Deciding which is right for you will depend on your investment goals, the amount of risk you’re willing to tolerate, and the amount of responsibility and interaction you want to have with your management team and your tenants.
Fickling & Company’s Multi-Family Division is pleased to announce that we have recently added two new third-party managed accounts to our apartment portfolio. When stepping in to a new management role, Fickling & Co., Inc. recognizes that accomplishing our mission requires the enthusiastic commitment of our most valuable resource – our employees. Tips for…
WOW! Have you been downtown lately? Great progress has been achieved in the revitalization of downtown Macon GA. In our initial coverage of the downtown area we will discuss the following: What is considered downtown? What are some of the recent important events that have happened? What are some of the planned important events? Why…
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…
If you’re selling your home and want to get more buyers in the door, there are a few quick, easy and inexpensive things that you can do to make your home stand out from the competition. First, your curb appeal will decide if many buyers will want to see more. Look at your house from…
As I wrote in my previous article, 2006 was the year of the private investor. Will 2007 be another year for the private investor? Equity funds and institutions have recently surpassed investments from private investors. This trend is unlikely to slow anytime soon since pension funds still report a great deal of pent-up investment demand. But…
Being Fickling & Company’s newest addition, I am proud to join in on enhancing the company’s success. It is a great pleasure to be with a company that has been around for such a long time and is highly reputable with continuous growth. I bring to the company over 18 years of hospitality industry experience in…
As financial institutions are still trying to weather the storm from Subprime Mortgage Crisis, real estate investors should anticipate great challenges in 2008. The instability in the financial markets has had a domino effect in the investment market for commercial real estate assets. It first began with an impact on the lenders which moved right through…
Fickling & Company’s Multi-Family Division has had an extraordinary year. Our apartment portfolio has doubled in size, and revenues are up by 55% over last year’s operating results. The Fourth Quarter has been particularly successful for the Fickling properties. We have consistently outperformed the market, with occupancies averaging 95% or greater. Market rents have also…
The Macon, Georgia downtown and suburban office real estate markets remained stable in 2007. According to Fickling & Company’s recent survey, including a comparison of almost 1,000,000 square feet of office space in Bibb County, the 2007 suburban office market remained virtually unchanged. The suburban market maintained approximately 80% occupancy which is a slight decrease…
