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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      Industrial Real Estate Market Q1 2008

      During 2007, the warehouse/industrial market was very active as well as the other commercial categories. The 2008 commercial real estate market, as other service categories, will be difficult to predict.  There are just two many unstable variables that could swing it in either direction. In 2007, the Bibb County industrial market remained basically unchanged from…

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        Hospitality Real Estate Market Q2 2008

        From 2004 to 2006 the U.S. Lodging industry experienced the strongest revpar growth in 22 years.  One chain scale that has continued to sustain record-breaking success is the category labeled “midscale without food and beverage.”  These properties represent 8,096 hotels with 705,305 guestrooms or 16.6 percent of the total U.S. room supply. Through May 2007,…

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          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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          How to Handle Maintenance Requests – Macon Property Management Advice

          Immediate responses are required when your tenant reports a maintenance issue or requests a repair at your rental property. Habitability issues are especially critical and require prompt attention. However, even minor repairs can save you money and keep your property better maintained. Repair needs never get easier or cheaper with time. One of the benefits…

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