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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      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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        Commercial Real Estate Forecast 2008

        Whew!!  2007 – “That Was The Year That Was”.  That statement, the modified title of a 1970’s TV series, poignantly describes our past year in the world of Commercial Real Estate.  We saw a lot: frenzied buying, unbelievably low cap rates, non-recourse money, a lot of mezz debt and equity, 100% financing and THEN almost…

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          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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          Richmond Hill Site Plan Render

          Press Release: New Luxury Apartment Community to Begin Development in Richmond Hill, GA

          RICHMOND HILL, GA – 11/14/2016 (Fickling & Company Blog) — Fickling & Company announced plans to start construction of a new luxury apartment community in the highly desirable town of Richmond Hill, Georgia.  Lullwater at Richmond Hill will offer future residents one-, two-, and three-bedroom apartments in a number of different floor plans featuring high-end…

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          Why Owners Choose to Work with Fickling & Company

          Why Owners Choose to Work with Fickling & Company

          Fickling & Company is a full-service property management company in Macon and the surrounding areas. We’re committed to providing excellent real estate services to our community, and we’re especially interested in helping our clients do more with their investments. With our help, both owners and tenants can have a pleasant and successful rental experience. When…

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            Hospitality Real Estate Market Status

            As we are moving into the 3rd quarter of the year, the hospitality industry is still strong in the commercial sector.  However, even though the sellers are holding onto pricing of a minimum of four times or more, the gross revenues excluding taxes buyers have slowed down and are being more conscious on paying the price which…

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