Weekly CRE Update from Saurage Rotenberg Commercial Real Estate, LLC

Weekly Features presented by Jim Allen

April 19, 2023

Feature Article: Small banks finance a majority of commercial development loans

Recently, Emily Peck stated in an article that lending among small banks in the U.S. was already underway before the collapse of Silicon Valley Bank and Signature Bank. Even though big banks get way more attention, smaller banks play a huge role in the economy. Small banks hold 67.2% of all outstanding commercial real estate loans and 37.6% of overall loans.

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Feature Property: South Frontage Road, I-10, Lacassine, LA 70647

Vacant Land for Sale

This property is located on South Frontage Road in Lacassine, Louisiana with 1,659 feet of frontage. This property is 33 acres and is only 12 miles away from Lake Charles, Louisiana. This property would be a great opportunity for any businesses in industrial, commercial, retail, hospitality, manufacturing, laydown yards, and convenience stores. Owner will consider reasonable offer.

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Jim Allen

Commercial Sales & Leasing Specialist

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3475 Hwy 1 South, Port Allen, LA

Lobdell Hwy., Port Allen, LA

8794 South Choctaw Dr., Baton Rouge, LA

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