News & Events | CARNM

11.11.2021

Restaurants Face Shrinking Margins As Food, Labor Costs Increase

The decline in profitability will make restaurant companies less attractive as mergers and acquisition targets. Restaurants are facing shrinking margins with higher food, fuel, labor and transportation costs, according to a report from the Restaurant…

Bernalillo County Weighs Cannabis Regulations

Months after Albuquerque officials hammered out land-use provisions for the budding recreational marijuana industry, Bernalillo County is ready to do the same. Leaders are now weighing a proposed zoning code update that outlines where businesses…

Will Inflation Erase the Demand for Net Lease Drugstores?

The lack of rent escalations in drugstore leases could be a problem in an inflationary environment. But the story is more complex than that. When Walgreens announced last month that it planned to close several…

Inflation Fears are Driving More Investors Towards Commercial Real Estate

Recent real estate industry research supports the notion that real estate assets provide some protection in inflationary periods. Inflation appears to be providing another tailwind for investors looking to increase allocations to commercial real estate.…

The Coming U.S. Regulatory Oversight of, and Demand for, Climate Disclosure

Overview Regulation and oversight of climate disclosure and related carbon measurement is coming to the U.S. On April 9, 2021, the United States Securities and Exchange Commission (SEC) issued a risk alert cautioning firms that…

Office is the New Retail: A Dynamic Property Sector Faces Painful Adjustments and a Bifurcated Recovery

Despite wholly different market dynamics, the office property sector is confronting some challenging adjustments coming out of the pandemic that eerily mirror those buffeting the retail sector. American office workers are preparing to venture out…

On the Hunt for a Productive New Biomanufacturing Site?

Real estate and facility strategy can fuel efficiency, scale, and speed to market for your new biomanufacturing operation Amid explosive demand for biology-based innovation, many biomanufacturing organizations are expanding their footprints, requiring advanced real estate…

Why Apartment Cap Rates Are Projected to Remain Low

Spreads between bond and property yields are generous enough to absorb higher long rates in the short term, Investcorp wrote. The multifamily sector entered the pandemic on solid footing, and despite challenges brought on by…

Commercial Real Estate Recovery Continues to Gather Steam in October 2021

Amid an improving economy, the commercial real estate market continues to recover, marked by rising occupancy across all commercial property markets, according to the October Commercial Market Insights Report. In the office market, occupancy increased by…

The Need For Technology In A Future Of Hybrid Work

Technology has been a leading force for many businesses in the last few years. From streamlined work processes to significantly improving the usage of time and resources, technology adoption has proved to be essential not…

The Return to Occupancy & Beyond Survey Results

Introduction For the first time ever, some of the most respected and prominent real estate industry associations came together to support a return to occupancy and beyond survey designed to help their members and the…

Dine-In Restaurants Still Struggling in Wake of Pandemic

Dine-in visits to restaurants were down 48% in the 12 months ending September 2021. Dine-In restaurants are still suffering in a major way from the fallout of the pandemic, the NPD Group says. Dine-in visits…

Loans Backed by Office Buildings Were Supposed to be Battered. That Prediction Proved Wrong.

Office loan portfolios held by non-bank lenders have been posting steady performance, helped by long leases, high quality assets and some workouts. When the COVID-19 pandemic forced companies around the country to send their workers…

How Zillow’s Latest Moves Will Impact the Housing Market

Its ‘iBuyer’ platform has led to two-thirds of the homes it listed for sale featuring an asking price below what Zillow paid. Zillow’s unexpected announcement in October that it was temporarily pausing its home-buying activities…

LEX Makes History With First Real Estate IPO Accessible To All US Investors

LEX Markets, a commercial real estate securities marketplace built for all investors, announced today that it is taking a building public through a novel securitization process in a first of its kind IPO. This is…

CRE Would Be Hit With Some Taxes, Dodge Others, Under Biden Plan

Companies and investors would need to rework tax planning. The Biden administration announced the latest Build Back Better framework on October 28. It still isn’t clear when the social spending package is up for a vote or…

