NEW ORLEANS – The Commercial Investment Division (CID) of the New Orleans Metropolitan Association of REALTORS® hosted its annual Awards Gala on Thursday, June 6, 2019 at the Hyatt Regency New Orleans. The CID awards program included over 1,500 transactions and a combined $1.1 billion dollars in real estate activity by its members in 2018. Additional details were shared in a press release.
For the first time in its history, the program included a Deal of the Year, selected by an independent Blue-Ribbon Committee representing architectural firms, title companies, engineers, banks, and economic development organizations. The inaugural winner was Gerard Henry from Max J. Derbes, Inc. for his role in the $60,000,000 sale of the former Avondale Shipyard in Westwego.
“As an organization, we’ve very proud of our members’ contributions to the economic development of not just New Orleans, but the entire region,” said CID president Jon Cerruti of Jack Stumpf & Associates. “It’s important to us that they are recognized for their hard work, their professionalism, and their contributions to the community as a whole.”
Awards were given for the top sale and lease in each of six asset classes – retail, office, industrial, land, multifamily, and special purpose. Achievement Awards were also given to producers who earned from $2 million (Bronze level) to over $15 million (Diamond level) in credit volume for 2018.
In addition, Rising Star awards were presented to Daniel Marse from NAI Latter & Blum and Russell Bernstein from Keller Williams Realty. Bryce French from Max Derbes, Inc. was given the annual Service to the Industry Award.
“Sometimes real estate agents and brokers can be overlooked when considering a city or region’s economic drivers,” said CID president-elect Ryan Pearce of NAI Latter & Blum. “The expertise and experience they bring to the table on behalf of their clients can be invaluable.”
A full list of winners can be found at https://www.nomar.org/cid-awards/annual-awards.html.
