Real Estate Seminar Features Finance Faculty, Donation to LSU

May 30, 2018

Brian Andrews headshot

Brian Andrews 

BATON ROUGE – "Have we rinsed off the horrors of the credit crisis that nearly toppled the global economy just ten years ago, only to repeat the mistake of ignoring warning signs today?" That is the question that Brian Andrews, an instructor in LSU Department of Finance, posed during his presentation at Baton Rouge TRENDS, an annual real estate seminar held April 18.

Andrews’ presentation, entitled “Rise and Repeat,” examined whether we could be repeating the past as consumer debt reaches pre-recession levels. He shared data that demonstrates that stock prices, national home prices, automobile debt and revolving consumer debt are all at historically high levels at a time of near historically low interest rates. He observed that some economists believe the economy to be in bubble conditions.

“The data shows that lenders have been aggressive in lending to the real estate industry even as regulators require more capital for real estate loans,” said Andrews. "I have a concern that the level of funds available, while high today, might not be sustainable into the future and that reduced funding levels will put downward pressure on real estate prices."

Andrews was joined by a panel of residential lenders, commercial bank lenders and permanent lenders discussing their opinions on financing trends. Mark Drennen, CEO of the Capital Area Finance Authority, concluded the talk by describing current financing programs available through his agency.

2018 marked Andrews’ 20th year as a seminar speaker. Organizers presented him with a special award honoring this achievement.

During the seminar, the Greater Baton Rouge Association of Realtors presented Professor Kelley Pace with a $10,000 donation in support of the LSU Real Estate Research Institute.

LSU’s Student Real Estate Association was also represented as members of the organization volunteered throughout the seminar.


About Baton Rouge TRENDS
The Baton Rouge TRENDS Seminar began in 1988 as a joint project of the Commercial & Investment Division (CID) of the Greater Baton Rouge Association of Realtors® and LSU’s Real Estate Research Institute. The goal was to provide real estate industry professionals an opportunity to come together and examine the state of the industry in our area, and help focus industry professionals on emerging trends, whatever their specialty. TRENDS has become an annual event, which continues to provide a critical examination and analysis of what’s going on in the marketplace — with an eye on what’s coming. For more on the seminar, visit batonrougetrends.net.


About the Department of Finance
The Department of Finance offers high-quality curricula to undergraduate and graduate students interested in careers in corporate finance, asset management, real estate, insurance, banking, financial planning and business law. The department boasts internationally renowned research faculty in several areas, including derivatives, asset management, banking and spatial econometrics. The department’s Securities Markets Analysis Research & Trading Lab utilizes the Bloomberg Professional service, the platform used by more than 300,000 leading business and financial professionals worldwide to make informed business decisions, and an extensive library of financial databases including the Wharton WRDS System. Additionally, the department encourages, supports and conducts research in real estate by housing the nationally renowned Real Estate Research Institute. For more information, visit our home page or call 225-578-6291.

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