Multi-family Real Estate Market Q1 2008

    In our last article, we stated that we thought the housing market slump would continue through year end and start to stabilize in early 2008.  Unfortunately, there has not been any news that changes our belief.  Some of the recent statistics indicate that we may still be too optimistic. The Commerce Department reported on December…

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      Commercial Real Estate Continuing Credit Crunch

      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…

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        Multi-family Real Estate Market Review 2008

        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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        A Day in the Life – Macon, GA

        There’s something special about waking up here. Whether it’s the sweet scent of magnolia in the air, the sound of cicadas buzzing through the pines, or the promise of a peach-filled treat later in the day, life here moves at its own rhythm—equal parts charm and hustle. From the soulful hum of local music to…

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