02.05.2021
February 2021 CCIM Deal Making Session Properties
Thanks to all of the brokers, sponsors, and guests who attended the February 2021 CCIM NM Deal Making Session & Forum, and to those who shared their properties. Click here to view source PDF. Click here…
Read More02.04.2021
How the Pandemic Is Changing CRE Through Innovation
Facing a once-in-a-century pandemic might’ve felt like backs against the CRE wall, but instead the industry has gone back to the future. ATLANTA —The pandemic showed commercial real estate professionals how vital a role technology…
Read More02.03.2021
Industrial Hits Highest Absorption in More than a Year
Buoyed by growth in e-commerce, the warehouse/distribution space absorbed 35.4 million square feet in Q4. While most sectors have slowed since early 2019, the warehouse/distribution market is still growing. Buoyed by growth in e-commerce, the…
Read More02.03.2021
Global CRE Investment Has Rebounded Dramatically
Although capital began to return to the market in the fourth quarter, global investment was down 26% for the year. Global investment in commercial real estate rebounded at the close of 2020, up 84% from…
Read More02.02.2021
Think 2020 Was Bad for Retail? 2021 Will Be Even Worse
Moody’s Analytics REIS predicts that most of the decline in retail rents and increased vacancies will happen this year. The fourth quarter of 2020 saw tepid declines in retail fundamentals that were seemingly out of…
Read More02.02.2021
January 2021 Commercial Market Trends
View a New Mexico Market Trends Summary Report, which includes January 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…
Read More02.01.2021
CARNM Education: 2021 Courses
Commercial Property Management February 25, 2021 | 8:00 a.m. – 2:30 p.m. | Register Online | 6 CE Credits Qualifies for Property Management Requirement Instructor: Debbie Harms CCIM, SIOR, CPM November 11, 2021 | 8:00 a.m. –…
Read More02.01.2021
Winter Multifamily Outlook Report
Get the latest economic updates, market news, and trends in the multifamily space. Topics cover student housing, a spotlight on Washington, D.C. and more. As 2021 begins, planning for the future of multifamily housing is…
Read More01.28.2021
US Economy Shrank 3.5% in 2020 After Growing 4% Last Quarter
In this Dec. 17, 2020, file photo people check in at a food bank held at Los Angeles Boys & Girls Club in the Lincoln Heights neighborhood of Los Angeles. California's unemployment rate edged up…
Read More01.28.2021
Can the Vaccine Save Retail? One Survey Cast Doubts
Forty percent of consumers tell First Insight that they will shop for apparel in-store either less or the same amount after being vaccinated. Even when we’re all vaccinated, the retail sector will still face challenges.…
Read More01.28.2021
Office Tenants Are Leasing Much Less Space
The 100 largest office lease transactions last year totaled 29 million square feet, 32% lower than in 2019. Early data shows that office users favored smaller footprints in 2020. The trend supports theories that office…
Read More01.27.2021
Nonresidential Construction Likely to Remain in Recession This Year
Nonresidential starts are now at their lowest level since 2015 Commercial and multifamily construction starts in the top 20 US metro areas fell to $111.1 billion in 2020, a freefall of about 23% in value,…
Read More01.27.2021
Retail Investor Sentiment Turned at the End of 2020
The vaccines helped to fuel retail spending at the end of the year, giving investors a reason to re-enter the market. Retail sentiment took a turn at the end of 2020. The sector was hit…
Read More01.27.2021
Proptech Takes Center Stage
Data analytics, virtual touring and leasing, document management and other real estate tech tools continue to mature as more investors adopt them. Nearly a year into the COVID-19 pandemic, we are living in the most…
Read More01.27.2021
Santa Fe to Hold Public Hearings on Sustainability Proposals
The Santa Fe City Council will hold public hearings next month to discuss a slate of proposed ordinances representing the next step in a multimillion-dollar plan to increase city sustainability. The ordinances, if approved, will…
Read More01.26.2021
54% of Office Tenants Received Rent Relief from Landlords Last Year
Rent deferral was the most popular option, followed by rent reduction, rent abatement, early lease termination, applying a security deposit toward rent and downsizing to a smaller space. Commercial office leases were on the chopping…
Read More01.25.2021
Six CRE Assets to Buy This Year
From acquiring distressed loans to providing capital as a shadow lender, here are seven CRE asset types that will pay off this year. Below are my seven strategies to make big profits in CRE in…
Read More01.25.2021
January 2021 LIN Properties
At the January 2021 Virtual LIN Meeting held on January 20, 17 excellent properties were presented. Thank you for presenting properties and attending the meeting! View the January 2021 LIN properties here. View the January…
