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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      Southeast Commercial Development: 2006 Review

      The beginning of a new year is always a good opportunity to review and analyze the previous year’s activities and plan for the coming year. 2006 was an exciting and successful year for the development group. On the multi-family side, Lullwater at Saluda Pointe, our 280 unit luxury development in Lexington S.C. (a suburb of Columbia)…

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        Retail Real Estate Market Comparison 2007

        Retailers are always looking at the demographics of one area compared to another, to help them determine where they want to locate the next store.  Forbes Magazine recently ran an article on where they thought the 200 best places in the country were located and why.  This article was published just after tax-day and at the…

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          Things to Consider Before Listing Your Commercial Property

          When you get ready to sell your property, there are a number of things to consider before listing.  Who will market the property, how much to sell for, how and where to market the property, just to consider a few.  Selling a property is a time consuming and tedious project therefore, consider the following questions before…

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            Multi-family Property Management Update Q1 2008

            Fickling & Company’s Multifamily Division had an outstanding 2007.  Total Revenue increased by an average of 9% over 2006 operating results.  Overall occupancy increased by an average of 5%.  Our success was largely due to hiring and training highly professional and knowledgeable employees, effectively raising rents as availability dictated, closely monitoring expenses, maintaining a strong…

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              Real Estate Investment Market Q3 2007

              Improving fundamentals across all property types is drawing a greater amount of investors to value-added assets. While there are still investors focusing on acquiring stable, well-leased assets, others have shifted their attention to buying value-added properties that offer income and value appreciation and higher returns through retenanting, repositioning, and/or the releasing of available space.  It…

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