Hospitality Real Estate Market Q2 2008

    From 2004 to 2006 the U.S. Lodging industry experienced the strongest revpar growth in 22 years.  One chain scale that has continued to sustain record-breaking success is the category labeled “midscale without food and beverage.”  These properties represent 8,096 hotels with 705,305 guestrooms or 16.6 percent of the total U.S. room supply. Through May 2007,…

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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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          Industrial Real Estate Market Update Q3 2007

          The second quarter of 2007 ended with total available inventory stable as predicted.  However, the choices for products under 10,000 sf have increased. This is attributed to the addition of new development in the area as well as existing space being vacated.  The preferred space seems to be Class A with 1000 sf of office…

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