Fickling acquires Fieldstone Apartments

    Fickling & Co., Inc. is pleased to announce our newest multifamily acquisition, Fieldstone Apartments.  Fieldstone is located in Mebane, North Carolina, a second-tier market centrally located between Raleigh/Durham and Greensboro, North Carolina.   Fickling and its joint venture partner out of New York closed on the property on June 19, 2007. Fieldstone, our new community, consists…

    Read More

      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…

      Read More

        Industrial Property Market in Macon Q2 2007

        There were no significant changes relating to the industrial real estate inventory during the first quarter of 2007.  The vacancies in the market remain stable at about 4,000,000 square feet with a 75% occupancy rate.  Again, this vacancy was mainly attributed to large blocks of industrial space such as the 2,000,000 square foot Brown &…

        Read More

          Finding Commercial Real Estate Financing

          As you all know, the commercial real estate business has experienced tough times.  Financing to purchase a commercial investment has been very difficult or nonexistent.   Recently, we interviewed several Middle Georgia banks offering commercial financing.  The rules of the game have not really changed, they have just been enforced.  You may remember what you did…

          Read More

            Ride The Tide: Commercial Real Estate

            Only when the tide goes out do you discover who’s been swimming naked. – Warren Buffett Open any newspaper or turn on any news channel and you will hear the same thing:  The Real Estate market is doomed. Interest rates are beginning to rise while the numbers of new real estate buyers are shrinking.  Not to…

            Read More