Biz New Orleans - May Issue
Biz Talk Podcast - Episode 50
Commercial Real Estate Market Improving But Pandemic Effects Still Unclear
Henry Shortess with SVN | Urban Properties shares his thoughts on how remote work has changed the commercial market in the region.
Tim Thompson
Head of Brokerage, SVN | Urban Properties
Over the last few years, we have assisted Anthony Marullo in acquiring hundreds of units throughout the NOLA metropolitan service area, which he converts to voucher programs because of the lack of supply in New Orleans. New Orleans is short tens of thousands of units. Marullo is willing to spend the money to upkeep, renovate and continue to operate affordable housing. We are currently assisting Marullo in closing on two complexes in Uptown New Orleans.
Biz Talks - Episode 50: Commercial Real Estate Market Improving – But Pandemic Effects Still Unclear
The COVID-19 pandemic affected the residential and commercial real estate markets very differently. In New Orleans and elsewhere, home prices climbed as buyers sought more space and listings became scarce. The work-from-home trend, meanwhile, has emptied out office buildings while health restrictions reduced foot traffic in hotels, restaurants and stores. In this week’s podcast, Henry Shortess of Urban Properties Real Estate gives his take on regional commercial real estate trends.
Episode 50: Commercial Real Estate Market Improving – But Pandemic Effects Still Unclear
04/13/2021 Rich Collins
The COVID-19 pandemic affected the residential and commercial real estate markets very differently. In New Orleans and elsewhere, home prices climbed as buyers sought more space and listings became scarce. The work-from-home trend, meanwhile, has emptied out office buildings while health restrictions reduced foot traffic in hotels, restaurants and stores. In this week’s podcast, Henry Shortess of SVN | Urban Properties gives his take on regional commercial real estate trends. LISTEN HERE!
Henry Shortess Bio
Henry Shortess joined SVN | Urban Properties as an agent in the summer of 2019. Prior to Urban, Shortess was an equity research associate for two years with Johnson Rice & Co., a boutique energy-focused investment brokerage firm in New Orleans. Shortess graduated from Louisiana State University with a Bachelor’s degree in Business Management, and was also a member of the men’s basketball team as a walk-on before earning a scholarship in his final semester. He holds a master’s degree in energy management from Tulane University’s A.B. Freeman School of Business. Shortess enjoys exploring all that New Orleans has to offer, including its world-class food and music scene.