Much has been accomplished since our last report. Lullwater at Saluda Pointe, our luxury apartment development in Lexington, South Carolina (a suburb of Columbia), has opened and has been leasing up at a very rapid pace. We have received certificates of occupancy on approximately 50% of the units and expect to be complete by the…
Fickling and Company associates recently attended the International Council of Shopping Center’s annual Leasing Mall and Trade Expo held May 17 through 20 in Las Vegas, Nevada. The company’s retail Sales, Leasing and Development divisions were represented at the annual event which provides retailers and property owners a great venue to update each other on…
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…
The Macon, Georgia downtown and suburban office real estate markets remained stable in 2007. According to Fickling & Company’s recent survey, including a comparison of almost 1,000,000 square feet of office space in Bibb County, the 2007 suburban office market remained virtually unchanged. The suburban market maintained approximately 80% occupancy which is a slight decrease…
While the weather outdoors may not be frightful knowing how to spruce up your home’s curb appeal still remains important during the rainy and sometimes cold Southern winter. Below are suggestions from HGTV which will help you capture the interest of buyers this winter. If you’re trying to sell your home during the holiday months,…
Alongside the budding flowers and warmer temperatures, springtime signals the perfect opportunity for a thorough cleaning spree. But spring cleaning isn’t just about tidying up the interiors of our homes; it’s also an ideal time to enhance our curb appeal, transforming the exterior to welcome the new season with open arms. The concept of curb…
Experts had predicted that Millennials would be the renting generation; however, 2015-2016 numbers are proving quite the opposite. According to U.S. News — millennials, who are currently between ages 25 and 34, make up the largest share of homebuyers at 32 percent. As Millennials look for opportunities to build personal wealth they are turning steadily…
Being Fickling & Company’s newest addition, I am proud to join in on enhancing the company’s success. It is a great pleasure to be with a company that has been around for such a long time and is highly reputable with continuous growth. I bring to the company over 18 years of hospitality industry experience in…
The Bibb County apartment market continued to be active in 2008, albeit considerably slower than 2007. The capital crunch caused lenders to adopt more stringent lending standards or stop completely making loans. The loan to value dropped to 75-80% and actual NOI was used to arrive at the value. The demand for apartment complexes, especially…
RICHMOND HILL, GA – 11/14/2016 (Fickling & Company Blog) — Fickling & Company announced plans to start construction of a new luxury apartment community in the highly desirable town of Richmond Hill, Georgia. Lullwater at Richmond Hill will offer future residents one-, two-, and three-bedroom apartments in a number of different floor plans featuring high-end…
