How Is Commercial Real Estate Valued?

    In the twenty-seven some odd years I have been in the commercial real estate business, I have been asked quite frequently how we, in our profession, value property.  Things like “How do you value a piece of commercial property?”, “What do you think my property is worth?”, “How do I go about purchasing commercial property?”,…

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      Industrial Property Market in Macon Q3 2006

      The second quarter of 2006 ended with total available Industrial Property inventory up significantly, as predicted.  The official closing of the Brown & Williamson Tobacco plant added over 2 million square feet to the market, to bring the total vacant to over 4 million square feet. However, the high available inventory is primarily attributed to large…

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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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        Help Your Homes Resale Value

        Selling your home doesn’t have to mean tearing out cabinets or spending a fortune on renovations. In most cases, a few smart updates can make a big difference in how quickly your home sells — and how strong the offers are. If you’re getting ready to list, here are five practical improvements that can help…

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          Multi-Family Real Estate Market Q2 2007

          The National Multi-family Market was stronger in 2006 than it has been in the past few years. Owners were able to increase rates while decreasing the amount of concessions given to new tenants. Occupancy rates in many markets, increased as the supply of apartments were constrained due to the conversion of apartments into condominiums. Also,…

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