03.29.2019
Get Up to Speed on O-Zones
A new tax incentive for investors could be a boon for sellers and struggling communities. But will affordability take a hit? When Daniel Zelonker, a South Florida broker who specializes in the sale of industrial…
Read More03.28.2019
Mayor Keller, Local Legislators Highlight Investments in Albuquerque Following the Session
Session produces vital investments for regions top needs. March 28, 2019 Today, Mayor Tim Keller came together with Albuquerque-area state legislators to highlight millions of dollars of investments in projects over the next several years,…
Read More03.26.2019
NAR: That's Who We R®
NAR has launched, That’s Who We R®, the new national ad campaign from the National Association of REALTORS®. The campaign showcases the passion and dedication you bring to your work, while telling the story of…
Read More03.25.2019
Residential Agents Can Hit Jackpot With Commercial Referrals
But synergy between the two sides is sorely lacking in the real estate industry, experts say. Residential real estate professionals may be leaving money on the table by neglecting to send referrals to commercial practitioners. But…
Read More03.22.2019
New Apartment Deliveries Increase Demand for Property Management
Apartment deliveries will increase 15% this year over 2018, and apartment property managers are preparing for the increased demand. New apartment deliveries are creating more demand for property management companies. Research from CBRE estimates that…
Read More03.21.2019
Ensuring Connectivity in Renovating Older Buildings
Renovations are less expensive than ground-up construction, but internet service provider Stealth Communications explains what’s needed for optimal connectivity. High speed internet connectivity with any business is crucial. Repositioning older properties, the value-add propositions cost…
Read More03.20.2019
March 2019 LIN Properties
At the March 2019 LIN Meeting held on March 20, 2019, 17 excellent properties were presented. Thank you for presenting properties and attending the meeting! Thank you to the Dave Hill CCIM who hosted City…
Read More03.20.2019
Opportunity Funds May Supercharge After-Tax Yields, But Risks Remain
It’s important that opportunity zone investments are fully vetted to identify risk factors, structured in ways that advance community development and quality of life, while providing an overall benefit to investors. A new type federally…
Read More03.19.2019
The Underappreciated Opportunity in Opportunity Zones
When approaching Opportunity Zones, the conventional view on the opportunities presented by the legislation appears that the tax benefits are overwhelming the underlying project analytics, but read on to learn some new suggestions. As a…
Read More03.18.2019
50th Anniversary of RPAC
The REALTOR® Party works hand-in-hand with the REALTORS® Political Action Committee (RPAC); however, RPAC is a voluntary program and provides the “hard” dollars the association uses to make direct contributions to national, state and local candidates.…
Read More03.15.2019
US Job Openings Rise, Outnumber the Unemployed by 1 Million
U.S. employers posted nearly 7.6 million open jobs in January, near a record high set in November, evidence that businesses are still hungry for workers despite signs the economy has slowed. The Labor Department said…
Read More03.15.2019
Skilled Nursing Care Occupancy Stabilizes After Years of Decline
The NIC reports that overall occupancy at skilled nursing facilities held firm at 82.4% at the end of the fourth quarter of 2018, which was virtually unchanged from the third quarter of 2018 and down…
Read More03.14.2019
March 2019 CCIM Deal Making Session Properties
Thanks to all of the brokers, sponsors, and guests who attended the March 2019 CCIM NM Deal Making Session and to those who shared the March 2019 CCIM NM Properties. Click here to view source PDF. Click here to…
Read More03.14.2019
The Weakening Link Between Cap Rates and Borrowing Costs
The reasons: institutional demand for commercial real estate is much stronger than in the past and there is a growing acceptance of using as less leverage to finance deals. The Federal Reserve’s recent shift in…
Read More03.11.2019
2019 IPOs Affecting Real Estate In Silicon Valley
Major brands including Uber, Lyft, Slack, Pinterest, and Airbnb are predicted to IPO this year which could result in new wealth, not only for cities where these companies are headquartered but surrounding cities as well.…
Read More03.08.2019
Renter Boom Has Property Managers Seeking an Edge
Knock focuses on building a CRM and analytics platform to minimize tenant turnover and maximize NOI in this competitive environment, and recently raised $10 million in Series A funding to fuel growth. With multifamily housing…
Read More03.08.2019
Heads Up, Real Estate World, Driverless Cars Are Coming
This disruptor should not catch the real estate industry by surprise says the CEO of the transportation information company TransitScreen in a GlobeSt.com interview. With BMW and the maker of the Mercedes-Benz joining forces to…
Read More03.07.2019
Realtors® Applaud Six-Year Reauthorization of Federal Terrorism Risk Insurance Program