Read More01.22.2021
It’s Not Just About E-Commerce. Physical Retail Will Also Drive Warehouse Demand This Year
While in-person shopping should increase, demand for modern facilities will also rise. Once there are widespread vaccinations and people begin shopping in physical retail locations, will that make a dent in e-commerce sales and warehouse…
Read More01.22.2021
Industrial, Apartments Drive December Price Gains
US commercial property prices grew 7.3% year-over-year in December, according to the latest RCA CPPI: US summary report. But if you dig a little deeper, you’ll see that apartment and industrial drove the gains. The industrial sector,…
Read More01.22.2021
The Linneman Letter: Winter 2021
Table of Contents Business Failures in the Wake of the Shutdown ............................................................1 In Memoriam: Gerald Hines (1925-2020) ...........................................................................2 The True Employment Situation .............................................................................................6 Civility Must Prevail .......................................................................................................................10 Watch the Flight of the Butterfly..........................................................................................10 Canary Watch…
Read More01.21.2021
Office Occupancy Losses Were Unprecedented in 2020
US office occupancy losses totaled 84 million square feet last year, with more than half of the losses occurring in CBDs. Office occupancy losses hit record lows in 2020. A new report from JLL calls…
Read More01.21.2021
Amid Burgeoning Activity There are Two Worries with Industrial
Overbuilding is one concern in the not-so-distant future. The industrial sector has been a silver lining for commercial real estate during the COVID-19 pandemic and resulting recession. But there are some concerns in the sector.…
Read More01.21.2021
Advisors See Opportunity in Commercial Real Estate
Spurred by client interest, advisors are looking to capitalize on this versatile asset class Commercial real estate represents a massive global market—and a big opportunity for both advisors and their clients. According to our latest research, more…
Read More01.18.2021
Turn the Page: Economic Outlook for a New Year and New Administration
What does 2021 have in store for the economy and commercial real estate? Noted economist and real estate analyst Peter Linneman and CBRE’s Global Chief Economist Richard Barkham join Spencer to dig into what the…
Read More01.16.2021
NM’s Fracking Future in a Changing Climate
An oil pumpjack east of Artesia. The fracking industry faces state and federal calls to reduce emissions in a bid to combat rising global temperatures. (Jim Thompson/Albuquerque Journal) Hydraulic fracturing, or fracking, has made southeast…
Read More01.15.2021
CRE Investors Are Ready to Make Deals Again
“The beginnings of a transaction recovery are forming,” says Marcus & Millichap’s John Chang in a new research report. The beginnings of a transaction recovery upon the CRE industry, says John Chang, SVP and director…
Read More01.13.2021
6 Tech Trends That Could Reshape the Retail Sector
At CES 2021, retailers spotlight how they are evolving to serve the changing customer. U.S. retailers faced a serious blow last spring when many stores were forced to close due to the COVID-19 pandemic. As…
Read More01.12.2021
The Metrics You Should Be Watching in 2021
Job cuts and the Texas ratio will matter. When the Bureau of Labor Statistics (BLS) publishes its monthly jobs numbers, the world takes notice. Markets move and politicians tweet. But for commercial real estate professionals, K.C.…
Read More01.12.2021
Multifamily Properties Are Positioned for a Strong 2021
The rollout of a vaccine and the likelihood of more federal COVID-19 relief measures in the near term will help sustain the apartment sector. The multifamily sector weathered the storm in 2020, living up to…
Read More01.11.2021
Vacancy Climbs As Rents Fall Across Asset Classes
Most metros are seeing “bleak” fundamentals in apartments, office and retail, according to a new Moody’s Analytics. Apartments, office and retail are all following a similar trend: rising vacancy rates with declining rents. A new…
Read More01.08.2021
Final Drone Rules Released
On December 28, 2020, the FAA released new final rules for certain uses of Unmanned Aerial Systems, (UAS, or drones), the result of a multi-year undertaking. These new rules build upon previous rulemakings which expanded…
Read More01.08.2021
January 2021 CCIM Deal Making Session Properties
Thanks to all of the brokers, sponsors, and guests who attended the January 2021 CCIM NM Deal Making Session, and to those who shared their properties. Click here to view source PDF. Click here to view…
Read More01.07.2021
