Much has been accomplished since our last report. Lullwater at Saluda Pointe, our luxury apartment development in Lexington, South Carolina (a suburb of Columbia), has opened and has been leasing up at a very rapid pace. We have received certificates of occupancy on approximately 50% of the units and expect to be complete by the…
In this video financial expert, Jill Schlesinger shares how critical it is for homes entering the market to be priced appropriately in order to build adequate interest. The first three weeks of a home’s entrance on the market are the most critical for creating interest and attracting buyers, and buyers often dismiss a listing that is…
Many have noticed that the price for land and timber real estate in Middle Georgia is climbing daily. The Big Four (which includes Bibb, Monroe, Houston and Jones Counties) command such a high price-per-acre that perhaps it is acceptable to land real estate investors; but they are pretty scary numbers to your average timber real estate or…
In my articles in the past newsletters I have discussed topics such as office vacancies and occupancy, valuing properties and key commercial terms to name a few. Most of the time I come up with the different subjects from questions from my clients. So suffice to say that is the same with this article. When…
I’m sure a lot of people would like to know what a Subprime Mortgage is and what exactly happened last Summer that resulted in the Subprime Mortgage meltdown. I think it is important to understand what events occurred that got us in this Credit crisis and how it has spilled over into commercial real estate. It…
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…
Last time we talked about St. George Island and The Plantation, a closed community development that has set a benchmark for real estate on the island. The real estate boom started around the year 2000 and peaked in June of 2005 with the highest price paid for a lot at $2.62 million. There were no…
2006 has been a record breaking year in Houston County real estate for new construction in the commercial realm of retail, office, hotels, churches, schools and multi-family projects. Within the last sixty days the city is showing twenty-seven commercial projects under review, eighteen more being resubmitted for review, nineteen approved, thirty-one under construction, and twenty-one…
Hanging Christmas lights on your house is a great way to get into the holiday spirit and make your home look festive. Whether you’re keeping it simple or going all out, here’s a quick guide to help you hang your lights without any hassle. Step 1: Plan Your Look Before you dive in, think about…
