Fickling & Company’s Multi-Family Division has had an extraordinary year. Our apartment portfolio has doubled in size, and revenues are up by 55% over last year’s operating results. The Fourth Quarter has been particularly successful for the Fickling properties. We have consistently outperformed the market, with occupancies averaging 95% or greater. Market rents have also…
I’m sure a lot of people would like to know what a Subprime Mortgage is and what exactly happened last Summer that resulted in the Subprime Mortgage meltdown. I think it is important to understand what events occurred that got us in this Credit crisis and how it has spilled over into commercial real estate. It…
Fickling & Company’s Multifamily Division had an outstanding 2007. Total Revenue increased by an average of 9% over 2006 operating results. Overall occupancy increased by an average of 5%. Our success was largely due to hiring and training highly professional and knowledgeable employees, effectively raising rents as availability dictated, closely monitoring expenses, maintaining a strong…
Is it a good time to purchase multi-family property? Some of the current market conditions indicate that 2008 could be a year of opportunity for investors in multi-family properties. Let’s review some of the favorable conditions for the apartment market. A review of three factors, demands for apartments, supply of apartments and the financial…
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…
Retailers are always looking at the demographics of one area compared to another, to help them determine where they want to locate the next store. Forbes Magazine recently ran an article on where they thought the 200 best places in the country were located and why. This article was published just after tax-day and at the…
There are lots of ways to maximize what you earn on a multi-family unit or an entire portfolio of multi-family properties.
Buying a piece of land and building on it is an exciting journey, but it comes with its own set of challenges. Whether you’re dreaming of a custom home or starting a new project, here are some simple tips to help you along the way. 1. Do Your Homework Before you buy, take time to…
Commercial Real Estate Trends for 2018 Online Purchases: Over the last decade, American consumers have continued the shift toward online purchases. According to Census.gov, E-commerce sales, in the first quarter of 2018, accounted for 9.3 percent of total sales The new craze of online shopping leaves the commercial real estate market with new opportunities for…
The retail sector continues to prosper. Take a look at these selected news headlines from last quarter: • $10M Hotel On Way On Mercer Property • Northrop Awarded $43.3m Robins Contract • Security Bank’s Acquisition Of Rivoli Bankcorp Completed • Chain Store Sales Up 4.1% In May • Kia Plant’s Groundbreaking In West Point/La Grange,…