Real Estate in 2021: Plenty of Reason for Optimism
A tax credit proposal and new construction are keys to improving home affordability, while creative reuse is the buzzword for commercial. Key Takeaways: Home sales are expected to rise by around 10% in 2021. Home…
Read More01.07.2021
Trending Upward: Innovations in Industrial
In major urban markets—New York City included—two-day delivery, next-day delivery and even same-day delivery are increasingly expected by residents. As a result of these shrinking delivery windows, the need for local distribution centers and last…
Read More01.07.2021
Trending Upward: Innovations in Industrial
In major urban markets—New York City included—two-day delivery, next-day delivery, and even same-day delivery are increasingly expected by residents. As a result of these shrinking delivery windows, the need for local distribution centers and last-mile…
Read More01.06.2021
December 2020 Commercial Market Trends
View a New Mexico Market Trends Summary Report, which includes December 2020 Commercial Market Trends. This report includes the total number of listings, asking lease rates, asking sales prices, days on the market and total square…
Read More01.06.2021
Net Lease Sector Showed Strength in the Fourth Quarter of 2020
Outlook for 2021, however, is more uncertain. While many sectors of commercial real estate continued to struggle in the fourth quarter of 2020, investors’ preference for net lease assets remained strong. Investment sales activity in…
Read More01.06.2021
Self-Storage is a Hyper Local Story
Most people want to store their possessions within three miles. If you’re looking at a high-growth market, like Dallas, Nashville and Charlotte, to place a self-storage facility, you might need to zero in a little…
Read More01.06.2021
Digging Deeper into Retail's Recovery
Retail continues to be about location, and as a result, retail’s recovery has varied widely in the past several months for many reasons, according to Placer.ai’s year-end analysis. Despite the major wallop that was unleashed…
Read More01.05.2021
Construction Financing Remains Available for Some Multifamily Development
Despite the disruptions in the market, multifamily developers remain busy and lenders have been willing to provide construction financing. Notwithstanding notable exceptions including San Francisco and New York City, where a surge in vacancies has led…
Read More12.31.2020
December 2020 Commercial Market Insights
This issue looks at the latest trends across the commercial property markets (multifamily, office, industrial, and retail) and features two pieces on the hotel sector and cap rate trends. The hotel sector has been struggling the…
Read More12.30.2020
Grocers, Home Goods and (Yes) Gyms Will Be the Top Retail Performers Next Year
Grocers, home goods stores and even one fitness company are among the retailers well positioned to tackle 2021. Placer.ai has released its forecast for the best performing retailers in 2021. Some of the names on…
Read More12.30.2020
The US Economy Struggles as Asia Rebounds
Countries that have done a better job of managing the pandemic are already deep into economic recovery. The US could be on the brink of slipping back into a recession. Along with Europe, the US…
Read More12.29.2020
CRE Waits to See if the Suburban Migration Trend Sticks
It merely accelerated the trend, according to a new research video from Marcus & Millichap. The pandemic has led to sweeping changes in the way that we live our daily lives. Whether or not these…
Read More12.29.2020
The Four Phases of Recovery We Can Expect Next Year
We may not know how unemployed workers have fared until the end of 2021. Everyone expects a rocky ride for the US economy for the first half of 2021 as the vaccine is distributed and…
Read More12.28.2020
Office Leasing Activity Rebounds at Year's End
Better late than never. Office leasing activity has surged at the end of the year, accounting for 50% of the year’s office leases. There may be a little holiday hope for the office market. From…
Read More12.21.2020
View The Current New Mexico Federal Economic Report
Click here to read the current Federal Economic Area report. This report offers real estate professionals a window into demographics and consumer behavior in the state of New Mexico. Source: "View The Current New Mexico…
Read More12.21.2020
Five Steps to Construct a Diverse Real Estate Investment Portfolio
Here are some guidelines on maximizing returns and minimizing risks when building your commercial real estate portfolio. Millions of Americans invest in alternative assets, including real estate. It’s an important step to diversify a portfolio with…
Read More12.17.2020
The Number of Remote Workers Could Double in Five Years
In five years, hiring managers expect that 22.9% of workers will be remote The number of remote workers in the next five years is expected to be nearly double what it was before Covid-19: By…
Read More
