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…
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…
If you’re selling your home and want to get more buyers in the door, there are a few quick, easy and inexpensive things that you can do to make your home stand out from the competition. First, your curb appeal will decide if many buyers will want to see more. Look at your house from…
The National Multi-family Market was stronger in 2006 than it has been in the past few years. Owners were able to increase rates while decreasing the amount of concessions given to new tenants. Occupancy rates in many markets, increased as the supply of apartments were constrained due to the conversion of apartments into condominiums. Also,…
In my articles in the past newsletters I have discussed topics such as office vacancies and occupancy, valuing properties and key commercial terms to name a few. Most of the time I come up with the different subjects from questions from my clients. So suffice to say that is the same with this article. When…
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…
Macon is a beautiful city with endless opportunities of things to do. Whether you are an active outdoors man, a stay-at-home type, or a night life seeker you will be sure to find something in or around town that best suits your interests! If you are looking to move to Macon and are not sure…
Roy Fickling, President and CEO of Fickling & Company, Inc., announced today the hiring of retired Air Force Maj. Gen. Robert McMahon as President of Fickling Management Services, and Senior Vice President of Fickling & Company, Inc. He will succeed veteran commercial and investment real estate professional, Richard DeLisle. “We are saddened to see Rick…
Our marketing plans are effective at finding well-qualified tenants quickly for the properties we rent. Here are some of our best tips to marketing your Macon rental property.
2008 in Warner Robins and Houston County was an interesting year. Warner Robins was singled out and named “The Best Place to Raise a Family in Georgia” by Business Week Magazine. Shortly thereafter the announcement came that Warner Robins was chosen as the Southeastern Headquarters for the National Little League Association. Houston County Board of…
