Date
11/11/09
Time
12:45 ‘“ 3:00 p.m.
Location
REALTOR® Building
Details
New Members are briefed about the structure and functions of CARNM and receive new customer training for the Commercial Information Exchange.
Cost
N/A
Contact Information
CARNM Administrator at 505.724.3470
CCIM Marketing Meeting
CCIM Marketing Meeting
DATEOctober 07, 2009
TIME
7:30 – 9:00 a.m.
LOCATION
CNM Workforce Training Center
DESCRIPTIONCCIM Marketing Meeting. The first Wednesday of each month the local CCIM chapter hosts a breakfast marketing meeting. The meeting is open to all CARNM members and offers a great opportunity to hear about new properties on the market and to network with other commercial real estate professionals. These meetings begin at 7:30 a.m. and generally run until 9:00 a.m. CARNM members make presentations of properties for sale briefly describingthe properties and their features. These presentations are coordinated by the local CCIM chapter and must be scheduled in advance. The CCIM chapter also assists members who are interested in seeking the national Certified Commercial Investment Member (CCIM) designation.
COST N/A
CONTACT
Darin Davis, CCIM President, at
505.222.8562 or Mandie Harms (properties) at 505.798.9800
REITs Are Poised to Pick Up the Pieces
The Wall Street Journal reports: Overleveraged private real-estate funds are gasping for money, but public property companies have been chugging down cash from the capital markets. Now, they are poised to emerge as more-dominant players when the commercial-property-market starts to recover.
REITs (real-estate investment trusts) are poised once again to pick up the pieces from the commercial-property bust. This year, they have tapped the stock market for nearly $15 billion in new equity and, this month have raised $2 billion in unsecured debt. The equity deals diluted shareholders’ ownership stakes, but positioned many REITs — such as mall owner Simon Property Group Inc. and warehouse landlord ProLogis — to avoid loan defaults and have buying power when distress hits the market. Read more at Real Capital Analytics.
Mesa del Sol – Fidelity office building wins national award
Fidelity Investment’s™ office building at Mesa del Sol, Albuquerque, NM has been selected for the national sustainability award by NAIOP Commercial Real Estate Development Association. The office building was designed for Fidelity Investments by Dekker/Perich/Sabatini. It is a two-story, 217,892-square-foot building that was originally planned for silver LEED designation (Leadership in Energy and Environmental Design), but will now seek the next level, gold LEED.
