Macon Multi-family Market Update Q1 2009

    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…

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      Hospitality Real Estate Market Status

      As we are moving into the 3rd quarter of the year, the hospitality industry is still strong in the commercial sector.  However, even though the sellers are holding onto pricing of a minimum of four times or more, the gross revenues excluding taxes buyers have slowed down and are being more conscious on paying the price which…

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        Current Commercial Real Estate Credit Crunch

        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…

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          Refinancing & Home Equity Loans

          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%…

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            On The Retail Track

            At the risk of sounding cliché . . . . . . . with this ever changing real estate market and the impact of the subprime market fiasco, now more than ever the importance of LOCATION, LOCATION, LOCATION is quite evident!! National trends, specifically in the Southeast, are showing us retail property prices are beginning to…

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              Commercial Real Estate Investing and Aquisitions

              It appears the Federal Reserve is finally done with its interest rate hikes in the wake of mixed economic signals on inflation and housing.  Besides rising energy prices, inflation has been tamed for the time being.  Employment statistics still look good, but wage increases for most workers have been almost non-existent.  The Ten Year U.S….

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                Pollock joins Fickling & Company

                We’re happy to announce Kari Pollock joining the Fickling & Company team.  In her own words: “I am committed to my clients and work hard to achieve results for them. Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional that understands the industry and is positioned to…

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