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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      Current Commercial Real Estate Credit Crunch

      Why has the sub-prime mortgage debacle resulted in a credit crunch on commercial mortgage backed securities lenders (CMBS) as well?  Well, most insiders don’t believe it is a direct result of the sub-prime hangover.  They believe it has been in the works since the beginning of the second quarter when Moody’s issued a warning that…

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        Multi-family Real Estate Market Review 2008

        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…

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          Commercial Office Space Measurement

          “Give an inch take a mile… I wouldn’t touch it with a ten foot pole… a miss is as good as a mile… he won’t budge an inch.” There are all kinds of metaphors for measurements and some are really confusing. Well, commercial office space measurement can be just as confusing. What I will try…

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            How Is Commercial Real Estate Valued?

            In the twenty-seven some odd years I have been in the commercial real estate business, I have been asked quite frequently how we, in our profession, value property.  Things like “How do you value a piece of commercial property?”, “What do you think my property is worth?”, “How do I go about purchasing commercial property?”,…

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              Hospitality Real Estate Market Status

              As we are moving into the 3rd quarter of the year, the hospitality industry is still strong in the commercial sector.  However, even though the sellers are holding onto pricing of a minimum of four times or more, the gross revenues excluding taxes buyers have slowed down and are being more conscious on paying the price which…

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