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Climbing Back to Prerecession Employment Levels

The Atlanta Fed’s SouthPoint blog provides commentary and observations on regional economic topics, issues, industries, and trends.  “The Long Climb Ahead”, a recent blog post by Michael Chriszt, assistant vice president in the Atlanta Fed’s research department, explores how the states are doing in terms of getting back to prerecession employment levels, with a particular emphasis on Louisiana, Mississippi, Alabama, Florida, Georgia & Tennessee.  According to the post, “Georgia has not even started its climb, and when Florida looks up at where it needs to go to get back to where it was in terms of total employment, its climb is incredibly steep. Alabama has a long way to go, Mississippi and Tennessee are a bit farther along, and Louisiana is getting close to the summit.”

Mr. Chriszt also includes charts that highlight the divergence between public and private sector employment growth.  “Only six states fall in the ‘expanding’ quadrant for government employment, and only two states have private sector employment that falls in the ‘lagging’ quadrant.”   Consistent with the overall findings, Louisiana’s private sector employment momentum is ‘expanding’, although government employment momentum is ‘lagging’.  Click here to read the entire post

Private Sector Employment Momentum

November 23, 2011|Blog, Economic Development, Market Research|

Jennifer West Appointed To Accounting Systems Analyst for Stirling Properties

Jennifer WestCOVINGTON, Louisiana —- (November 21, 2011) Stirling Properties is happy to announce that Jennifer West is the company’s new Accounting Systems Analyst after transitioning from her previous role as Property Controller earlier this month.

The Accounting Systems Analyst is a new role created to manage and oversee the functions of Yardi VoyagerTM, a property management and accounting system that Stirling Properties purchased in late 2010.  In this new role, Ms. West will take the lead in setting up new modules, creating new reports and training personnel on various aspects of the system.  Ms. West, who has been with Stirling Properties for 13 years, will also continue to provide accounting services for several of her assigned property management properties.

“With the implementation of the Yardi system, it became apparent we needed someone to focus on employing our operational processes within the system for us to become as effective as possible,” said Paul Mastio, Chief Financial Officer of Stirling Properties.  “Jennifer has the knowledge and experience at Stirling to accomplish these goals.”

“I’m excited about the opportunity to connect our daily processes within the Yardi system.  The more familiar we are with the system nuances, the more efficient our team will become,” said Ms. West.

November 21, 2011|Corporate, news, Press Releases|

Stirling Properties Promotes Chris Abadie to Vice President and Manager of Commercial Brokerage Division

Chris AbadieCOVINGTON, Louisiana —- (November 17, 2011) Stirling Properties has promoted Chris Abadie to Vice President and Manager of the Commercial Brokerage Division after 11 years as a Sales and Leasing Executive with the company.  

“During Chris’s tenure with Stirling Properties, he has not only been a productive agent, consistently representing large clients, but has demonstrated management qualities that we feel prove to be an invaluable asset,” stated Marty Mayer, President and CEO of Stirling Properties. 

In his new role, Mr. Abadie will oversee all aspects of commercial operations throughout each of Stirling Properties brokerage offices located in Louisiana and Mississippi.  His focus will include directing sales efforts, new business development, recruitment, and training of new agents.  (more…)

November 17, 2011|Commercial, Corporate, news, Press Releases|

Stirling Unveils New Websites for Hammond Square and Pan American Life Center

Stirling Properties is excited to unveil new websites for Hammond Square in Hammond, Louisiana and Pan American Life Center in New Orleans. 

Hammond Square - Hammond, LA Pan American Life Center - New Orleans, LA

Stirling Properties’ Beth Cristina Receives National Commercial Award

NEW ORLEANS,Beth Cristina Louisiana —- (November 10, 2011) Stirling Properties’ Beth Cristina, Commercial Broker Associate in the New Orleans office, was recently recognized for outstanding commercial achievement as a 2011 National Commercial Award recipient.  Given by the Commercial Real Estate Division of the National Association of REALTORS® (NAR), the award was created to highlight and honor commercial specialists who have distinguished themselves in their communities.  (more…)

Rendering of Walgreens on Magazine Street

Stirling Properties is renovating the old American Legion Hall located at 5518 Magazine Street in New Orleans into a new Walgreens Drug Store. Demolition on the site will begin in November with construction slated to begin during January of 2012. The new store is scheduled to open summer 2012.

5518 Magazine Street - Before & After

5518 Magazine Street – Before & After

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