Macon Multi-family Market Update Q1 2009

    The Bibb County apartment market continued to be active in 2008, albeit considerably slower than 2007.  The capital crunch caused lenders to adopt more stringent lending standards or stop completely making loans.  The loan to value dropped to 75-80% and actual NOI was used to arrive at the value.  The demand for apartment complexes, especially…

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    Richmond Hill Site Plan Render

    Press Release: New Luxury Apartment Community to Begin Development in Richmond Hill, GA

    RICHMOND HILL, GA – 11/14/2016 (Fickling & Company Blog) — Fickling & Company announced plans to start construction of a new luxury apartment community in the highly desirable town of Richmond Hill, Georgia.  Lullwater at Richmond Hill will offer future residents one-, two-, and three-bedroom apartments in a number of different floor plans featuring high-end…

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      Commercial Real Estate Forecast 2008

      Whew!!  2007 – “That Was The Year That Was”.  That statement, the modified title of a 1970’s TV series, poignantly describes our past year in the world of Commercial Real Estate.  We saw a lot: frenzied buying, unbelievably low cap rates, non-recourse money, a lot of mezz debt and equity, 100% financing and THEN almost…

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      Halloween in Macon

      Halloween in Macon, GA, is filled with spooky fun, from family-friendly festivals to eerie haunted attractions. Whether you’re looking for a night of trick-or-treating, live entertainment, or a good scare, Macon has something for everyone. Here are some of the top Halloween events happening this year. 1. Spirits in October at Riverside Cemetery One of…

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        Macon Industrial Real Estate Market Forecast 2009

        Warehouse/industrial Market activity slowed in the 4th quarter of 2008, however the year ended with stabilized occupancy at 73%, basically unchanged from 2007. Occupancy in 2009 is expected to decrease. The construction industry is cutting back on occupied space as the cautious business climate and lack of financing continue to exert a negative influence in…

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