The Greater Macon Chamber of Commerce and the Macon Economic Development Commission (MEDC) hosted their 155th Annual Meeting on Thursday, December 3rd at Middle Georgia State University. During the meeting Patty Burns, a broker with Fickling & Company, received the Ambassador of the Year Award. The Ambassadors Committee maintains and enhances a membership retention program…
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…
In the twenty-seven some odd years I have been in the commercial real estate business, I have been asked quite frequently how we, in our profession, value property. Things like “How do you value a piece of commercial property?”, “What do you think my property is worth?”, “How do I go about purchasing commercial property?”,…
When you hire a professional Macon property management company, you’re looking for years of experience in the local market, additional expertise in the industry as a whole, and new ideas that will help you earn more and spend less on your investment.
As financial institutions are still trying to weather the storm from Subprime Mortgage Crisis, real estate investors should anticipate great challenges in 2008. The instability in the financial markets has had a domino effect in the investment market for commercial real estate assets. It first began with an impact on the lenders which moved right through…
As usual, Warner Robins continues to grow with new projects announced in the second quarter of 2007. A 232-unit apartment project is under construction on Leverette Road west of Hatcher Road. The Oasis Shopping Center on S. Houston Lake Road is nearing completion. Circuit City has begun construction at 2951 Watson between Hobby Lobby and…
It may be hard to believe, but the back-to-school season is right around the corner. As summer wraps up, now is the perfect time to get your home organized and ready for a fresh start. A well-prepped space can ease the transition and set your whole family up for a successful school year. Here are…
We just finished with the first quarter of the new year. Currently, land prices in Georgia are great for the buyer and the seller. With prices still rising, it is a great time to buy or sell in our market. Rural land prices are still going up in all counties and it does not seem…
Change is coming, but the Hospitality Lodging Industry’s immediate future still looks bright. Lodging Outlook for 2008 Stressing that they foresee no recession in the immediate future, analysts at PFK Hospitality Research have taken a swing at what such a trough would look like, should the views of the industry pessimists prove correct. At first…
2008 in Warner Robins and Houston County was an interesting year. Warner Robins was singled out and named “The Best Place to Raise a Family in Georgia” by Business Week Magazine. Shortly thereafter the announcement came that Warner Robins was chosen as the Southeastern Headquarters for the National Little League Association. Houston County Board of…
