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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      Macon Multi-family Market Update Q1 2009

      The Bibb County apartment market continued to be active in 2008, 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.  The demand for apartment complexes, especially…

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