What Is A Short Sale?

    A Short Sale occurs when a bank allows an owner to sell property at a price that is less than the owner owes the bank.  In other words, the sales price is “short” of what is owed. This creates what is called a deficiency balance.  That is, even though the property has been sold to…

    Read More

      Multi-Family Leasing Trends

      A recent study showed that consumers spend over 1.2 Million hours each month looking online for apartments. Just as in any other industry, the technology is the way of the future in Apartment Leasing.  More and more consumers that are coming through our doors already know exactly what the community has to offer.  It is…

      Read More

        Retail Real Estate Market Q4 2007

        Retailers and Industry continue to move into our area. Investors are looking intently at our region. There are numerous projects in the works. Why are we enjoying this prosperity? For one, the real estate dollar goes a long way in our area compared to other areas around our region. For another, Atlanta sprawl moves closer…

        Read More

          Lullwater East Commmercial Developement

          Work has progressed well on our retail developments MarketPlace at Bass, Lullwater Village and Lullwater East here in Macon. At MarketPlace, the new McDonalds has opened and, judging from the crowds we are seeing there, is doing a great business at the corner of Bass Road and Bass Pro Blvd. We have heard many compliments…

          Read More

            Hospitality Real Estate Market Q2 2008

            From 2004 to 2006 the U.S. Lodging industry experienced the strongest revpar growth in 22 years.  One chain scale that has continued to sustain record-breaking success is the category labeled “midscale without food and beverage.”  These properties represent 8,096 hotels with 705,305 guestrooms or 16.6 percent of the total U.S. room supply. Through May 2007,…

            Read More