07.08.2019
Take the Due Diligence High Road for Cannabis-Related Leases
Katy Young, managing partner of Ad Astra and the current president of the National Cannabis Bar Association, recently shared insights into leasing retail space for cannabis use in this EXCLUSIVE. A recent report by Cushman &…
Read More07.08.2019
Multifamily Absorption Reaches 5-Year High
US apartment demand spiked during the second quarter of 2019 with product absorption climbing to a five-year high, according to RealPage. It reports that net move-ins totaled 155,515 units in the April-through-June time frame, topping…
Read More07.08.2019
What’s Next for New Mexico’s Energy Future as Utility Transitions Away from Coal
Coal has provided affordable, reliable energy to New Mexico for decades. The downside of coal is greater emissions and higher fuel costs. As part of the state’s largest utility effort to lead the nation in…
Read More07.05.2019
New City Manager Stresses Digital Infrastructure, PdV
Rio Rancho’s new city manager has an eye on the future and plans for collaboration to benefit the whole region. David Campbell started work with the city Monday. “I have seen city management as my…
Read More07.01.2019
June 2019 Commercial Market Trends
View a New Mexico Market Trends Summary Report, which includes June 2019 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 More07.01.2019
June 2019 LIN Properties
At the June 2019 LIN Meeting held on June 19, 2019, 8 excellent properties were presented. Thank you for presenting properties and attending the meeting! Thank you to the Bo Galles and Ben Perich who…
Read More07.01.2019
June 2019 CCIM Deal Making Session Properties
Thanks to all of the brokers, sponsors, and guests who attended the June 2019 CCIM NM Deal Making Session & Forum and to those who shared the June 2019 CCIM NM Properties. Click here to view source…
Read More07.01.2019
SOLD OUT: 2019 CARNM Charity Golf Tournament
SOLD OUT! CARNM is excited to announce that this year's tournament has SOLD OUT for the time ever! Thank you to everyone who registered to participate in the 2019 CARNM Charity Golf Tournament! If you are still…
Read More06.27.2019
Obsolete Office Buildings Offer Investors a Myriad of Opportunities for Adaptive Re-Use
Office landlords struggling with high vacancies can consider a myriad of new uses, from warehouses to restaurants to schools. Older office buildings with high vacancies often suffer from lack of access to mass transportation or…
Read More06.27.2019
U.S. Economy Grew at Solid 3.1% Rate in First Quarter
The U.S. economy grew at a healthy 3.1% rate in the first three months of this year, but signs are mounting that growth has slowed sharply in the current quarter amid slower global growth and…
Read More06.27.2019
U.S. Is Heading to a Future of Zero Interest Rates Forever
Projections by the Congressional Budget Office show a steadily rising federal budget deficit for the next 30 years. (Bloomberg Opinion)—The Congressional Budget Office has just released its projections for the U.S. federal budget during the…
Read More06.27.2019
Hines Teams Up with Industrious, Convene for Flexible Workspaces
The firm is launching a new co-working and flexible office space business called Hines Squared. Hines, the real estate investment firm founded by billionaire Gerald Hines, is betting on increasing tenant demand for flexible workspaces.…
Read More06.26.2019
The Counselors of Real Estate Releases 2019-2020 Top Ten Issues Affecting Real Estate™
Infrastructure and Housing Lead 2019-2020 List The Counselors of Real Estate has identified the current and emerging issues expected to have the most significant impact on real estate, with U.S. infrastructure being the leading concern…
Read More06.26.2019
How Should Retail Leases Account for Omni-Channel Transactions?
Retailers’ omni-channel sales efforts pose a challenge for retail landlords on how to properly calculate rents. Retail landlords need to adapt to tenants increasingly employing omni-channel sales formats, according to industry insiders. “Many times, [landlords]…
Read More06.26.2019
Out with the Old: Embracing the Value of Evolved Retail Centers
How retail center owners can meet the evolving demands of today’s shoppers. Store closures are an all too common occurrence nowadays, with announcements hitting the news cycle on a semi-weekly basis. Mass closings by household…
Read More06.26.2019
The Evolution of the Urban Warehouse
Andrew Chung, the CEO of Innovo Property Group, knows industrial assets, and as with so much of real estate, he emphasizes location, location, location. Although today New York City is known for its thriving financial…
Read More06.25.2019
What’s Attracting High Net-Worth Investors to Value-Add Assets?
