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CARNM

Commercial Association of REALTORS® - CARNM New Mexico

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06.27.2023

Office Vacancy Rate Rises 30 Basis Points in One Month

Fresh confirmation, if it was needed, that the U.S. office market is in trouble comes from recent data on vacancy compiled by CommercialEdge in a June 2023 report. “The national office vacancy rate in May was…

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06.18.2023

Titan Development unveils $35M multifamily complex at Journal Center

Titan Development last week unveiled the firm's new, 158-unit multifamily complex at Journal Center, a business park in Northeast Albuquerque. The project, Allaso Journal Center, is part of Titan Development's Allaso series of projects and was constructed by…

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06.16.2023

Expenses Rising Faster Than Revenues for Many Apartment Owners

Expenses are rising faster than revenues for multifamily affordable housing properties, a trend that will likely continue to accelerate, according to a new report from S&P Global Ratings. Property owners saw net income per unit…

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06.16.2023

Prices Are Improving in Many Property Types

A midyear review by a number of Green Street analysts shows improving prices in a majority of property types, as Michael Knott, managing director and head of U.S. REIT research opened with. Yes, office, storage,…

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