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…
Although it may still be cold outside, warmer days are coming fast! As spring approaches, we like to prepare for the warmth with a little sprucing up around the house. However, spring cleaning isn’t just about tidying up; it’s an opportunity to refresh your living space and breathe new life into every corner. Here are…
In the twenty-seven some odd years I have been in the commercial real estate business, I have been asked quite frequently how we, in our profession, value property. Things like “How do you value a piece of commercial property?”, “What do you think my property is worth?”, “How do I go about purchasing commercial property?”,…
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…
Buying your first home is not a small undertaking. While the purchase can move quickly from point A to point Z the process can be a rollercoaster of emotions for first-time home buyers. Questions relentlessly surface like, “Am I making a good decision?” or “Can I really afford to buy a home?” While there are…
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…
Morgan Ranch Subdivision Bonaire, GA offers large wooded lots, and a great location convenient to Robins AFB. Hughston Homes is currently building new homes in Morgan Ranch! Hughston Homes includes lots of upgrades including Spray Foam Insulation, Granite Counter Tops with Tile Backsplash, Covered Patio, and much more! Call Ann Edwards at (478) 973-6333 for…
Top 5 Reasons You Shouldn’t List Your Home As A FSBO (For Sale By Owner) As home prices continue to rise, a lack of inventory remains a crucial challenge in today’s market which has some homeowners trying to sell their homes on their own. 1) Exposure to Prospective Buyers A whopping 95% of buyers utilize online…
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…
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…