A recent survey by RealCrowd revealed that 80% of high net-worth investors are planning to invest in value-add real estate as part of wealth-management strategies. A recent survey revealed that 80% of respondents are planning…
Read More06.21.2019
NAR Joins HUD Opportunity Zone Meeting
On June 20 NAR participated in a Department of Housing and Urban Development (HUD) Policy Development & Research Stakeholder "HUDdle" on Qualified Opportunity Zones (QOZs). HUD Secretary Ben Carson, who is Chair of the White…
Read More06.19.2019
As the Number of Renovation Projects Rises, Older Properties Are Set to Challenge New Office Construction
The 1980s era office buildings have the greatest potential to draw back tenants from the newer office properties. Office buildings constructed in the 1980s are facing the biggest challenge from the newer properties coming on…
Read More06.18.2019
Catylist Unveils Commercial Exchange Integrated with Moody’s Analytics
The latest national CRE marketplace originally sources all of its listings as the search engine platform industry heats up. Commercial real estate technology provider Catylist recently announced the launch of Commercial Exchange—a national CRE marketplace…
Read More06.17.2019
Speed Bumps Ahead for Industrial Assets Don’t Diminish Investor Appetite
New research predicts a slight softening in demand for industrial space going forward. Slowing economic growth, trade wars and a pipeline that is delivering new supply to the market may force investors to adjust return…
Read More06.17.2019
Paid Sick Leave: PLEASE SHARE WITH YOUR COLLEAGUES, CUSTOMERS, AND CLIENTS
We must act now! We ask that you join us and encourage your customers, clients, and colleagues to be there as well. This will be the last opportunity to postpone the vote and allow our…
Read More06.17.2019
How Much Value Is There in Ground-Floor Retail Space at Student Housing Properties?
Student housing developers often struggle to fill retail spaces, though retail close to university campuses can thrive. Some student housing properties rent their retail spaces to national retailers like CVS or Target. But in other cases,…
Read More06.17.2019
Who Will Meet the Seniors Housing Needs of Middle-Income Boomers?
Seniors housing investors and developers must prepare to meet the future needs of aging middle-income boomers today. Baby boomers transformed society as they came of age—from free-thinking flower children to drivers of our economy. Now…
Read More06.05.2019
The Growing Competitiveness of the Coliving Market
Click here to view the slideshow. They used to be called group homes and were once an informal and for the most part uncounted part pf the multifamily market. Now called coliving, this niche is…
Read More06.04.2019
How Foreign Investors Can Deal with Higher Risks in a Down-turning Market
Foreign investors continue to be interested in U.S. assets. But they need to tread carefully. U.S.-based private equity funds have more than $300 billion waiting to invest in commercial real estate. That’s a lot of money…
Read More06.04.2019
How Foreign Investors Can Deal with Higher Risks in a Down-turning Market
Foreign investors continue to be interested in U.S. assets. But they need to tread carefully. U.S.-based private equity funds have more than $300 billion waiting to invest in commercial real estate. That’s a lot of money…
Read More06.04.2019
Apartment Building Owners Try to Grapple with Tougher Energy Use Requirements
New York City is the latest local government to require more energy conservation from apartment building owners and developers. New York property owners and developers and local officials are trying to understand what the city’s…
Read More06.03.2019
As Rent Growth Declines in the Self-Storage Sector, Developers Slow Down New Projects
In 2020, only 250 to 300 new facilities are expected to open, compared to up to 800 scheduled for this year. Rents have stopped rising at many self-storage properties, as managers struggle to compete with…
Read More06.03.2019
Industrial Demand Growth Finally Set to Slow
Industrial has been one asset class in the commercial real estate industry counted on for continued growth over the last several years. Supply, try as it might, has not been able to catch up with…
Read More06.01.2019
Recreational Marijuana Use in New Mexico Could Pass in 2020. Will Your Business Be Ready?
