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…
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…
Fickling & Company Donates to Hurrican Victims Throughout the month of September Fickling & Company gathered supplies for families affected by both Hurricane Harvey and Hurricane Irma to be given to The Salvation Army of Central Georgia on September 29th. The donations are scheduled to be dispersed to the areas and families struggling to rebuild in the aftermath of the devastating effect from both…
Fickling and Company associates recently attended the International Council of Shopping Center’s annual Leasing Mall and Trade Expo held May 17 through 20 in Las Vegas, Nevada. The company’s retail Sales, Leasing and Development divisions were represented at the annual event which provides retailers and property owners a great venue to update each other on…
Own’er-ship n. – Of or belonging to oneself or itself. The one or ones belonging to oneself. To have or possess. To confess : acknowledge. own up. In my early adult life, a very wise dear friend once shared with me that no matter what road I chose to take in life to always take…
Buying a piece of land and building on it is an exciting journey, but it comes with its own set of challenges. Whether you’re dreaming of a custom home or starting a new project, here are some simple tips to help you along the way. 1. Do Your Homework Before you buy, take time to…
Roy Fickling, President and CEO of Fickling & Company, Inc., announced today the hiring of retired Air Force Maj. Gen. Robert McMahon as President of Fickling Management Services, and Senior Vice President of Fickling & Company, Inc. He will succeed veteran commercial and investment real estate professional, Richard DeLisle. “We are saddened to see Rick…
Placing a good tenant in your Macon rental property is important to the success of your investment. You want to avoid the stress and expense that comes with bad tenants by placing tenants who will pay rent on time, take care of your home, and follow the terms of your lease agreement. When you’re looking…
A 1031 Tax Exchange allows you to defer taxes on the sale of a property. It will allow you to have more money to invest in another real estate transaction. You are actually using the money from the sale toward a purchase instead of paying it to the government in taxes. This relates to a…
As the summer sun blazes and temperatures soar, finding ways to stay cool becomes a top priority. While escaping to air-conditioned indoors might seem like the best option, plenty of outdoor activities can help you beat the heat while still enjoying the beautiful weather. From water-based adventures to shaded retreats and evening excursions, here are…
