05.10.2021

Forecast Bright for Commercial Real Estate in 2021

After one of the swiftest economic declines in history at the start of the COVID-19 pandemic, the U.S. economy has experienced a significant recovery that began in the third quarter of 2020 and is continuing…

05.10.2021

Latest Tax Report Gives Santa Fe’s Economy a Boost

Things are looking up for the city of Santa Fe, at least financially speaking. For the first time since before the pandemic hit, the city’s monthly total of gross receipts tax revenue grew compared with…

05.10.2021

Office Will Remain CRE’s ‘Wildcard’ As Economy Recovers

As the crisis winds down, the competition for assets will begin to rise as confidence returns. The overall outlook for CRE investment remains strong and is getting stronger for 2021, though office will remain the…

05.05.2021

The Suburban Office Could Blur the Lines of Residential, Commercial

Remote work is likely going to continue in some form, but that doesn’t mean workers never want to head into an office again. Investors are betting on a post-pandemic surge in interest in workspaces located…

05.05.2021

May 2021 CCIM Deal Making Session Properties

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

05.03.2021

Intel Expanding In NM, With Billions In Investment

Intel Corp. announced on Monday morning its first multibillion-dollar investment in Rio Rancho in more than a decade to convert its local factory into a global manufacturing hub for the company’s new “Foveros” technology. Company…

05.01.2021

April 2021 Commercial Market Trends

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

05.01.2021

April 2021 Commercial Real Estate Market Trends and Outlook

The commercial real estate market is recovering but remains weak compared to conditions before the COVID-19 pandemic, according to NAR commercial members who responded to the 2021 Q1 Commercial Real Estate Quarterly Market Survey and…

04.30.2021

The Best Recipe for 15-Minute Livability

A mix of strategies, including adaptive reuse and data analysis are imperative when creating the neighborhood for everything. I grew up in Tipton, Iowa, a town of around 3,000 people about 25 miles from Iowa…

04.30.2021

Inclusion, Equity and Accessibility

Ensuring the 15-Minute City Serves All The 15-minute city/neighborhood, at face value, sounds as inclusive as any urban-planning concept ever introduced — jobs, housing, health care, groceries, shopping, education, parks, services and more within a…

04.30.2021

Implementing 15-Minute Cities: Where to Start?

Whatever steps your city might take to start implementing the concepts of a “15-minute city,” expect it to take a good bit longer than 15 minutes. Given the morass of regulations and ingrained economic and…

04.30.2021

The 15-Minute City

Old-Fashioned Compact, Convenient, Mixed-Use Development for a Modern, Post-Pandemic, Walkable World The 15-minute city harkens back to an era when the predominant mode of travel was by foot and people could meet most of their…

04.30.2021

The Connectivity Advantage: What Tenants Really Want

Fast, uninterrupted connections—including cell coverage, WIFI, security, and internet— are make-or-break amenities for both residential and commercial tenants. With a proactive, strategic approach to connectivity, you can improve tenant satisfaction and NOI. In today’s highly…

04.29.2021

CARNM CIE Tips & Tricks!

CIE TIPS AND TRICKS: Utilize these tools and improve your business! Add Virtual Tours to Your Properties & Search for Properties With Virtual Tours - Download PDF here 1. Opt-in to Receive Text Inquiries You can…

04.29.2021

How Biden’s Carried Interest Plan Would Play Out in Net Lease

If Biden’s proposals become reality, a lot of product would be put on the market. Then the market could freeze. The net lease sector is bracing itself for the impact of President Biden’s plan to…

04.28.2021

Vaccinated Consumers Spur Shopping Mall Rebound

Foot traffic in shopping malls is up significantly over recent weeks, offering hope for a sector that was among the hardest hit since the pandemic began. In a survey sample of 52 U.S. malls in…

04.21.2021

Q1 Was a ‘Turning Point’ For US CRE

Sale listings increased and the average asking price per square foot rose 5.6% from Q4 2020. With the end of the COVID-19 pandemic (potentially) in sight, CRE activity is bouncing back, according to a new…

04.21.2021

April 2021 LIN Properties

At the April 2021 Virtual LIN Meeting, 17 excellent properties were presented. Thank you for presenting properties and attending the meeting! View the April 2021 LIN properties here. View the April 2021 LIN properties here.

