Local Real Estate Experts Gather to Discuss Market

NOMAR, CID, CCIM Louisiana, the Louisiana Realtors and Loyola presented their 4th Annual “Economic & Real Estate Forecast” & “Anatomy of a a public-Private Real Estate Deal:  A Case Study”  on October 14. Speakers at the event included; Quentin L. Messer, Jr., Assistant Secretary, Louisiana Economic Development, Gary LaGrange, President & CEO Port of New Orleans Port, Dr. Wade Ragas, Real Property Associates, Inc., Dr. James Richardson, LSU Economist, and Mr. James T. Montgomery, Touro President. The speakers covered a wide range of topics from ‘Insights on the State Economy & Impact of Mega Developments’ to ‘Local economy trends & the Ripple Effect of Port of New Orleans’

CityBusiness highlighted the speakers’ optimism about the local market, while reporting that lack of inventory to meet the anticipated demand and questions as to when a proposed comprehensive zoning ordinance for New Orleans will go into effect are some of the biggest problems facing the market.

 

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