Industrial Property Market in Macon Q2 2007

    There were no significant changes relating to the industrial real estate inventory during the first quarter of 2007.  The vacancies in the market remain stable at about 4,000,000 square feet with a 75% occupancy rate.  Again, this vacancy was mainly attributed to large blocks of industrial space such as the 2,000,000 square foot Brown &…

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      Housing Market’s Effect On Warner Robins Real Estate

      Morgan Law, Director of the Houston County Industrial Authority, announced recently that in Houston County, there are currently 157 residential subdivisions either under construction, approved for development, or submitted for approval.  This is in light of the information we hear in the national news about the housing bubble.  We don’t believe the housing market turmoil…

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        Apartment Management Philosophy

        Our Multifamily Portfolio has continued to grow and prosper in the First Quarter of 2007. Our Property Management team has been very busy creating strategic plans of action for three new apartment communities. Our newly added properties include an A+ development in South Carolina, a 22 year-old asset in Middle Georgia, and 212 units in North…

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          Retail Real Estate Market Comparison 2007

          Retailers are always looking at the demographics of one area compared to another, to help them determine where they want to locate the next store.  Forbes Magazine recently ran an article on where they thought the 200 best places in the country were located and why.  This article was published just after tax-day and at the…

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            What Is A Short Sale?

            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…

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