04.20.2021

Legal Marijuana Adding to Warehouse Investment Sales

There is an increase in purchasing properties for marijuana-related businesses instead of leasing. The warehouse space is already in demand. Overall, the industrial sector had record-high rents hovering at $6.90 per square foot nationally in Q1, according…

04.20.2021

Survey Shows Land the Only Commercial Asset with Positive Growth in 2020

The REALTORS® Land Institute (RLI) and National Association of REALTORS® Research Group have released the results of their latest Land Market Survey. The survey shows that while the COVID-19 pandemic battered the commercial real estate market in…

04.19.2021

Landlords on the Lookout for the Right Flexible Space Partner

Management agreements that allow flex space operators to share revenues with landlords could be on the horizon. Landlords are increasingly looking to flex space operators to fill their vacant office space, according to a report…

04.19.2021

New Mexico Has Legalized Cannabis. What Comes Next for Businesses?

It’s not entirely accurate to say New Mexico will create a brand new industry with the legalization of adult-use recreational cannabis. Sure, it’s new to the state. But New Mexico has had a multimillion-dollar medical…

04.16.2021

Marijuana Biz Fueling Real Estate Demand

The marijuana business is growing, and companies are in need of properties to accommodate, but inventories and regulations are tight in places where it’s legal. Commercial real estate practitioners are reporting significant demand for warehouses,…

04.16.2021

Supply of Starter Homes At Lowest Point in 50 Years

“We expect the housing supply shortage to continue to be one of the largest obstacles to inclusive economic growth in the US.” A shortage of starter homes will be one of the biggest challenges the…

04.15.2021

US Retail Sales Increase 9.8 Percent in March, Surpassing Forecasts by Economists

WASHINGTON, D.C. — The U.S. Commerce Department reports that retail sales increased 9.8 percent in March, following a 2.7 percent decrease in February. The numbers surpassed the Dow Jones economists’ prediction of a 6.1 percent…

04.14.2021

Surviving Retail in Troubled Times

The COVID-19 pandemic has exacerbated and accelerated already challenging circumstances for shopping malls and their owners, but there may be other options for these beleaguered assets. Although 2020 is now in our rearview mirror, the…

04.14.2021

Had Enough ‘Disruption’ Yet? Economic Reflections After the (First) Summer of COVID-19

It is now nearly a quarter-century since the adjective ‘disruptive’ gained currency as a positive value, rather than referring to its prior pejorative meaning of ‘disintegrative’ or ‘misbehaving’. The popular embrace of ‘disruption’ as an…

04.14.2021

Legal Tenants Lead in the Return to Office

The occupancy rates for law firms are 10 percentage points higher than the average. As vaccinations become more widespread, executives are beginning to target a return to office later this year. But some professions are moving…

04.13.2021

March 2021 Commercial Market Insights

  Despite the continued economic recovery and the accelerated vaccine distribution,  commercial real estate acquisitions fell 59% in February as the lingering impact of the pandemic kept investors at the sidelines. The dollar volume of…

04.13.2021

Commercial Real Estate International Business Trends

The 2021 Commercial Real Estate International Business Trends Report discusses the trends in foreign buyer purchases of U.S. commercial real estate in 2020 in the “small commercial real estate market” (sales of below $2.5 million) and…

04.12.2021

The Mistake You Are Making When Trying to Project Where Interest Rates are Headed

Investors need to consider other scenarios that could show a little bit more volatility. Andrew Thornfeldt, managing director at Chatham Financial, thinks investors are over-reliant on the forward curve when trying to understand where interest…

04.09.2021

The Office is Becoming More Agile

While flexibility is important, respondents indicated that 100 percent remote work is not ideal for most employees. If companies want happy workers, they need to give them choices. That’s the theme from a Cushman &…

