The National Multi-family Market was stronger in 2006 than it has been in the past few years. Owners were able to increase rates while decreasing the amount of concessions given to new tenants. Occupancy rates in many markets, increased as the supply of apartments were constrained due to the conversion of apartments into condominiums. Also,…
Fickling & Company’s Multifamily Division had an outstanding 2007. Total Revenue increased by an average of 9% over 2006 operating results. Overall occupancy increased by an average of 5%. Our success was largely due to hiring and training highly professional and knowledgeable employees, effectively raising rents as availability dictated, closely monitoring expenses, maintaining a strong…
Improving fundamentals across all property types is drawing a greater amount of investors to value-added assets. While there are still investors focusing on acquiring stable, well-leased assets, others have shifted their attention to buying value-added properties that offer income and value appreciation and higher returns through retenanting, repositioning, and/or the releasing of available space. It…
We’re happy to announce Kari Pollock joining the Fickling & Company team. In her own words: “I am committed to my clients and work hard to achieve results for them. Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional that understands the industry and is positioned to…
Summer is the perfect time to tackle those home maintenance projects that have been lingering on your to-do list. With longer days and warmer weather, you can finally give your home the attention it deserves. Here are some essential maintenance projects you can tackle this summer to keep your home in top condition. 1. Roof…
Why are economists predicting that the economy will started coming back in the latter half of this year? Because, as I explain below, that’s when the cuts in interest rates and the fiscal stimuli will take hold and be reflected in our measurements of how the economy fares. I am already seeing a loosing up…
The media has reported that 2016 is shaping up to be a seller’s market. Whether you are looking to buy or sell a home many industry terms can be quite confusing. Let’s explore the terms buyer’s and seller’s markets. The type of market is defined by the amount of available inventory. Therefore, if a market…
Georgia’s pecan history dates back to the 18th century, evolving into a thriving industry by the 20th century. Pioneers like Dr. L.J. Pollard played a crucial role in establishing the state as a prominent pecan producer. Landmarks such as Lane Orchards in Warner Robins continue this legacy today, highlighting Georgia’s enduring impact on pecan cultivation….
Buying a house is one of the biggest financial decisions that many people make in their lives. It is a tedious process, and it can be overwhelming, especially if you’re a first-time homebuyer. Understanding the first steps in buying a house is crucial to ensure that you’re making informed decisions and moving towards your goals….
As predicted, the Bibb County Industrial Market experienced a substantial vacancy increase in 2006 with the 2.2 million square foot Brown & Williamson Plant officially being added to the existing vacancy inventory of more than 2 million square feet of space. Total Industrial space in the Bibb County market increased to 16 million square feet in…
