Much has been accomplished since our last report. Lullwater at Saluda Pointe, our luxury apartment development in Lexington, South Carolina (a suburb of Columbia), has opened and has been leasing up at a very rapid pace. We have received certificates of occupancy on approximately 50% of the units and expect to be complete by the…
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…
As you all know, the commercial real estate business has experienced tough times. Financing to purchase a commercial investment has been very difficult or nonexistent. Recently, we interviewed several Middle Georgia banks offering commercial financing. The rules of the game have not really changed, they have just been enforced. You may remember what you did…
Buying a house might seem like something you do later in life—but getting into the market while you’re young can actually be a major win. Sure, it’s a big step, but with a little planning and the right mindset, homeownership in your 20s or early 30s can set you up for long-term success. Start Building…
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…
If you live anywhere in the South, you know the end of July is the start of the real heat. Without a pool or beach, it can feel like you are stuck indoors to stay cool. Luckily, if you live in or near Macon, there are many ways to get you and the family out…
Founded in 1803, Milledgeville served as the capital of Georgia during the Civil War. Today this charming southern town boasts a hip college vibe that has an eclectic mix of locally owned shops and dining options. From the busy downtown to the quiet lake and everything in between, Milledgeville has something to offer for everyone!…
The beginning of a new year is always a good opportunity to review and analyze the previous year’s activities and plan for the coming year. 2006 was an exciting and successful year for the development group. On the multi-family side, Lullwater at Saluda Pointe, our 280 unit luxury development in Lexington S.C. (a suburb of Columbia)…
If you’ve been thinking about selling your home, spring is hard to beat. There’s a reason it’s known as the busiest season in real estate—this is when everything tends to line up in a seller’s favor. For starters, buyers are out in full force. Warmer weather and longer days naturally get people moving, and many…
An open house is more than just a time for people to walk through your home—it’s your chance to make a really great first impression. With a little extra effort, you can turn it into an experience that helps buyers picture themselves living there. First things first: curb appeal. Before anyone even walks in, they’re…
