02.23.2022
Strap In, Building Materials Prices Head Up Again
Leaders in January were lumber and paint. At this point in the building supply chain miseries, if it’s any month, this must be a time for rising prices. That’s what January brought, according to the…
Read More02.22.2022
Asking Multifamily Rents Rose 15% in January
This jump reflects the largest annual increase since February 2020. Asking multifamily rents rose a staggering 15% in January nationwide to an average of $1,891, according to new research from Redfin, a jump that reflects…
Read More02.22.2022
2021 CRE Investment Hit a Record $746B
But for a clear look it’s important to get beyond pure dollar values. CBRE released its 2021 US commercial real estate investment volume and announced a record $746 billion, up by 86% from 2020. The…
Read More02.22.2022
Why You Need Sensors For Your Building Management System (BMS)
In the battle to optimize energy consumption in buildings, facilities managers have turned to Building Management Systems (BMS) as one of their greatest assets. BMS became popular in the recent wave of smart building design.…
Read More02.22.2022
Yes, Lenders Are Interested in Financing Retail Properties
After more than two years of heavy lending on multifamily and industrial, lenders are searching for higher yields. Mortgage bankers and lenders across the U.S. want real estate owners to know one very important fact: debt…
Read More02.21.2022
Can You Negotiate The Future Of Work Without Breaking The Office Market? A Bisnow Choose Your Own Adventure
The future of work. It’s a point of deep uncertainty, and for office owners, it can feel like they are grasping in the dark. Office owners are having to make decisions now, decisions that might…
Read More02.18.2022
It’s Still Early to Know If CRE Will Treat the Metaverse as Real
Currently, some of the promoters seem to be cryptocurrency trading companies. It’s been close to 50 years since the rock group Queen asked the questions: “Is this the real life? Is this just fantasy?” in…
Read More02.18.2022
Office Leasing Stalled, Sublease Availability Remained High in January
The good news: “a significant share of occupiers are staying the course on longer-term plans for pursuing new leases.” Office leasing was tepid in January as concerns over the Omicron variant continued to plague occupiers,…
Read More02.17.2022
Adaptive Reuse Expected to Surge This Year
A surge in apartment conversions, which doubled last year, is likely to intensify as a glut of underused old office buildings in large cities become targets for redevelopment. A perfect storm of market conditions—including a…
Read More02.17.2022
Life Sciences CRE Investment Poised to Continue its Growth Story Well Into 2022
Investment in US life sciences real estate increased 62% last year. Investment in US life sciences real estate is poised to grow another 10% minimum this year, according to new research from CBRE’s capital markets…
Read More02.16.2022
What Do Office Employees Want? It’s Not What You Think.
Indoor air filtration, private workspaces and assigned desks are the features that make offices truly attractive to workers. As the COVID-19 pandemic seems to be subsiding around the world, more and more companies are taking…
Read More02.16.2022
Labor Shortage Will Present Major Headwind For CRE in 2022
Many hotels and senior living facilities are operating at partial capacity because they can’t hire enough people. The labor shortage will be one of the greatest challenges for the commercial real estate industry and the…
Read More02.16.2022
February 2022 LIN Properties
At the February 2022 LIN Meeting, 8 excellent properties were presented. Thank you for presenting properties and attending the meeting! View the February 2022 LIN properties here. View the February 2022 LIN Thank Yous here.
