The Bibb County apartment market continued to be active in 2008 and the first quarter of 2009, 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…
A 1031 tax deferred property exchange allows you to defer taxes on the property sale. You will have more money in hand to invest in another property. This benefit translates into investment savings. In effect, you receive an interest free loan from the government in the amount you would be paying in taxes. The Federal Government…
Roy Fickling, President and CEO of Fickling & Company, Inc., announced today the hiring of retired Air Force Maj. Gen. Robert McMahon as President of Fickling Management Services, and Senior Vice President of Fickling & Company, Inc. He will succeed veteran commercial and investment real estate professional, Richard DeLisle. “We are saddened to see Rick…
Fickling & Company’s Multifamily Division had an outstanding 2007. Total Revenue increased by an average of 9% over 2006 operating results. Overall occupancy increased by an average of 5%. Our success was largely due to hiring and training highly professional and knowledgeable employees, effectively raising rents as availability dictated, closely monitoring expenses, maintaining a strong…
Our Multifamily Portfolio has continued to grow and prosper in the First Quarter of 2007. Our Property Management team has been very busy creating strategic plans of action for three new apartment communities. Our newly added properties include an A+ development in South Carolina, a 22 year-old asset in Middle Georgia, and 212 units in North…
As the crisp air of fall rolls in, it’s the perfect time to prepare your home for the season and create a cozy, inviting atmosphere. Here are some simple yet effective ways to transition your space to welcome in the Fall. 1. Warm Up with Textiles Fall is all about layering, which also applies to…
Fickling & Company’s Epps Named to Leading Real Estate Companies of the World® Marketing and Technology Advisory Council Macon, GA – 28th February 2018 – Josh Epps, Chief Information Officer & Vice President of Fickling & Company in Macon, Georgia, has been elected to the Leading Real Estate Companies of the World® Marketing and Technology…
As financial institutions are still trying to weather the storm from Subprime Mortgage Crisis, real estate investors should anticipate great challenges in 2008. The instability in the financial markets has had a domino effect in the investment market for commercial real estate assets. It first began with an impact on the lenders which moved right through…
Cracking the Real Estate Code: Your Quick Guide to Key Terms Jumping into the world of real estate can feel a bit like learning a new language. Whether you’re shopping for your dream house or just curious about the buzzwords you keep hearing, we’ve got your back. Let’s break down some of the most common…
Macon, Georgia, is a hidden gem when it comes to music history. It’s the kind of place where musical legends were born and raised, and where the history of their impact in music lives on. Everywhere you look there is a story or a place that made significant impacts in music. We’re going to look…
