The National Multi-family Market was stronger in 2006 than it has been in the past few years. Owners were able to increase rates while decreasing the amount of concessions given to new tenants. Occupancy rates in many markets, increased as the supply of apartments were constrained due to the conversion of apartments into condominiums. Also,…
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…
Georgia’s pecan history dates back to the 18th century, evolving into a thriving industry by the 20th century. Pioneers like Dr. L.J. Pollard played a crucial role in establishing the state as a prominent pecan producer. Landmarks such as Lane Orchards in Warner Robins continue this legacy today, highlighting Georgia’s enduring impact on pecan cultivation….
3 Things You’ll Need to Get a Home Loan Getting a new home loan can seem like an intimidating process. Yes, the process does require a lot of paperwork, but it makes sense considering this is one of the largest financial investments most families make. There are many misconceptions out there when it comes to…
Despite the softening economy and turmoil in the capital markets, investors continue to have confidence in the U.S. commercial real estate industry. In a survey showing that one in five investors expect the economy to be stronger in 2008, the majority still want to invest more funds into commercial real estate. Concerns about financing will…
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.
Make no mistake . . . . . Peach County real estate is sharing in the growth of it’s surrounding neighbors, Bibb and Houston Counties. With the recent trend in residential, industrial and commercial real estate growth in the southern sector of Bibb County and the northern sector of Houston County, it’s no wonder that Peach County,…
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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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…
