Written by Timothy Boone for The Advocate | November 1, 2018
The St. Theresa Apartments, a 88-unit senior living complex in north Baton Rouge, has been sold for $3.6 million.
St. Theresa Investors LLC, a Baton Rouge group headed by Arthur C. Lewis III, bought the property at 3620 Winbourne Ave. in a deal that was filed Wednesday with the East Baton Rouge Clerk of Court’s office. The seller was St. Theresa Senior Housing 2009 LLC, a Hammond group made up of Michael and Brenda Peralta.
Bill Jeansonne, of Saurage Rotenberg Commercial Real Estate, represented the buyer, along with Hank Saurage. Jeansonne noted the property is next to Istrouma High School and a campus of Baton Rouge Community College. Chris Gremillion, of NAI/Latter & Blum in Baton Rouge, represented the buyers.
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).
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 19 years experience in the commercial and industrial real estate business and 14 years experience in commercial/industrial warehouse design and sale of handling equipment. His specializations include commercial and industrial development, brokerage, and leasing, as well as lease negotiations.
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 and president of the Capitol SERTOMA Club of Baton Rouge. He is currently a member of the Cadets of the Ole War Skule, an alumnus of Omicron Delta Kappa (OΔK), and a member of the Lakeshore Lions Club.
Saurage Rotenberg Commercial Real Estate, LLC is a member of the Baton Rouge Area Chamber of Commerce (BRAC); the West Baton Rouge Chamber of Commerce; 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).