November 2021 CCIM Deal Making Session Properties

Thank you to all of the brokers, sponsors, and guests who attended the November 2021 CCIM NM Deal Making Session & Forum and to those who shared their properties. Click here to view source PDF. Click…

The Great Resignation Of Office Tenants Begins, As Occupiers Quit Leases And Move To Flex Space

According to JLL, flex space will be 30 percent of the office market by 2030. One of the key reasons for this is that unlike office suites of the past, which existed primarily to provide…

Thousands of Satellites Currently Orbit the Earth. An ABQ Firm Built a System to Monitor Them.

The Air Force Research Laboratory is betting $750,000 on a new system that Albuquerque-based data analytics firm RS21 built to prolong satellite operations through remote monitoring and intervention. The system – dubbed the Space Prognostic…

11.01.2021

A New Phase of Industrial Development?

For the first time in years, Albuquerque developers have started building industrial space on a large scale without having tenants lined up, which may mean relief is on the horizon for the city’s notoriously tight…

mb10_jd_01nov_2industrial-768x462 | CARNM

11.01.2021

October 2021 Commercial Market Trends

View a New Mexico Market Trends Summary Report, which includes October 2021 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…

Griffin Swinerton’s Korin Crawford on forward-looking opportunities in infrastructure investing

Korin Crawford, executive vice president of Griffin Swinerton and Counselor of Real Estate (CRE), discusses the current $1t infra bill; the potential for the electrification of cities, renewable energy, building efficiency and broadband; shifting perspectives…

Active Measures

As commercial real estate slowly moves toward a future where the industry better reflects the community, what can facilitate change? The topics of race and diversity in the U.S. have taken center stage in our…

The Construction Materials Shortage: The Story So Far

Due in part to the COVID-19 pandemic, more people want to build a new home, move somewhere larger, or renovate than ever before. As a result, there is a huge demand for homes and building…

Lifestyle Centers Have Become One of the Most Undervalued Retail Asset Classes

Modern-day interpretation of the mall brings together outdoor settings with retail, office, multi-housing and hospitality space. Lifestyle centers may be one of the most undervalued retail asset classes currently. According to JLL, increased customer foot…

The Simple Reason CRE Is Outperforming Against All Odds

Inflation-adjusted household wealth is up 21.4% over pre-COVID levels. As the US continues to recover from the COVID-19 pandemic, CRE is outperforming, seemingly against all odds. After all, the US economy has yet to fully…

October 2021 LIN Properties

At the October 2021 Virtual LIN Meeting, 11 excellent properties were presented. Thank you for presenting properties and attending the meeting! View the October 2021 LIN properties here. View the October 2021 LIN Thank Yous…

A Focused ESG Strategy Can Drive CRE Resiliency

PwC and ULI’s emerging trends survey found that 82% of respondents consider ESG elements when making operational or investment real estate decisions. Already grabbing daily headlines in the United States and globally in most every…

Construction Sees No End to High Materials Costs, Labor Availability

The lack of available labor has been a larger factor in project delays than the materials. There’s been a “steady return of demand for projects across most sectors of commercial work,” says a new construction…

Is the Time Ripe for a Sale?

No easy answers other than “It depends.” Values are up. Rents are rising, Cap values are at historical lows in some markets. It’s a strengthening economy. Then there are the prospects of higher interest rates,…

Where Do You Go in a Low Cap Rate Environment

CBRE cap rate report release indicates investor interest largely in multifamily and industrial. CBRE welcomed an esteemed panel to discuss cap rates and CRE investing in a recent podcast. Among them was Rod Vogel, Senior…

Hidden Cyber Risk Could Cause US Property Insurance to Rise

Cyber exposures anticipated over the next few years will challenge the industry’s ability to cope with rapidly increasing risks. So far the US property insurance market has not been incorporating the price of cyber risks…

