The Costs Of Going Green In Commercial Real Estate

    In the late seventies, General Motors introduced a revolutionary electric vehicle designed to address high oil prices and long gas lines.  Unfortunately, battery system problems prompted GM to abruptly scrap the program.  GM bought back vehicles from customers, cleared dealer lots and ran the fleet through the crusher. Thus ended the immediate promise of alternative…

    Read More

      Commercial Real Estate Investing and Aquisitions

      It appears the Federal Reserve is finally done with its interest rate hikes in the wake of mixed economic signals on inflation and housing.  Besides rising energy prices, inflation has been tamed for the time being.  Employment statistics still look good, but wage increases for most workers have been almost non-existent.  The Ten Year U.S….

      Read More

        Fickling acquires Fieldstone Apartments

        Fickling & Co., Inc. is pleased to announce our newest multifamily acquisition, Fieldstone Apartments.  Fieldstone is located in Mebane, North Carolina, a second-tier market centrally located between Raleigh/Durham and Greensboro, North Carolina.   Fickling and its joint venture partner out of New York closed on the property on June 19, 2007. Fieldstone, our new community, consists…

        Read More

          Multi-family Property Management Update Q1 2008

          Fickling & Company’s Multifamily Division had an outstanding 2007.  Total Revenue increased by an average of 9% over 2006 operating results.  Overall occupancy increased by an average of 5%.  Our success was largely due to hiring and training highly professional and knowledgeable employees, effectively raising rents as availability dictated, closely monitoring expenses, maintaining a strong…

          Read More

          Bob McMahon Panelist for the 2016 Macon-Bibb Mayoral Forum

          The Macon-Bibb mayoral candidates spoke on topics such as education, road infrastructure, and the best and worst of the Macon-Bibb consolidation on Tuesday, April 12th, 2016 during a forum held at the Douglass Theater. The event was televised by 13WMAZ and video clips, pertaining to the major topics, are currently featured on their website. The guest panelists echoed the…

          Read More

            Hospitality Real Estate Market Status

            As we are moving into the 3rd quarter of the year, the hospitality industry is still strong in the commercial sector.  However, even though the sellers are holding onto pricing of a minimum of four times or more, the gross revenues excluding taxes buyers have slowed down and are being more conscious on paying the price which…

            Read More

              Industrial Real Estate Market 2006, A Look Back

              As predicted, the Bibb County Industrial Market experienced a substantial vacancy increase in 2006 with the 2.2 million square foot Brown & Williamson Plant officially being added to the existing vacancy inventory of more than 2 million square feet of space. Total Industrial space in the Bibb County market increased to 16 million square feet in…

              Read More