04.09.2021

The Linneman Letter | Volume 21, Issue 1

04.09.2021

Lessons from the UAE

Strategies for improving operating efficiencies The United Arab Emirates (UAE) is one of the most dynamic, forward-looking, and innovative countries in the world. People of over 200 different nationalities call the country their home. We…

04.07.2021

April 2021 CCIM Deal Making Session Properties

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

04.06.2021

Post-COVID Property Management Success: Lead With Resilience

  Let’s begin with a reflection on the following quote from a property manager: “One interesting aspect of management is its resiliency during recessions or economic downturns. The pandemic and accompanying government response is only…

04.06.2021

Pods May Factor into the Future of the Office

They are becoming popular in Asia and could well become an option for office-using companies in the US. Savvy landlords would be smart to look to Singapore and Shanghai—both markets known for domestic space constraints—as…

04.06.2021

Companies Reimagine Food & Beverage Spaces As Offices Slowly Reopen

The new F&B spaces could feature more informal seating with former conference rooms converted into grab-and-go lunchrooms. As the end of the pandemic looms tantalizingly closer, employers have what some analysts are calling a “rare…

04.05.2021

Why Ground Lease Appeal Will Grow Post-COVID

Tzvi Rokeach is a partner at Kramer Levin Naftalis & Frankel LLP. Commercial Observer’s Partner Insights team spoke with him about the rising trend toward using ground leases. Commercial Observer Partner Insights: What minimum size…

04.05.2021

March 2021 Commercial Market Trends

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

04.02.2021

Last-Mile, Supply Chain, and Infrastructure Solutions with CCIM Institute Chief Economist K.C. Conway

Armed with new research from the American Society of Civil Engineers, CCIM Institute Chief Economist K.C. Conway, CCIM, MAI, CRE, dives into the challenges and opportunities associated with last-mile logistics, supply chain, and infrastructure. He…

04.02.2021

The Sun Belt and American West Will Be Retail’s Big Winners This Year

Sun Belt markets, particularly those across the Southeast, are experiencing strong rent growth. Retail real estate registered a slight uptick in conditions in the fourth quarter of 2020, according to a new outlook on the…

04.01.2021

Here’s Why Two Economists Think Clarity’s On The Horizon For Troubled Office Sector

2021 will be difficult for the office sector but ultimately it will be bolstered by expected growth in the professional and business services sectors. As the pandemic winds on, the big question of what will…

03.29.2021

Hospitality Debt is Becoming More Aggressive

Debt funds are pushing leverage to 75% or 80%. The hospitality debt market is becoming more competitive with leverage levels increasing. Debt funds are leading the way with these offerings and while new acquisitions are their…

03.25.2021

Here’s What Rising Interest Rates Mean For Cap Rates

An argument can be made for downward pressure on cap rates for popular assets like industrial and multifamily and recovery types like senior housing and retail. Rising interest rates are unlikely to push cap rates…

03.25.2021

Only 17% of CEOs Now Plan to Downsize Their Office Footprint

Thirty percent said they will have a majority of employees working remotely between two and three days for a week. As office re-openings get closer, a surprising number of CEOs are looking for a return to…

03.25.2021

March 2021 LIN Properties

At the March 2021 Virtual LIN Meeting, 8 excellent properties were presented. Thank you for presenting properties and attending the meeting! View the March 2021 LIN properties here. View the March 2021 LIN Thank Yous…

03.25.2021

March 2021 CCIM Deal Making Session Properties

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

03.24.2021

NM Small Businesses In ‘A World Of Hurt,’ Speaker Says

[caption id="" align="alignleft" width="200"] Rob Black[/caption] New Mexico’s economy is slowly recovering from the effects of the COVID-19 pandemic, but making sure the local economy is competitive with its neighbors’ coming out of the downturn…

03.24.2021

Americans are Still on the Move

But the narrative about people relocating to the suburbs may have become oversold. One in three Americans plans to move in the next 12 to 18 months or is undecided about staying in their current…