Multi-Family Property Management Outlook 2007

Fickling & Company’s Multi-Family Division has had an extraordinary year. Our apartment portfolio has doubled in size, and revenues are up by 55% over last year’s operating results.

The Fourth Quarter has been particularly successful for the Fickling properties.  We have consistently outperformed the market, with occupancies averaging 95% or greater.  Market rents have also substantially increased throughout the portfolio.

In 2006, our Multi-Family Division has greatly benefited from the implementation of our new on-site accounting system, MRI.  The accuracy and depth of the reports have assisted in our overall financial performance, as well as allowing us to provide a highly sophisticated report package for our owners.

Fickling & Co. is dedicated to the ongoing education and professionalism of our employees. To increase our training efforts in 2006, we joined the Grace Hill Training Program.

Our Multi-Family Division has recently completed the 2007 operating budgets.  We are anticipating another great year and our goals are aggressive.  We plan to expand our business and services into additional markets throughout the Southeast, as well as continuing to provide top tier service for our residents as well as our clients.

 

Susan Cooper
Director of Multi-Family Management
Macon Commercial Office
478-746-9421