The Costs Of Going Green In Commercial Real Estate

    In the late seventies, General Motors introduced a revolutionary electric vehicle designed to address high oil prices and long gas lines.  Unfortunately, battery system problems prompted GM to abruptly scrap the program.  GM bought back vehicles from customers, cleared dealer lots and ran the fleet through the crusher. Thus ended the immediate promise of alternative…

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      Multi-family Property Management Update Q1 2008

      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…

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        Multi-family Real Estate Market Q3 2007

        In our last article, we stated that we thought the housing market would continue to slump until mid-year and then start to stabilize.  We may have been too optimistic.  We now believe the housing slump will continue through year end and start to stabilize in early 2008.  Some of the statistics that influenced our prediction…

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        4th of July Events Near You!

        Get ready to celebrate America’s birthday in style! The 4th of July is right around the corner, and communities across the country are gearing up for a day filled with patriotic fun, family-friendly activities, and unforgettable fireworks displays. Whether you’re looking for a laid-back picnic in the park, a lively parade, or a night sky…

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          Multi-family Real Estate Market Review 2008

          In 2008, the average occupancy for Central Georgia was 89.5%, a 1% improvement over the prior year’s results.  The markets experiencing the greatest increase in 2008 over 2007 were East Macon at 5%, Milledgeville at 5.5% and Warner Robins at 2%. The markets experiencing the greatest year-over-year downturn were Downtown Macon at 3% and North…

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