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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      Understanding the Subprime Mortgage Meltdown

      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…

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        Baldwin, Greene, Morgan & Putnam Real Estate Market

        Baldwin County, Milledgeville GCSU opened 150,000 sq ft Library and Information Center GCSU opened another 300+ beds in a new residence hall to keep up with enrollment Barberitos and Velvet Elvis Restaurants opened downtown Pizza Hut, Wing Street, Long Johns Silver’s and A&W Rootbeer will open in December International House of Pancackes opened at the Super…

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          Multi-family Real Estate Market Q4 2007

          In our last article, we stated that we thought the housing market slump would continue through year end and start to stabilize in early 2008.  Unfortunately, there has not been any news that changes our belief.  Some of the recent statistics indicate that we may still be too optimistic. The Commerce Department reported on August 16…

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            Buying a Commercial Real Estate Foreclosure

            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…

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              Ride The Tide: Commercial Real Estate

              Only when the tide goes out do you discover who’s been swimming naked. – Warren Buffett Open any newspaper or turn on any news channel and you will hear the same thing:  The Real Estate market is doomed. Interest rates are beginning to rise while the numbers of new real estate buyers are shrinking.  Not to…

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              Day trips and Local Get Aways

              Macon, Georgia, a city rich in history and southern charm, is perfectly situated for quick day trips and local getaways. Whether you’re a nature enthusiast, a history buff, or just looking for a relaxing escape, there are plenty of options within a short drive from Macon. Ocmulgee Mounds National Historical Park This beautiful park is…

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