WASHINGTON (January 8, 2015) – The following is a statement by National Association of Realtors® President Chris Polychron: “Realtors® applaud the U.S. House of Representatives and U.S. Senate for prioritizing the reauthorization of the federal…
Read More03.07.2019
When Your Smart Tech Needs a Boost
Sales technology is only as good as the data is has, but smart sales technology can make or break a deal. Sales technology is becoming integral to the closing a deal. It can answer a…
Read More03.07.2019
The 2019 Capital Issue
What a year 2018 was. And all signs point to another year of bounty for commercial real estate. What a year 2018 was. We experienced stomach-churning market volatility, tariff wars, several terrifying natural disasters and,…
Read More03.07.2019
Current Bills of Interest to Commercial Realtors
HB206 – THE ENVIRONMENTAL REVIEW ACT – OPPOSED BY NMAR (sponsored by Rep. Gail Chasey and Sen. Mimi Stewart) This controversial bill has major opposition from numerous business groups, including oil and gas and local…
Read More03.06.2019
Antitrust Class Action Filed Against Realtors Over Commissions
A group of recent home sellers filed a class action antitrust lawsuit against multiple realty agencies in federal court in Chicago Wednesday, alleging the agencies conspired to develop a commission scheme that significantly inflated the…
Read More03.03.2019
February 2019 Commercial Market Trends
View a New Mexico Market Trends Summary Report, which includes February 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 More03.03.2019
Support the Arena Development
An Arena Deal is Close: The new Downtown Milwaukee Arena is close to becoming a reality - but not a done deal. Owners along with Local and State officials have been diligently meeting to finalize…
Read More02.28.2019
US Growth is Likely to Slow from 2.6 pct. Pace Last Quarter
The U.S. economy turned in a solid performance in 2018, boosted in part by tax cuts and higher government spending. But growth slowed by year’s end, and most economists envision a weaker outlook for the…
Read More02.28.2019
Combatting Workforce Shrinkage
Industry experts discuss the dwindling talent pool. The talent pool for commercial real estate professionals is dwindling. How can the industry curb the tide and bring in more professionals, more diversity, and more young people?…
Read More02.28.2019
Keeping Your Hard Assets from Liquefying
Geotechnical and seismic assessments can help preserve structural integrity and avoid property damage. Risks are abundant and varied in the world of commercial real estate. Some are apparent at the onset of the transaction and…
Read More02.27.2019
How to Select a Project Manager, Improve Your Organization’s Bottom Line
Beyond rent considerations, companies often overlook the fact that they can realize even more significant savings—sometimes more than $1 million—if they think strategically and adopt a “project-centric” rather than a “transaction-centric” approach. As corporate America…
Read More02.26.2019
CRE Demand Maintains Its Steady Path
A NAREIT report shows that markets have kept their momentum through 2018 and into 2019. A voracious appetite for commercial real estate demonstrates no signs of lessening as demand exceeded supply growth for retail, apartments…
Read More02.25.2019
Clearing Up Confusion with Opportunity Zone Investments
A recent IRS public hearing shined a light on some of the program’s murkier areas and Withers LLP tax lawyer James R. Brockway tells GlobeSt.com where he thinks the law will be clarified. The opportunity…
Read More02.21.2019
February 2019 LIN Properties
At the February 2019 LIN Meeting held on February 20, 2019, 9 excellent properties were presented. Thank you for presenting properties and attending the meeting! Thank you to the Sunport who hosted Aviation Center of…
Read More02.07.2019
CARW Wins ACE Award
CARW recently received the ACE Award – Accredited Commercial Excellence - from theNational Association of REALTORS® Commercial Division. CARW was 1 of 6 boards out of 200 across the country selected for this honor. Read…
Read More02.06.2019
February 2019 CCIM Deal Making Session Properties
Thanks to all of the brokers, sponsors, and guests who attended the February 2019 CCIM NM Deal Making Session and to those who shared the February 2019 CCIM NM Properties. Over 6 million dollars of…
Read More02.04.2019
January 2019 Commercial Market Trends
View a New Mexico Market Trends Summary Report, which includes January 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 More02.02.2019
Background: Qualified Opportunity Zones
What are they? Congress created the federal Qualified Opportunity Zone (“QOZ”) program in the 2017 “Tax Cuts and Jobs Act” to encourage economic growth in underserved communities through tax benefits to investors. U.S. states and…
Read More02.02.2019
As the World Turns: RPR Commercial Keeps Getting Better
The end of the year is a time to reflect and think back on things from 2018 that grabbed our attention and made headlines. From crashing crypto currencies, to the scooter crisis polluting our city…
Read More02.02.2019
Commercial Real Estate Finance Disruption: Déjà Vu or Something New?
