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…
In our last article, we stated that we thought the housing market would continue to slump until mid-year and then start to stabilize. We may have been too optimistic. We now believe the housing slump will continue through year end and start to stabilize in early 2008. Some of the statistics that influenced our prediction…
In our last article, we stated that we thought the housing market slump would continue through year end and start to stabilize in early 2008. Unfortunately, there has not been any news that changes our belief. Some of the recent statistics indicate that we may still be too optimistic. The Commerce Department reported on December…
Despite the softening economy and turmoil in the capital markets, investors continue to have confidence in the U.S. commercial real estate industry. In a survey showing that one in five investors expect the economy to be stronger in 2008, the majority still want to invest more funds into commercial real estate. Concerns about financing will…
By all accounts, Fickling & Company’s Year End Review & Forecast was a smashing success. We have been overwhelmed with positive feedback. The panelists did a superb job answering questions and explaining their views on real estate trends and the current market. Attendees left with a better understanding of the Middle Georgia real estate market. …
Selling your home doesn’t have to mean tearing out cabinets or spending a fortune on renovations. In most cases, a few smart updates can make a big difference in how quickly your home sells — and how strong the offers are. If you’re getting ready to list, here are five practical improvements that can help…
Roy Fickling, President and CEO of Fickling & Company, Inc., announced today the hiring of retired Air Force Maj. Gen. Robert McMahon as President of Fickling Management Services, and Senior Vice President of Fickling & Company, Inc. He will succeed veteran commercial and investment real estate professional, Richard DeLisle. “We are saddened to see Rick…
While the weather outdoors may not be frightful knowing how to spruce up your home’s curb appeal still remains important during the rainy and sometimes cold Southern winter. Below are suggestions from HGTV which will help you capture the interest of buyers this winter. If you’re trying to sell your home during the holiday months,…
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…
Buying a piece of land and building on it is an exciting journey, but it comes with its own set of challenges. Whether you’re dreaming of a custom home or starting a new project, here are some simple tips to help you along the way. 1. Do Your Homework Before you buy, take time to…