As Smart Buildings Increase, So Does Cybersecurity Risk

How to mitigate risk and safeguard properties from a property management perspective Intelligent building solutions or “smart buildings” are increasingly becoming the norm across many property types. Tenants and building owners are drawn to the…

Steel and Aluminum Prices Make Some Wonder If There’s a Bubble

Others think the higher prices are a result of economics 101 and are here to stay for now. If you’re building with steel or aluminum, you might be wincing with every quote and invoice. Iron…

Amid Broader Selloff, Publicly-Traded REITs Took a Hit in September

The FTSE Nareit All Equity REITs Index remains up more than 20 percent year-to-date in spite of a step back during the month. Headwinds that challenged the broader equities market—including questions about the pace of…

10.06.2021

October 2021 CCIM Deal Making Session Properties

Thank you to all of the brokers, sponsors, and guests who attended the October 2021 CCIM NM Deal Making Session and to those who shared their properties. Click here to view source PDF. Click here to…

Lumber Prices Start to Rise Toward What Might Be a New Normal

Building commodities prices are inflated from increased demand and ongoing supply chain issues. Mid-September: it was a good time for lumber prices, while it lasted. After levels earlier this year hitting $1670.50 per thousand board feet—high…

In Positive Sign for Sector, Investors Continue to Favor Full-Service Hotels

Buyers pulling the trigger on full-service hotels indicate confidence that business and convention travel will rebound in 2022. Blackstone Inc.’s big announcement last week that it was selling its Cosmopolitan of Las Vegas resort and casino for…

cosmopolitan-casino-GettyImages-107948931 | CARNM

10.04.2021

RPAC: Your Best Investment in Commercial Real Estate

Since 1969, the REALTORS® Political Action Committee (RPAC) has promoted the election of pro-REALTOR® candidates across the United States. The purpose of RPAC is clear: voluntary contributions made by REALTORS® are used to help elect candidates who understand…

Warehouse Rents Exceeding $10 Per/SF in Some Markets

Topping the country are Northern New Jersey ($18.50), Puget Sound ($16.44), Los Angeles ($16.20) and Inland Empire ($10.20). Rents for modern warehouse product are surging, a trend acutely felt in the most desirable logistics locations,…

New Analysis Has Majority Returning to Office in Q1 2022

Herd resiliency rate and other safety factors will guide companies’ decisions. Current data issued this week by Cushman & Wakefield suggests that most of the world will achieve herd resiliency—i.e., over 70% either vaccinated or…

September 2021 Commercial Market Trends

View a New Mexico Market Trends Summary Report, which includes September 2021 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…

Supply Chain Issues Pushing Industrial Rents to Records

Industrial occupiers would rather pay more for rent than for transportation costs. As supply chain issues grow around the country and around the world, U.S. industrial property owners are benefiting, seeing strong demand for space from end-users…

09.30.2021

Raising Downtowns Up

Reinvention Ahead “Ghost towns.” That is how Bloomberg reporters recently described London, New York, and San Francisco, all of which experienced significant decreases in workplace activity during the pandemic. Such a bleak scenario seems a logical outgrowth…

09.30.2021

A Questionable State of the Industry

Delta Variant Brings a Cloud to Brightening Skies Is that a light at the end of the tunnel that CRE practitioners see, or is it the Delta variant “train” heading towards them? The truth is…

09.29.2021

The System of Systems

As the Nation Awaits Repairs to Infrastructure, Industrial Specialists Are Adapting At the time of this writing, the U.S. stands to lose its global competitive edge if Congress fails to take action on a pair…

09.29.2021

Multifamily Investors Step On The Gas

After a quiet 2020, the multifamily market is revved up for a booming year as the economy and commercial real estate industry open. The multifamily market has shaken off the lingering effects of the COVID-19…

Here’s What One CRE Expert Would ‘Overpay For’ in the Current Climate

“There’s a real opportunity for investors to use knowledge and expertise to outperform the market and to create value.” As the CRE investment climate continues its aggressive trajectory across virtually all asset classes, some industry…

