Much has been accomplished since our last report. Lullwater at Saluda Pointe, our luxury apartment development in Lexington, South Carolina (a suburb of Columbia), has opened and has been leasing up at a very rapid pace. We have received certificates of occupancy on approximately 50% of the units and expect to be complete by the…
Fickling & Co., Inc. is pleased to announce our newest multifamily acquisition, Fieldstone Apartments. Fieldstone is located in Mebane, North Carolina, a second-tier market centrally located between Raleigh/Durham and Greensboro, North Carolina. Fickling and its joint venture partner out of New York closed on the property on June 19, 2007. Fieldstone, our new community, consists…
Retailers and Industry continue to move into our area. Investors are looking intently at our region. There are numerous projects in the works. Why are we enjoying this prosperity? For one, the real estate dollar goes a long way in our area compared to other areas around our region. For another, Atlanta sprawl moves closer…
As usual, Warner Robins continues to grow with new projects announced in the second quarter of 2007. A 232-unit apartment project is under construction on Leverette Road west of Hatcher Road. The Oasis Shopping Center on S. Houston Lake Road is nearing completion. Circuit City has begun construction at 2951 Watson between Hobby Lobby and…
8 Essential House Hunting Tips for Home Buyers Consider your finances before you start your search. You don’t want to fall in love with a home you can’t afford, so determine how much you can spend on your home. Think about the various types of properties you’re most interested in and list all home amenities…
A 1031 Tax Exchange allows you to defer taxes on the sale of a property. It will allow you to have more money to invest in another real estate transaction. You are actually using the money from the sale toward a purchase instead of paying it to the government in taxes. This relates to a…
It appears the Federal Reserve is finally done with its interest rate hikes in the wake of mixed economic signals on inflation and housing. Besides rising energy prices, inflation has been tamed for the time being. Employment statistics still look good, but wage increases for most workers have been almost non-existent. The Ten Year U.S….
Deciding which is right for you will depend on your investment goals, the amount of risk you’re willing to tolerate, and the amount of responsibility and interaction you want to have with your management team and your tenants.
In the previous Land and Timber articles of 2007, we covered a variety of topics focused on helping land owners make decisions that would be beneficial in their pursuit of selling their property. The past few years have been great indicators as to what the market would yield for landowners in 2007. The state of…
“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…
