Derbes Falgoust
Gulf South Commercial Real Estate Team
Press - Resources - Blog

IRS To Converters: Go REIT Ahead!

In the equivalent of an NFL referee throwing a penalty flag and then picking it up and saying "never mind," the IRS has notified three firms seeking to reorganize their real property holdings into new REITs that it will resume working on their conversion requests. The three companies in the process of REIT conversions - Lamar Advertising Co., Iron...
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What is the Difference Between Class A, B, and C Office Space

When showing office space to tenants, we are often asked questions regarding the classification of the office space. The most often asked question is, " What is the difference between Class A office space, Class B office space and Class C office space?" There is no simple answer because national organizations across the country define it differentl...
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September Sales Tax Revenues Increase 5.8%

Good news for Baton Rouge businesses and residents...according to the Baton Rouge Business Report, sales tax revenues increased 5.8% in the month of September.City and parish sales tax revenues increase 5.8%Sales tax collections in the city and parish, excluding vehicle taxes, rose to $12.8 million in August from $12.1 million a year ago-an increas...
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Louisiana Has Economic Momentum

According to a recent article on the Baton Rouge Business Report's Daily Report, Louisiana is doing better than a majority of the country as it climbs out of the recession. More good news for Louisiana and Baton Rouge!Louisiana compares well to most other states, economic data showsA new index of indicators of state economic momentum shows state ec...
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"Positive" Economic Outlook for Baton Rouge, LA

The Business Report's Top 100 Private Luncheon was held earlier this week and we heard good things about the future of Baton Rouge. Jim Richardson and Loren Scott think the Greater Baton Rouge Area will see an increase in jobs over the next two (2) years. Despite the troubling economic news we are bombarded with everyday, it appears good things are...
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