How Is Commercial Real Estate Valued?

    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?”,…

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      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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        Industrial Property Market in Macon Q2 2007

        There were no significant changes relating to the industrial real estate inventory during the first quarter of 2007.  The vacancies in the market remain stable at about 4,000,000 square feet with a 75% occupancy rate.  Again, this vacancy was mainly attributed to large blocks of industrial space such as the 2,000,000 square foot Brown &…

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          Multi-Family Leasing Trends

          A recent study showed that consumers spend over 1.2 Million hours each month looking online for apartments. Just as in any other industry, the technology is the way of the future in Apartment Leasing.  More and more consumers that are coming through our doors already know exactly what the community has to offer.  It is…

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            Hospitality Real Estate Forecast 2009

            After attending the Hunter Hotel Investment Conference this March 2009 and hearing the famous economist from Georgia State University Rajeev Dhawan the industry outlook is not pretty.   With lenders, franchisors, and industry experts having no answer to when the economy will turn and be positive. The Pain Is Now The PKF-HR March 2009 national forecast…

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