Read More02.16.2022
Employers Reluctant to Adapt to New Workplace Reality
Nearly 90% of companies to remain open in 2022, Density study showed. For all the debate around hybrid work schedules and remote work, one study finds that most employers continue to embrace a traditional approach…
Read More02.15.2022
After Huge Run-Up, Materials Costs Set to Moderate in Q1
Construction items such as copper, lumber, steel and cement saw hyperinflation in 2021. At least one leading construction consultancy firm sees lower prices ahead for construction materials and also a surge in construction spending by…
Read More02.15.2022
Commercial Real Estate Lending Continues to Expand
CBRE report points to highly liquid markets with lending momentum on the rise. Commercial real estate lending markets continued with high liquidity in the fourth quarter of 2021, according to a new report from CBRE.…
Read More02.12.2022
Stuck in Neutral: Rule Change Could Slow Hiring in New Mexico’s Trucking Industry
A little-known federal rule change will affect how New Mexicans looking to enter the trucking industry can acquire a commercial driver’s license, and some in the industry are concerned that the new rule will impact…
Read More02.07.2022
Self-Storage Winning Streak Expected to Continue in 2022
Though rent growth has moderated, none of the metros Yardi tracks has seen negative street rate growth for either unit type. The self-storage sector became an investor darling in 2021 thanks to strong rent growth…
Read More02.07.2022
Here’s Where Most Intense Apartment Construction Is Occurring
Sunbelt and Mountain areas are attractive, but there are a few “hidden gems” for developers, NAR reports. Metro areas in the Sunbelt and Mountain states are undergoing intense apartment construction activity as builders try to…
Read More02.04.2022
The Office Market May Be Turning a Corner
However, progress is still tentative and not all signs are immediately hopeful. There’s some good news for the office market, according to Transwestern. In the company’s 2021 Q4 review, there was quarterly office absorption of…
Read More02.03.2022
Carlyle Global Credit to Acquire $3B Net Lease Business from iStar
Carlyle expects to scale its net lease strategy into a $10 billion business with scope for a future retail platform. Accelerating its growth in real estate credit, Carlyle announced that its Global Credit platform has…
Read More02.03.2022
These are the Asset Classes Most Resistant to Inflation
With the ability to change rates every day, hotels are most resistant to inflation. Inflation is the risk factor investors are watching the most closely this year—but each property type has unique nuances in terms…
Read More02.02.2022
February 2022 CCIM Deal Making Session Properties
Thank you to all of the brokers, sponsors, and guests who attended the February 2022 CCIM NM Deal Making Session & Forum and to those who shared their properties. Click here to view source PDF. Click…
Read More02.02.2022
CRE ‘Largely Spared’ from Pandemic Recession
NAIOP’s annual report for 2021 shows commercial real estate’s growing impact on the US economy. Despite some whipsaw employment numbers—which didn’t prove too detrimental—the construction market in 2021 was “largely spared” from the pandemic recession,…
Read More02.02.2022
Cap Rates for Single-Tenant Big Box Properties Compress
The Boulder Group cites high demand from surplus of capital as the primary factor. National asking cap rates in the single-tenant big box sector decreased to 6.25% in the fourth quarter of 2021, representing a…
Read More02.02.2022
Inside Multifamily’s Booming Year
CBRE analysts peg the rising demand on household formation, job and wage growth, strong consumer confidence and sharply rising home prices. Last year finished with record multifamily demand, with the sector setting an annual absorption…
Read More02.02.2022
Inside Multifamily’s Booming Year
CBRE analysts peg the rising demand on household formation, job and wage growth, strong consumer confidence and sharply rising home prices. Last year finished with record multifamily demand, with the sector setting an annual absorption…
Read More02.01.2022
Innovation-oriented industries and talent concentration to drive urban and real estate recovery
U.S. continues to dominate top innovation markets, with bright spots in Asia Pacific and Europe As the global economy continues to improve despite ongoing challenges, innovation-oriented industries and availability of talent will be key growth…
Read More02.01.2022
Industrial Space Demand Forecast, First Quarter 2022
Scarcity Drives Unprecedented Industrial Space Demand Just when the industrial market seemed it could not get any stronger, the new year has seen demand for space far outpace the supply of new product. Rents have…
Read More02.01.2022
January 2022 Commercial Market Trends
View a New Mexico Market Trends Summary Report, which includes January 2022 Commercial Market Trends. This report includes the total number of listings, asking lease rates, asking sales prices, days on the market and total square feet…
Read More01.31.2022
Flex Space Demand Expected To Boom In 2022
Increased institutional interest is creating more transparency, which will aid in the maturity of the sector. The “work from anywhere” trend will continue to pick up steam in 2022, a team of Colliers analysts predicts,…
Read More01.26.2022
2022 Will Be a More Challenging Year for Healthcare Acquisitions
A number of issues, from labor to inflation and rising interest rates, will make healthcare acquisitions and development more challenging in the coming year. In 2021, healthcare investor and developer Meridian had a banner year,…
Read More01.26.2022
Cold Weather Markets Now Seeing Severe Shortages Of Precast Concrete, And There Aren’t Many Options
Supply chain hiccups, rising material costs and shortages have plagued the industrial construction market throughout much of the pandemic. And although some of these problems cleared up in 2021, a new shortage arose in the…
Read More01.24.2022
Looking Ahead
Predicting the Headlines of 2022 Should we start with the good news or the, well, not so good? On the good news side, the industrial market is pretty much where we left it in SIOR Report’s Q2…
Read More01.21.2022
2022 Will Be Hottest On Record For Build-To-Rent
A recent RentCafe survey of 3,300 renters reveals that 78% are interested in living in SFR communities. This year is shaping up to be the hottest on record for the popular build-to-rent sector, as consumers…
Read More01.19.2022
January 2022 LIN Properties
At the January 2022 LIN Meeting, 11 excellent properties were presented. Thank you for presenting properties and attending the meeting! View the January 2022 LIN properties here. Click here to view the Thank Yous.
