Multi-family Real Estate Market Q4 2007

    In our last article, we stated that we thought the housing market slump would continue through year end and start to stabilize in early 2008.  Unfortunately, there has not been any news that changes our belief.  Some of the recent statistics indicate that we may still be too optimistic. The Commerce Department reported on August 16…

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    A Holiday Bucket List for Middle Georgia

    As the holiday season approaches, there’s a special kind of magic that descends upon Macon, Georgia. From twinkling lights to festive gatherings, the heart of Middle Georgia comes alive with holiday cheer. If you find yourself in Macon this holiday season, here’s a festive bucket list to make your days merry and bright. 1. Festival…

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      The Principles Of Commercial Property Ownership

      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…

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        Commercial Real Estate Lease or Purchase?

        As the real estate market in this region continues to grow and boom, businesses — both major corporations and small start up companies — may begin to question whether they should lease or purchase property for their business to locate.  The question is a valid one and the answer is simple – both! At some…

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          Fine Tuning Commercial Property Management

          The restructuring of the property management department has proven to be successful.  New policies and procedures have been introduced and owners have noticed our proactive approach rather than reactive approach. The tenants are finding that the response time to maintenance calls has been cut in half.  The daily operations of the management department run more…

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            Fickling acquires Fieldstone Apartments

            Fickling & Co., Inc. is pleased to announce our newest multifamily acquisition, Fieldstone Apartments.  Fieldstone is located in Mebane, North Carolina, a second-tier market centrally located between Raleigh/Durham and Greensboro, North Carolina.   Fickling and its joint venture partner out of New York closed on the property on June 19, 2007. Fieldstone, our new community, consists…

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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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