Cameron Lombardo
President, Commercial Investment Division (CID)
New Orleans Metropolitan Association of Realtors (NOMAR)
Senior Sales Associate
RE/MAX Commercial Brokers Inc.
Established in 1994, RE/MAX Commercial Brokers Inc. has been one of the leading commercial brokerages in the Greater New Orleans area. Cameron Lombardo has been with RE/MAX Commercial Brokers since 2017 and has been an expert in commercial leasing and sales throughout Southeast Louisiana. He is extremely active in the local real estate community, including serving as the current president of the Commercial Investment Division of the New Orleans Metropolitan Association of Realtors.
What are you most excited about in the coming year? I am extremely excited about this coming year as the Greater New Orleans area will be in the public spotlight as host of the Super Bowl. I believe this will give the city a much-needed boost in energy!
We have also seen some exciting developments break ground, including Top Golf being built near the convention center. We are already starting to see a slight uptick in the market which is encouraging, and I believe this will bring new business here in New Orleans while also propping up our local mom-and-pop establishments.
What is the biggest challenge facing your industry? We continue to see the trend of high insurance rates affecting real estate transactions. Not only is it hurting the property owners, but also the tenants in those properties who also absorb the insurance rate hike through pass-through charges.
I have personally seen an uptick of buyers self-insuring their properties as the premiums are pricing them out of their purchases. There needs to be some action and change on state and federal levels to fight this thorn in the side of many property owners. I am optimistic, though, that 2025 will be the beginning of some relief in the insurance industry as a whole.
