided by Hank Saurage, Associate Broker for Saurage Commercial Real Estate

Written by Sule Aygoren Carranza, RealShare Apartments [Friday, October 22, 2010]

LOS ANGELES—What a difference a year makes. At last year’s RealShare Apartments conference, the general mood was decidedly cautious. Today, the wariness is still though, but now it’s just a faint undercurrent. The more obvious sentiment among the 1,200-plus attendees at RealShare Apartments 2010, held today at the Westin Bonaventure in Downtown Los Angeles, is one of optimism.

That positive attitude was present in the keynote speech delivered by Doug Culkin, president of the National Apartment Association. He noted that the market has improved considerably since last year, and expects to see steady progress in terms of the economy, job growth and financing—that is, barring a double-dip recession. He said that while he expects GDP growth of about 3% this year, consumer spending will continue to be a drag on the overall economy. The lack of confidence in the economy, he added, is causing a dearth of confidence among businesses.

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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).