What the Fed’s Monetary Plans Mean for CRE

The moves might have limited effects on commercial real estate. The Federal Reserve is saying that it will start to taper off its purchases of $120 billion of bonds per month. Also, Fed officials were…

CRE Is Due for a Correction, and COVID-19 Wasn’t It

A commercial real estate correction is not only a possibility but increasingly likely in the middle term. The word "recovery" comes up a lot these days, describing everything from recent job gains to resurgent lending…

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11.11.2021

Restaurants Face Shrinking Margins As Food, Labor Costs Increase

11.10.2021

Bernalillo County Weighs Cannabis Regulations

11.10.2021

Will Inflation Erase the Demand for Net Lease Drugstores?

11.08.2021

Inflation Fears are Driving More Investors Towards Commercial Real Estate

11.06.2021

The Coming U.S. Regulatory Oversight of, and Demand for, Climate Disclosure

11.06.2021

Office is the New Retail: A Dynamic Property Sector Faces Painful Adjustments and a Bifurcated Recovery

11.05.2021

On the Hunt for a Productive New Biomanufacturing Site?

11.05.2021

Why Apartment Cap Rates Are Projected to Remain Low

11.05.2021

Commercial Real Estate Recovery Continues to Gather Steam in October 2021

11.05.2021

The Need For Technology In A Future Of Hybrid Work

11.05.2021

The Return to Occupancy & Beyond Survey Results

11.04.2021

Dine-In Restaurants Still Struggling in Wake of Pandemic

11.04.2021

Loans Backed by Office Buildings Were Supposed to be Battered. That Prediction Proved Wrong.

11.04.2021

How Zillow’s Latest Moves Will Impact the Housing Market

11.03.2021

LEX Makes History With First Real Estate IPO Accessible To All US Investors

11.03.2021

CRE Would Be Hit With Some Taxes, Dodge Others, Under Biden Plan

11.03.2021

November 2021 CCIM Deal Making Session Properties

11.01.2021

The Great Resignation Of Office Tenants Begins, As Occupiers Quit Leases And Move To Flex Space

11.01.2021

Thousands of Satellites Currently Orbit the Earth. An ABQ Firm Built a System to Monitor Them.

11.01.2021

A New Phase of Industrial Development?

11.01.2021

October 2021 Commercial Market Trends

10.27.2021

Griffin Swinerton’s Korin Crawford on forward-looking opportunities in infrastructure investing

10.27.2021

Active Measures

10.26.2021

The Construction Materials Shortage: The Story So Far

10.26.2021

Lifestyle Centers Have Become One of the Most Undervalued Retail Asset Classes

10.26.2021

The Simple Reason CRE Is Outperforming Against All Odds

10.20.2021

October 2021 LIN Properties

10.15.2021

A Focused ESG Strategy Can Drive CRE Resiliency

10.15.2021

Construction Sees No End to High Materials Costs, Labor Availability

10.14.2021

Is the Time Ripe for a Sale?

10.13.2021

Where Do You Go in a Low Cap Rate Environment

10.13.2021

Hidden Cyber Risk Could Cause US Property Insurance to Rise

10.12.2021

As Smart Buildings Increase, So Does Cybersecurity Risk

10.08.2021

Steel and Aluminum Prices Make Some Wonder If There’s a Bubble

10.06.2021

Amid Broader Selloff, Publicly-Traded REITs Took a Hit in September

10.06.2021

October 2021 CCIM Deal Making Session Properties

10.04.2021

Lumber Prices Start to Rise Toward What Might Be a New Normal

10.04.2021

In Positive Sign for Sector, Investors Continue to Favor Full-Service Hotels

10.04.2021

RPAC: Your Best Investment in Commercial Real Estate

10.01.2021

Warehouse Rents Exceeding $10 Per/SF in Some Markets