Whew!! 2007 – “That Was The Year That Was”. That statement, the modified title of a 1970’s TV series, poignantly describes our past year in the world of Commercial Real Estate. We saw a lot: frenzied buying, unbelievably low cap rates, non-recourse money, a lot of mezz debt and equity, 100% financing and THEN almost…
Only when the tide goes out do you discover who’s been swimming naked. – Warren Buffett Open any newspaper or turn on any news channel and you will hear the same thing: The Real Estate market is doomed. Interest rates are beginning to rise while the numbers of new real estate buyers are shrinking. Not to…
Decorating a home for the holidays takes on a new meaning once a person learns that family members are planning to visit. No one enjoys finding themselves scrambling, at the last minute, to come up with decoration ideas. As a guest’s arrival date gets closer decorating the entire house becomes less of an option. What do you do…
A Short Sale occurs when a bank allows an owner to sell property at a price that is less than the owner owes the bank. In other words, the sales price is “short” of what is owed. This creates what is called a deficiency balance. That is, even though the property has been sold to…
Being Fickling & Company’s newest addition, I am proud to join in on enhancing the company’s success. It is a great pleasure to be with a company that has been around for such a long time and is highly reputable with continuous growth. I bring to the company over 18 years of hospitality industry experience in…
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…
If you know where to go Imagine this; You have some time off and want to utilize it to the best of your ability. Problem is, it isn’t enough time to travel far. If you live in Georgia there are endless amounts of things you can do within only a few hours drive. Some things…
Selling your house can feel like a huge task, but it doesn’t have to be stressful. With a little prep work and some smart strategies, you can make your home stand out, attract serious buyers, and walk away with a great deal. Here are a few tried-and-true tips to help you sell your house quickly…
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…
There’s just something about fall in Macon. The air gets a little cooler, the leaves start to change, and suddenly the calendar fills up with one fun event after another. If you’re looking for things to do this season, here are some of the best fall festivals happening around town. Ocmulgee Indigenous Celebration On September…
