01.24.2023
New Mexico’s unemployment rate has dropped to the lowest level in nearly 15 years
The unemployment rate continues to drop in New Mexico and last month was no exception. According to data released Tuesday by the New Mexico Department of Workforce Solutions, the unemployment rate came in at 3.9%…
Read More01.23.2023
Tight Industrial Supply Turns Subleases Profitable
Some dynamics of logistical and industrial space leasing are feeling pressures of inadequate supply, according to a panel of NAI Global industrial and logistics real estate experts meeting virtually. Although demand pacing ahead of supply…
Read More01.23.2023
Expiring Interest Rate Caps to Fuel Distressed Property Sales
An exponential increase in the cost of interest-rate caps—insurance that CRE borrowers with floating rates purchase to hedge against rate increases—may soon spawn a wave of property sales in an increasingly distressed market. In 2019,…
Read More01.23.2023
Mega-Deals Reinforce Foreign Appetite for U.S. Real Estate
GFH Financial Group, a Middle East-based investment group, kicked off 2023 with an announcement that it had bought a majority stake in Big Sky Asset Management, a $2 billion U.S.-based real estate asset manager focused on…
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