Fickling & Company Realtors

The Bibb County apartment market continued to be active in 2008, 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.  The demand for apartment complexes, especially…

Over the years, working as a property manager, I have found myself wearing hats of many colors and sizes. Property Management duties didn’t start when the lease was signed nor did it end when the tenant moved-out.  The property manager is responsible for every aspect of the asset. One might say a property manager is the…

Change is coming, but the Hospitality Lodging Industry’s immediate future still looks bright. Lodging Outlook for 2008 Stressing that they foresee no recession in the immediate future, analysts at PFK Hospitality Research have taken a swing at what such a trough would look like, should the views of the industry pessimists prove correct. At first…

Whew!!  2007 – “That Was The Year That Was”.  That statement, the modified title of a 1970’s TV series, poignantly describes our past year in the world of Commercial Real Estate.  We saw a lot: frenzied buying, unbelievably low cap rates, non-recourse money, a lot of mezz debt and equity, 100% financing and THEN almost…

Nicki L. Pope experience in Commercial Real Estate extends over ten years in the Atlanta and Southeast Region markets.  She specializes in commercial management, focusing on operations, leasing, tenant relations and tenant retention programs, construction management and problem solving.  Ms. Pope interacts with clients, tenants, brokers, and constructor during complicated situations.  Her personal standards, as well…

Fickling & Co., Inc. is pleased to announce our newest multifamily acquisition, Fieldstone Apartments.  Fieldstone is located in Mebane, North Carolina, a second-tier market centrally located between Raleigh/Durham and Greensboro, North Carolina.   Fickling and its joint venture partner out of New York closed on the property on June 19, 2007. Fieldstone, our new community, consists…

The second quarter of 2007 ended with total available inventory stable as predicted.  However, the choices for products under 10,000 sf have increased. This is attributed to the addition of new development in the area as well as existing space being vacated.  The preferred space seems to be Class A with 1000 sf of office…

Construction of new retail development continues to grow in the Macon and Warner Robins area. Thanks to strong demographics, new stores are focusing on north Macon and southwest Warner Robins. Both Macon and Warner Robins continue to expand their retail markets to new locations outside existing retail corridors. Warner Robins is seeing growth on South…