While the pandemic did not decimate the retail sector as much as one might have predicted last year at this time, it hastened trends that were underway before the onset of COVID-19: Vacancy rates in local shopping centers increased to more than 10% for the first time since 2014, and the growth of online shopping exploded at an unprecedented pace.
While the economy is showing positive signs of recovery, the yearlong pandemic has created uncertainty in the market that makes it difficult to predict the future of the multifamily and commercial real estate sectors in Baton Rouge, according to experts at this morning’s TRENDS Real Estate Seminar.
The questions below, informed by HBR’s consulting work and experience as board members and executive coaches, can enable boards to change from passive to active and from reactive to transformational.
Commissioner of Administration Jay Dardenne says he is not bitter that the LSU Presidential Search Committee did not name him to the short list of finalists for the university’s top job.