Southeast Commercial Development Update Q2 2007

    The first quarter of 2007 has been a busy one in the Commercial Development Department. At Lullwater at Saluda Pointe, our apartment development in the Columbia, South Carolina suburb of Lexington, we have opened the beautiful leasing office for business and the lease up process has begun in earnest. We expect our first residents to move…

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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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        Warner Robins Commercial Real Estate Forecast 2008

        “Record growth” has become the catch phrase for Houston County.  The fourth quarter of 2007 brought wide-ranging construction projects from Best Buy and Walgreens, to new surroundings for Flint EMC and Lowe Toyota, as well as new dining options such as Olive Garden and seven other new  restaurants. Mayor Donald Walker and the Warner Robins…

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          Land and Timber real estate

          Many have noticed that the price for land and timber real estate in Middle Georgia is climbing daily. The Big Four (which includes Bibb, Monroe, Houston and Jones Counties) command such a high price-per-acre that perhaps it is acceptable to land real estate investors; but they are pretty scary numbers to your average timber real estate or…

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