Multi-family Property Management Update Q1 2008

    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…

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      Things to Consider Before Listing Your Commercial Property

      When you get ready to sell your property, there are a number of things to consider before listing.  Who will market the property, how much to sell for, how and where to market the property, just to consider a few.  Selling a property is a time consuming and tedious project therefore, consider the following questions before…

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        Commercial Real Estate Continuing Credit Crunch

        As financial institutions are still trying to weather the storm from Subprime Mortgage Crisis, real estate investors should anticipate great challenges in 2008.  The instability in the financial markets has had a domino effect in the investment market for commercial real estate assets.  It first began with an impact on the lenders which moved right through…

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          Fine Tuning Commercial Property Management

          The restructuring of the property management department has proven to be successful.  New policies and procedures have been introduced and owners have noticed our proactive approach rather than reactive approach. The tenants are finding that the response time to maintenance calls has been cut in half.  The daily operations of the management department run more…

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            Multi-Family Property Management Outlook 2007

            Fickling & Company’s Multi-Family Division has had an extraordinary year. Our apartment portfolio has doubled in size, and revenues are up by 55% over last year’s operating results. The Fourth Quarter has been particularly successful for the Fickling properties.  We have consistently outperformed the market, with occupancies averaging 95% or greater.  Market rents have also…

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