Warehouse/industrial Market activity slowed in the 4th quarter of 2008, however the year ended with stabilized occupancy at 73%, basically unchanged from 2007. Occupancy in 2009 is expected to decrease. The construction industry is cutting back on occupied space as the cautious business climate and lack of financing continue to exert a negative influence in…
Spring cleaning is more than just a seasonal reset—it’s a smart way to get your home market-ready. As the days get longer and the weather improves, buyers are more active and eager to explore new listings. A clean, refreshed home not only looks better but also helps buyers feel more confident in the property from…
It could not be any truer today than ever, “YOU MAKE MONEY WHEN YOU BUY”. Buying foreclosed commercial real estate can be a very rewarding opportunity for your future. There are some things to be considered and to be cautious about. When buying a foreclosed commercial property, whether it is land, bulk lots, retail or office building or…
Immediate responses are required when your tenant reports a maintenance issue or requests a repair at your rental property. Habitability issues are especially critical and require prompt attention. However, even minor repairs can save you money and keep your property better maintained. Repair needs never get easier or cheaper with time. One of the benefits…
The first quarter of 2007 has been a busy one in the Commercial Development Department. At Lullwater at Saluda Pointe, our apartment development in the Columbia, South Carolina suburb of Lexington, we have opened the beautiful leasing office for business and the lease up process has begun in earnest. We expect our first residents to move…
I’m sure a lot of people would like to know what a Subprime Mortgage is and what exactly happened last Summer that resulted in the Subprime Mortgage meltdown. I think it is important to understand what events occurred that got us in this Credit crisis and how it has spilled over into commercial real estate. It…
The Bibb County apartment market continued to be active in 2008 and the first quarter of 2009, albeit considerably slower than 2007. The capital crunch caused lenders to adopt more stringent lending standards or stop completely making loans. The loan to value dropped to 75-80% and actual NOI was used to arrive at the value…
When you’re making these important decisions, you need to know what your responsibilities will be as
the owner of a single-family home versus a multi-family property. Each type of investment comes with
unique expectations and challenges.
2006 has been a record breaking year in Houston County real estate for new construction in the commercial realm of retail, office, hotels, churches, schools and multi-family projects. Within the last sixty days the city is showing twenty-seven commercial projects under review, eighteen more being resubmitted for review, nineteen approved, thirty-one under construction, and twenty-one…
Halloween in Macon, GA, is filled with spooky fun, from family-friendly festivals to eerie haunted attractions. Whether you’re looking for a night of trick-or-treating, live entertainment, or a good scare, Macon has something for everyone. Here are some of the top Halloween events happening this year. 1. Spirits in October at Riverside Cemetery One of…
