Stirling Investment Advisors (SIA), a division of Stirling Properties, recently brokered the sale of Sawgrass Point, a 272-unit, Class-AA multifamily property in the Baton Rouge submarket of Gonzales, Louisiana. The buyer was Passco Companies, a privately held California-based commercial real estate company. Chad Rigby, CCIM and Saban Sellers with SIA, and Telly Fathaly with Walker …
Surprising Retailer Poised for Greatness in 2021
Stirling Investment Advisors Broker $34M Sale of Tuscany Villas Multifamily Property in Baton Rouge, Louisiana
Stirling Investment Advisors (SIA), a division of Stirling Properties, recently brokered the $34 million sale of Tuscany Villas, a 274-unit, Class-A multifamily asset in Baton Rouge, Louisiana. Chad Rigby, CCIM, Managing Director-Multifamily Sales, and Saban Sellers, Investment Advisor-Multifamily, represented the buyer and seller in the transaction. Constructed in 2008, Tuscany Villas is located on South …
Multifamily Assets Remain Resilient Through Pandemic
Despite a challenging economic landscape, multifamily real estate has proven to be a steady revenue source and continues to be a sound investment strategy for investors. Our Stirling Investment Advisors specialize in multifamily investments across the Gulf South region. In this report, we drill down into local MSAs to demonstrate the resiliency of multifamily assets in our market area.
Gratitude in a Year of Uncertainty
2020 was a year of uncertainty. So much so it’s become a buzzword. But uncertainty is evident in everything—COVID-19, shutdowns, jobs, stimulus, a vaccine. In our industry, there’s uncertainty in which retailers will survive, which tenants will be able to pay rent, what deals will lenders lend on, what deals are investors looking for? The …
Cast the Widest Net to Achieve the Highest Price
Challenge Stirling Investment Advisors was tapped to sell a newly developed medical office building in New Orleans, Louisiana. Although the facility was fully leased to a major healthcare provider, the lease structure included a purchase option in favor of the tenant. The property was brought to market during the onset of the COVID-19 pandemic, which …
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When Timing, Location & Pricing Work in Harmony
Challenge Stirling Investment Advisors was engaged in selling a unique investment property for a client in Baton Rouge, LA. The opportunity included a garden office building and a multi-tenant warehouse. The property was 100% occupied, well-maintained and located in a highly sought-after area near the Country Club of Louisiana. The office building served as back-office …
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Recent Client Success – Speed, Relationships & Connections
Vital to achieving successful real estate investment transactions Challenge Stirling Investment Advisors developed a relationship calling on a potential client for years. Although a deal didn’t initially ensue, the client recently contacted us to enlist our help in selling an O’Reilly Auto Parts retail store he had developed in Amite, Louisiana. The client’s goal was …
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Investment Analysis: What are owners doing with commercial assets in today’s challenging landscape?
Real estate investors and owners across the spectrum are still working to fully understand the impact of the COVID-19 pandemic on their assets, tenants and financing structure. While the initial blows of the crisis are in the past, there is still a gradual and uneven recovery process ahead. How many more store closures are on …