Multi-Family Property Management Outlook 2007

    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…

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      Understanding the Subprime Mortgage Meltdown

      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…

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      Rental Inspection Checklist - What Should You Look for in Macon

      Rental Inspection Checklist – What Should You Look for in Macon

      Inspecting your Macon investment property is an important part of renting it out.  Inspections will document the condition of your property and ensure your tenants are following the terms of their lease agreement. We recommend that you inspect your property annually. This gives you the opportunity to get inside and be sure everything looks good…

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        FICKLING WINS WITH LAS VEGAS SHOWING

        Retail was on the mind of over 40,000 people, the number of those who attended the International Council of Shopping Center’s 50th Annual Spring Convention in Las Vegas, Nevada from May 20ththrough the 23rd.   Twelve commercial real estate agents from Fickling and Company took advantage of the opportunity and met with many national retailers and existing…

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          Multi-family Real Estate Market Review 2008

          In 2008, the average occupancy for Central Georgia was 89.5%, a 1% improvement over the prior year’s results.  The markets experiencing the greatest increase in 2008 over 2007 were East Macon at 5%, Milledgeville at 5.5% and Warner Robins at 2%. The markets experiencing the greatest year-over-year downturn were Downtown Macon at 3% and North…

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            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…

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