If there is one thing I’ve learned in the multi-family industry, it is vital to have a quality resident retention plan in place in order to maintain a high occupancy. If your customers are pleased with you after they move in and stay that way through their lease term, they are more likely to remain…
All property owners, investors, small and large business owners, and people of Georgia should take an interest in a debate taking place in our State. The time has come to eliminate all property taxes in Georgia, and I firmly believe the people of the state of Georgia should be given an opportunity to vote on…
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…
Surprisingly enough, it’s already almost that time of year again. As summer winds down and the back-to-school season approaches, it’s time to get your home in order for the new school year. Creating an organized, functional, and welcoming environment can make the transition smoother for everyone in the family. Here are some tips to help…
It’s that time of the year when the real estate community is busy wrapping up loose ends, dotting the I’s and crossing the T’s in an effort to get those last deals finalized and closed before year end. As we move to the close of 2006 it behooves us to reflect on the factors that…
Fickling & Company’s Multi-Family Division has had an extraordinary year. Our apartment portfolio has doubled in size, and revenues are up by 55% over last year’s operating results. The Fourth Quarter has been particularly successful for the Fickling properties. We have consistently outperformed the market, with occupancies averaging 95% or greater. Market rents have also…
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,…
Retail was on the mind of over 40,000 people, the number of those who attended the International Council of Shopping Center’s 50th Annual Spring Convention in Las Vegas, Nevada from May 20ththrough the 23rd. Twelve commercial real estate agents from Fickling and Company took advantage of the opportunity and met with many national retailers and existing…
Every January, we all get caught up in the hype of New Year’s resolutions. We’re going to lose weight, save money, or finally get around to organizing that messy garage. But what about resolutions tied to real estate? Whether you’re dreaming of buying your first home, selling your current one, or diving into investment properties,…
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…