Read More01.19.2022
Office Investors Will Bypass Primary Markets in 2022
Secondary markets drove the absorption of office space in the second half of 2021. Despite a relatively strong end to the fourth quarter, office investors are still likely to remain on the sidelines in primary…
Read More01.18.2022
5 Facts About December’s Decline in Retail Sales
Last week, the Commerce Department reported that US retail sales fell 1.9% in December. It marked the end of the fourth consecutive month of growth, following November’s rise of 0.3% and a 1.8% jump in…
Read More01.18.2022
Fitch Ratings Lowers Outlook For Global Lodging Sector
Fitch now anticipates RevPAR to recover to about 70% of 2019 levels in 2022, with most of the recovery happening in the second half of the year. Fitch Ratings has lowered its outlook for the…
Read More01.18.2022
Restaurants and Bars Face Bankruptcies, Evictions Without Federal Relief
The Independent Restaurant Coalition’s January nationwide survey finds more than 1 in 4 without federal grants face eviction. Many of the companies that did not receive Restaurant Revitalization Fund grants from the federal government during the pandemic…
Read More01.14.2022
JP Morgan Picks Its Best CRE Categories For Investment
The top CEOs, CIOs and strategists point to logistics, Sunbelt multifamily, and outdoor industrial storage. JP Morgan sees an array of sectors in the US that are benefiting from high user demand and will perform…
Read More01.14.2022
Why CRE Insurance Prices Are Becoming More Volatile
Increased costs from climate change, the supply chain crisis and inflation are just some of the reasons. Commercial insurance prices are rising as increased costs from climate change, the supply chain crisis and inflation take…
Read More01.13.2022
More Office Tenants Are Expanding Than Contracting Space Needs
Expansions in primary markets climbed to 24% last year from 17% in the final three quarters of 2020. More companies are expanding their footprints than contracting, according to new research from CBRE, suggesting tenants may…
Read More01.13.2022
ABQ Real Estate Industry Grappling With Ransomware Fallout
The cyberattack that’s hobbled Bernalillo County has introduced some new challenges for the local real estate community, but industry representatives say it could devolve into a full-blown mess if the situation is not resolved soon.…
Read More01.13.2022
The Butterfly Recovery is Finally Over, or is it?
As vaccinations continued, the Delta variant receded, and the federal unemployment insurance top up ended, it appeared that the Butterfly Recovery had ended, only to be followed by an emerging Omicron variant. Early indications suggest…
Read More01.13.2022
Looking Ahead
Predicting the Headlines of 2022 Should we start with the good news or the, well, not so good? On the good news side, the industrial market is pretty much where we left it in SIOR Report’s Q2…
Read More01.11.2022
The Future of Electric Vehicles Poses Challenges for CRE
Owners and developers will need to make significant changes to their properties. The electric vehicle market is charging up, as Barron’s notes. GM, Ford, Honda, Renault, Volvo, and even consumer electronics giant Sony are in the race. The…
Read More01.10.2022
Commercial, Industrial Building Planning Highest In Over A Decade
“The signals provided by the Dodge Momentum Index continue to suggest that construction activity will improve in 2022—and, more importantly, that this growth will be more balanced than what was seen in 2021.” Planning for…
Read More01.10.2022
Why the CMBS Outlook Remains Strong for 2022
“Low yields in other asset classes in combination with the ability to increase rents acting as a partial inflation hedge should continue to drive demand for investments but not enough to dampen CRE investment.” The…
Read More01.07.2022
Why the Need for Innovation in Commercial Real Estate Will Only Increase With Time
Innovation and commercial real estate (CRE) go hand-in-hand. Every businessperson understands that innovation is essential. In commercial real estate, however, this principle is especially true. Since early 2020 when the coronavirus pandemic rocked the commercial…
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