New Mexico lawmakers came very close to legalizing the recreational use of marijuana in 2019. Just four senators’ votes stood in the way. But that could change in 2020. Gov. Michelle Lujan Grisham is planning…
Read More06.01.2019
Setting Up an Investment Base Camp
How to build a model for the hold-versus-dispose decision. A real estate investor, after acquiring an asset, must constantly make decisions during its ownership cycle. Issues such as property management, tenancy, and capital expenditures require…
Read More06.01.2019
Natural Disasters, Human Response
Commercial real estate professionals discuss planning for, getting through, and recovering from major adverse events. The frequency of and costs related to natural disasters - including wildfires, hurricanes, tornados, and droughts - are increasing at…
Read More06.01.2019
From A to Z – When Considering E
With e-commerce revolutionizing supply chains, logistics infrastructure offers opportunities in industrial real estate. The disruptive shift to an e-commerce-fueled economy has created seemingly endless opportunity in industrial real estate. Companies across the board have a…
Read More06.01.2019
Changes in Store
Online retail has disrupted how and where people shop, but brick-and-mortar storefronts can thrive in the new digitized market. Retail is no longer just about what people buy - today the focus is also on…
Read More06.01.2019
Fitting Plans for the Future
Prepare for three new FASB standards for revenues, leases, and loan impairments. For many public companies, 2018 to 2020 may be the three most disruptive years in history for financial statements, while private companies have…
Read More06.01.2019
Small Cities, Big Demand
Tertiary markets lead the growth frontier for flexible workspace offerings. The buzz in the commercial real estate industry for the past 18 months has centered around the coworking space occupancy model. Coworking companies are leasing…
Read More06.01.2019
NM Businesses Brace for Mexico Tariffs
Companies across New Mexico and especially those on the border are bracing for a potentially “catastrophic” economic blow after President Donald Trump vowed to impose tariffs on all products from Mexico. The startling announcement came…
Read More05.31.2019
CARNM Achievement: 2019 4-Star Commercial Services Accreditation from NAR
The Commercial Association of REALTORS® New Mexico is happy to announce that it has achieved the 4-Star Commercial Services Accreditation from the National Association of REALTORS®, by meeting 53 of the benchmarks. We join an…
Read More05.31.2019
Healthcare Clinics Become Sought-After Tenants at Shopping Centers
Shopping centers seek out healthcare tenants for longer leases and daytime traffic. xpect to see more healthcare clinics in shopping centers, as landlords want to capture a piece of the growing healthcare industry to boost…
Read More05.31.2019
What the Future of PropTech Will Look Like
The next wave of proptech innovation will likely be aimed at modernizing aging buildings across major cities. As the way we work, live, and play consistently changes, developers are now focused on creating properties that…
Read More05.30.2019
SLIDESHOW: The Evolution of the Food Hall
Click here to view the slideshow. The food and beverage category continues to thrive in today’s retail climate. More and more consumers are dining out, which is increasing popularity among centers with sit-down and fast-casual…
Read More05.30.2019
RPR Expands Commercial Focus in 2019
Since 2012, RPR has offered REALTORS® an exclusive resource to support clients and customers in the commercial marketplace. In an industry of rapidly evolving technology and strong competition, RPR has consistently worked to improve its…
Read More05.29.2019
Coworking Concerns: The Office ‘In-Crowd’ In Doubt?
The coworking sector has put up big numbers, both good and bad, in this economic cycle. There is no question that the coworking industry has both impressed on the street and transformed the office sector.…
Read More05.29.2019
High Pricing, Few Available Assets Deter Industrial Investment Sales
In spite of strong demand from tenants, industrial investment sales have slowed down recently. Industrial vacancy ticked up in the first quarter of 2019 for the first time in nine years, to 5.0 percent, mostly…
Read More05.28.2019
10 Must Reads for the CRE Industry Today (May 28, 2019)
Mortgage REITs increased their mortgage bond portfolios by almost 28 percent over the past year, according to the Wall Street Journal. Amazon is looking at office space on Manhattan’s West Side, reports the New York…
Read More05.28.2019
Private Equity Real Estate Fund Managers Face Growing Pressure on Yields
With asset pricing at its peak and lower rent growth projections, many fund managers are projecting lower returns. Private equity real estate funds have been enjoying robust fundraising in recent years that has resulted in…
Read More05.23.2019
San Juan County Signs Grant Agreement for Future Film Studio
The San Juan County Commission and state officials have inked a grant agreement that will provide the county with $1 million to acquire property for, design, construct and equip a film studio. The county had…
Read More05.23.2019
Planning for Opportunity Zones Investments – 2019 REALTORS® Legislative Meetings
On May 17, 2019, at the REALTORS Legislative Meetings & Trade Expo, NAR hosted a discussion on planning for opportunity zone (OZs) investments. The focus of the discussion centered around the question of how the…
Read More05.21.2019
Long May You Run: An Essential Commercial Real Estate Tuneup
1Q19 Commercial Real Estate Insights Report Some songs manage to withstand the test of time. The iconic title track on the 1976 Stills-Young Band album “Long May You Run” is one such example. A tribute to Neil…
Read More