4Q18 Commercial Real Estate Insights Report It's official: WeWork is New York's largest office tenant. The coworking giant's Manhattan portfolio now includes 50 locations totaling 5.3 million square feet -- in addition to its ever-growing…
Read More02.01.2019
Retail-to-Industrial Conversions Are Gaining Traction with CRE Investors
Vacant big-box stores in secondary markets are particularly attractive targets for industrial conversions, recent studies find. With e-commerce and reverse logistics continuously increasing the need for industrial space, investors focused on other property types are shifting…
Read More01.29.2019
Energy-Efficient Buildings Are Central to Modernizing U.S. Infrastructure
If roads, bridges, and phone and transmission lines are the veins of American infrastructure, buildings are the heart. Whether residential or commercially owned, the buildings that serve as places of work and living in the…
Read More01.28.2019
Struggling malls will have a hard time adjusting to more Sears vacancies
The department store sector shrank by about 13% in 2018 and is poised to shrink further Sears Holdings Corp.’s plan to shutter more stores will hurt struggling lower-tier regional malls most, according to the latest…
Read More01.28.2019
Oil Boom Could Mean $300M to $400M for Roads
New Mexico’s oil boom could mean big bucks for statewide road projects. Both Gov. Michelle Lujan Grisham and a key legislative committee have proposed using a hefty chunk of the state’s current budget surplus –…
Read More01.25.2019
Where is the Future CRE Talent Pool?
Many real estate companies today don’t recognize that today’s millennials and generation Zers have different expectations and aspirations, and work/life balance priorities than prior generations. The booming CRE industry during the last five years has…
Read More01.24.2019
Are Offices With Flex Space More Valuable?
A new study shows that buildings with flexible office space achieve higher values than those without. Office buildings with flexible space options could hold a higher value. A new report from CBRE looks at recent office transactions,…
Read More01.24.2019
CARW ANNOUNCES 2015 NEW BOARD OF DIRECTORS
Milwaukee, WI (October 10, 2014) - CARW (Commercial Association of REALTORS ® Wisconsin), the voice of commercial real estate in Wisconsin, is pleased to announce the organization’s 2015 Board of Directors. The Board of Directors…
Read More01.24.2019
January 2019 LIN Properties
At the January 2019 LIN Meeting held on January 23, 2019, 7 excellent properties were presented and welcomed guest speaker and NAR tax expert, Evan Liddiard. Thank you for presenting properties and attending the meeting!…
Read More01.23.2019
The Voice for Real Estate 94: Shutdown Rental Income, Committees
NAR looks at new IRS guidance on applying rental income to the new 20 percent business income deduction, makes efforts on Rural Housing Service loan processing, which has been stalled since the federal government shutdown.…
Read More01.22.2019
Poll: CRE Professionals Expect More Momentum in 2019
Berkadia’s new poll reveals focus on interest rates, GSE lending and the ever-growing use of technology. Interest rate hikes, GSE lending confidence and adapting new technologies are all on the forefront this year as commercial…
Read More01.17.2019
Multifamily Appears Most Popular For Opportunity Zone Investments
“The Opportunity Zone program appears to be attracting significant amounts of capital, and many investors we have spoken to have mentioned multifamily as perhaps the best property segment for investment under the program." The Opportunity…
Read More01.17.2019
Vacant Retail Now Fodder for Self-Storage Supply
1784 Capital Holdings is repurposing a vacant restaurant into self storage in Scottsdale, where demand for self storage is growing. Multifamily activity has driven growth in the self-storage market, particularly in dense urban markets. Phoenix,…
Read More01.16.2019
Why Sustainable Design Will Dominate in 2019
More and more developers are requesting sustainable design and looking for ways to implement sustainable features into properties. 2019 will be the year for sustainable design. According to designer Ameen Ayoub of Ameen Ayoub Design Studio, more and…
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