Tenant turnover periods can be stressful for both landlords and tenants, but they don’t have to be. When you put together an organized, automated, and well-documented process, you can expect to start and end the tenancy on a positive note. Remember that tenant communication is critical, especially when they’re moving into the property and preparing…
“Record growth” has become the catch phrase for Houston County. The fourth quarter of 2007 brought wide-ranging construction projects from Best Buy and Walgreens, to new surroundings for Flint EMC and Lowe Toyota, as well as new dining options such as Olive Garden and seven other new restaurants. Mayor Donald Walker and the Warner Robins…
Bank Owned . . . sound familiar? In today’s world of commercial real estate, most of us are now all too familiar with such terms as “REO” (Real Estate Owned) or “OREO” (Other Real Estate Owned) or “CREO” (Commercial Real Estate Owned). It is far more normal in the current market to see bank owned…
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,…
Much has happened in the world since our last newsletter. We have “officially” entered into an economic recession that has negatively impacted virtually every industry. No one really knows for sure but most knowledgeable folks seem to believe that we can hope to emerge from this downturn late this year or early 2010. Real Estate,…
Green building (also known as sustainable building or environmental building) is the practice of increasing efficiency of buildings and their use of energy, water and materials, and reducing the building impacts on the environment and human health*. Research is increasingly demonstrating that when buildings are designed and operated with their lifecycle impacts in mind, they can…
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…
Decorating a home for the holidays takes on a new meaning once a person learns that family members are planning to visit. No one enjoys finding themselves scrambling, at the last minute, to come up with decoration ideas. As a guest’s arrival date gets closer decorating the entire house becomes less of an option. What do you do…
Change is never easy, particularly if stuck in the same old routine. This year, Fickling & Company’s management department has undergone change. In efforts of becoming a more successful management department, it is essential to build an excellent and reliable reputation with our clients and customers. Keeping pace with deadlines is no easy task, and…
Own’er-ship n. – Of or belonging to oneself or itself. The one or ones belonging to oneself. To have or possess. To confess : acknowledge. own up. In my early adult life, a very wise dear friend once shared with me that no matter what road I chose to take in life to always take…
