Hospitality Real Estate Market Q2 2008

    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,…

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    How to Handle Maintenance Requests – Macon Property Management Advice

    Immediate responses are required when your tenant reports a maintenance issue or requests a repair at your rental property. Habitability issues are especially critical and require prompt attention. However, even minor repairs can save you money and keep your property better maintained. Repair needs never get easier or cheaper with time. One of the benefits…

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      Industrial Real Estate Market Q1 2008

      During 2007, the warehouse/industrial market was very active as well as the other commercial categories. The 2008 commercial real estate market, as other service categories, will be difficult to predict.  There are just two many unstable variables that could swing it in either direction. In 2007, the Bibb County industrial market remained basically unchanged from…

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        Peach County Georgia Growth

        When I think of Peach County Georgia, I think of lazy hot summers, cold lemonade, front porch swings, and of course, peach cobbler.  But Peach County, with all of its Southern Charm, is also a thriving community.  From Fort Valley to Byron, Peach County is changing and growing. Peach County’s Chamber of Commerce and the…

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          New Commercial Retail Real Estate Developments

          Shoppers, get ready for new stores and restaurants as the first large north Macon/Bibb County retail project, also the area’s first major lifestyle shopping center, prepares to open in a few short weeks.  Located on Riverside Drive, just east of its intersection with I-75, The Shoppes at River Crossing plans to open this Spring with…

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            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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