Shoppers, get ready for new stores and restaurants as the first large north Macon/Bibb County retail project, also the area’s first major lifestyle shopping center, prepares to open in a few short weeks. Located on Riverside Drive, just east of its intersection with I-75, The Shoppes at River Crossing plans to open this Spring with…
Have you ever wanted to invest in rental property? If you are reading this the answer is probably yes. Owning rental real estate is a great way to build wealth; however, unless a person has current knowledge of the rental industry there could be several setbacks. As an industry leader since 1939, Fickling & Company has…
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…
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?”,…
It’s tempting to want to manage your own investment property. New investors often have an emotional attachment to their homes, and if you’re renting out a property you once lived in, you have an interest in making sure it’s occupied by a perfect tenant and well-maintained. Managing your own rental home can be challenging, however….
Why Are So Many Homeowners Under Water? Guy Gunn The term “under water” has come to mean that owners owe more on their home than it is worth in the marketplace. So how does this occur? During the financial troubles of the late 70’s and early 80’s, we saw interest rates peak in the 16%…
Get ready to celebrate America’s birthday in style! The 4th of July is right around the corner, and communities across the country are gearing up for a day filled with patriotic fun, family-friendly activities, and unforgettable fireworks displays. Whether you’re looking for a laid-back picnic in the park, a lively parade, or a night sky…
Fall is finally here, and you know what that means—it’s pumpkin patch season! Whether you’re hunting for the perfect carving pumpkin, planning a cute photo day, or just craving that crisp autumn air, there are plenty of great spots around Macon to make the most of it. Grab your flannel, a cup of cider, and…
The second quarter of 2006 ended with total available Industrial Property inventory up significantly, as predicted. The official closing of the Brown & Williamson Tobacco plant added over 2 million square feet to the market, to bring the total vacant to over 4 million square feet. However, the high available inventory is primarily attributed to large…
Why has the sub-prime mortgage debacle resulted in a credit crunch on commercial mortgage backed securities lenders (CMBS) as well? Well, most insiders don’t believe it is a direct result of the sub-prime hangover. They believe it has been in the works since the beginning of the second quarter when Moody’s issued a warning that…
