Our Not So Excellent
This presentation is the property of its rightful owner.
Sponsored Links
1 / 38

Patrick Egan, CRE PowerPoint PPT Presentation


  • 110 Views
  • Uploaded on
  • Presentation posted in: General

Our Not So Excellent. Katrina Adventure. Patrick Egan, CRE. Exec. V.P., Director of Commercial Sales and Leasing. Forecast - Thursday, August 25. Thursday, August 25. Forecast - Friday Morning, August 26. Forecast - Friday Afternoon, August 26. Forecast - Saturday Evening, August 27.

Download Presentation

Patrick Egan, CRE

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Patrick egan cre

Our Not So Excellent

Katrina Adventure

Patrick Egan, CRE

Exec. V.P., Director of Commercial Sales and Leasing


Patrick egan cre

Forecast - Thursday, August 25


Patrick egan cre

Thursday, August 25


Patrick egan cre

Forecast - Friday Morning, August 26


Patrick egan cre

Forecast -Friday Afternoon, August 26


Patrick egan cre

Forecast - Saturday Evening, August 27


Patrick egan cre

Sunday, August 28


Patrick egan cre

Sunday, August 28


Sunday august 28

Sunday, August 28


Monday august 29

Monday, August 29


New orleans levee system

New Orleans Levee System


Levee breaches and flooding

Levee Breaches and Flooding


Levee breaches and flooding1

Levee Breaches and Flooding


Patrick egan cre

Storm Aftermath


Patrick egan cre

Storm Aftermath


Patrick egan cre

Storm Aftermath


Patrick egan cre

Storm Aftermath


Days following storm

Days following storm

  • No electricity, water in entire city

  • No local radio/TV broadcasts

  • No cell phone service anywhere w/504 AC

  • Agents scattered

  • Baton Rouge business explosion

  • Great uncertainty as to timeline for return


Steps taken

Steps taken

  • Emergency Yahoo.com email address posted to web

  • Web was initially primary communications source

  • Assembled roster/contacts/message board

  • Baton Rouge office became new communications center once power restored -added desks/wireless internet – email server reset to B.R. in 48 hrs.

  • B.R. became home for next two months

  • Monitored New Orleans situation-arranged trip back in


Storm aftermath

Storm Aftermath

  • Three of our branch residential offices destroyed

  • Several staff and agents didn’t return

  • Latter & Blum returned to metro New Orleans Oct. 17

  • Returned to our downtown offices Jan. 9.

  • Moved again in March of the following year to our current building


Patrick egan cre

September 9th


Patrick egan cre

Storm Aftermath

Paratroopers from Bravo Company, 2nd Battalion, 505th Parachute Infantry Regiment, 82nd Airborne Division, patrolling Bourbon Street.


Patrick egan cre

Storm Aftermath


Patrick egan cre

Storm Aftermath


Patrick egan cre

Storm Aftermath


New orleans today

New Orleans Today

  • 76.4 % of pre-Katrina residences actively receiving mail in Orleans Parish, a 4.3 % increase from last August.

  • 89.6 % of pre-Katrina residences actively receiving mail in the metro area, a 4.3 % point increase from last August.

  • The New Orleans metro area lost only 0.9 % of total jobs since last June compared to a 4.1 % loss for the nation.

  • Compared to the 100 largest metros, New Orleans had the sixth lowest unemployment rate in the first quarter of 2009.


Patrick egan cre

  • Still many questions regarding new flood maps, levee repairs, rebuilding plans

  • Floodgates have been built at three canals


Patrick egan cre

Source: Latter & Blum Commercial Division

Source: Latter & Blum Commercial Division


Patrick egan cre

Source: Latter & Blum Commercial Division


Patrick egan cre

ELMWOOD YEAR END RESULTS

Source: Latter & Blum Commercial Division


Patrick egan cre

Greater New Orleans Area Gross Industrial Absorption

Source: Latter & Blum Commercial Division


Patrick egan cre

HYATT REGENCY – AFTER KATRINA


Patrick egan cre

Source: PKF Consulting


Patrick egan cre

French Quarter HotelStatement of Actual Revenue and ExpenseYears-Ending 2005-2006


  • Login