On The Retail Track

    At the risk of sounding cliché . . . . . . . with this ever changing real estate market and the impact of the subprime market fiasco, now more than ever the importance of LOCATION, LOCATION, LOCATION is quite evident!! National trends, specifically in the Southeast, are showing us retail property prices are beginning to…

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      Current Commercial Real Estate Credit Crunch

      Why has the sub-prime mortgage debacle resulted in a credit crunch on commercial mortgage backed securities lenders (CMBS) as well?  Well, most insiders don’t believe it is a direct result of the sub-prime hangover.  They believe it has been in the works since the beginning of the second quarter when Moody’s issued a warning that…

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        Multi-Family Leasing Trends

        A recent study showed that consumers spend over 1.2 Million hours each month looking online for apartments. Just as in any other industry, the technology is the way of the future in Apartment Leasing.  More and more consumers that are coming through our doors already know exactly what the community has to offer.  It is…

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          Macon Commercial Development Q2 2009

          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,…

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            What Is A Short Sale?

            A Short Sale occurs when a bank allows an owner to sell property at a price that is less than the owner owes the bank.  In other words, the sales price is “short” of what is owed. This creates what is called a deficiency balance.  That is, even though the property has been sold to…

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