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)…
The Macon, Georgia downtown and suburban office real estate markets remained stable in 2007. According to Fickling & Company’s recent survey, including a comparison of almost 1,000,000 square feet of office space in Bibb County, the 2007 suburban office market remained virtually unchanged. The suburban market maintained approximately 80% occupancy which is a slight decrease…
For the second quarter of 2009 Warner Robins and Houston County still appear to be ahead of the economic pack. With many folks predicting gloom and doom for our US economy, Houston County is still a bright spot on the economic landscape. As a matter of fact, it was recently announced that the Warner Robins…
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…
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?”,…
Considering a career in Real Estate? Well, that’s AWESOME! Real Estate is one of the very few career fields which can offer you the freedom of a flexible schedule while rewarding hard work and dedication with an unlimited earning potential. If you are interested in taking control of your future then there are only 3-steps,…
Retailers are always looking at the demographics of one area compared to another, to help them determine where they want to locate the next store. Forbes Magazine recently ran an article on where they thought the 200 best places in the country were located and why. This article was published just after tax-day and at the…
The experience of buying bank owned assets may vary for many investors. For some, it can be a very rewarding process yet for others, somewhat frustrating. The trick is understanding and establishing a process that works for you. Below are a few tips that may be helpful to you while navigating the ever shifting landscape of…
Rental property accounting doesn’t have to be complicated, but it does have to be precise. When you’re earning income from your rental properties and spending money on things like maintenance, marketing, and tenant screening, you need to have an accounting of all that. Most rental property owners don’t get into the real estate business because…
