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Commercial Association of REALTORS® - CARNM New Mexico

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08.09.2018

REALTORS® Score Big Win on Business Income Deduction

The IRS on Wednesday published proposed rules on the 20 percent business income deduction that was created as part of last year’s tax reform law. The rules are a win for real estate because they…

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08.08.2018

Adaptive Reuse Becomes Key Product Category

In this EXCLUSIVE, CCIM’s Conway discusses assessing communities’ needs for reuse especially in areas with land scarcity in conjunction with his report, “Adaptive Reuse: Turning Blight into Bright”. As the industry remains uncertain about how…

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08.06.2018

Industrial a Top Choice for Foreign Buyers

Years of investment activity means that available supply is low, and cities like Columbus and Memphis are seeing benefits. The growth in e-commerce and reconstruction of many corporate supply chains have made industrial properties one…

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08.06.2018

A Fresh Direction: Inside ABQ’s Economic Development Plan

On July 20, at a press conference held at the under-development Glorieta Station site Downtown, Albuquerque Mayor Tim Keller presented his plan to develop the city’s economy. The plan comprises six areas of focus –…

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08.03.2018

Market Value in Use is Not an Oxymoron

Special-purpose properties present some unique valuation challenges. For property tax assessments, in condemnation proceedings and even in mortgage lending, debates regarding the proper basis of a value opinion are common. A special-purpose property is, “A…

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08.02.2018

Commercial Real Estate International Business Trends

Download (PDF: 982.92 KB) | News Release In contrast to the large cap commercial market transactions reported by RCA (aggregated at $10 million and above), most REALTORS® who specialize in commercial real estate managed investment deals averaging…

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08.02.2018

August 2018 CCIM Deal Making Session Properties

Thanks to all of the brokers, sponsors, and guests who attended the August 2018 CCIM NM Deal Making Session & Forum and to those who shared the August 2018 CCIM NM Properties. Over 10 million…

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08.01.2018

July 2018 Commercial Market Trends

View a New Mexico Market Trends Summary Report, which includes July 2018 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…

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08.01.2018

Voice for Real Estate 88: Flood, Agents, Commercial, iOi

Flood insurance is extended. Lots of opportunities in commercial investment in smaller markets. Home sales slow as inventories remain a problem. More agents are in the business. Fewer international investors are buying U.S. homes. The…

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07.31.2018

NAR Applauds Senate Passage of Flood Insurance Extension

NAR President Elizabeth Mendenhall released the following statement after today’s U.S. Senate vote on legislation extending flood insurance funding. The bill, which cleared the House last week, is expected to be signed into law by…

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07.30.2018

2018 Intersections: Commercial RE Event of the Year!

PLEASE JOIN US FOR THE COMMERCIAL REAL ESTATE EVENT OF THE YEAR! One Place – One Day! Connecting Inspiration, Ingenuity & Commercial Real Estate. Where real estate gets real. Make friends and expand your connections, all…

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07.22.2018

Top 5 Data Needs for Researching Commercial Properties

Here are the top five areas in RPR Commercial used by Commercial Practitioners to help bring clients to the closing table. 1. Property Details RPR Commercial makes it easy to assess every property’s potential by aggregating public records…

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07.22.2018

'Recharge Rooms' Are the Next Trend Your Employees Need in the Office

The dramatic shift in office design in the last decade has seen many iterations--open offices, biophilic design, water features, dedicated task areas, and more. The purpose of all of it is to improve the working lives of…

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07.20.2018

Keller Unveils Strategy for Economic Development

Mayor Tim Keller on Friday unveiled his administration’s economic development strategy, which includes a local initiative similar to the state’s Job Training Incentive Program. At an event held at the Glorieta Station development downtown, Keller…

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07.17.2018

One More Dance With Mary Jane

NEW POT LAWS MAKE MARKETS GROW LIKE ‘WEEDS’ – FOR A WHILE hen states like Colorado first began legalizing the medical, and even recreational, use of marijuana, many predicted a huge bonus in sales tax…

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07.17.2018

Batten Down The Hatches: How Natural Disasters Are Impacting U.S. Commercial Real Estate

Last year, the United States experienced 16 weather- and climate-related disasters totaling over $1 billion each in losses, from hurricanes ripping through the Southeast to wildfires in the West. Damages totaled over $306 billion—a new…

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07.17.2018

Infographic: Investment & Vacation Home Buyers 2018

Download (PNG 5.38 MB) 72% of vacation property owners and 71% of investment property owners believe now is a good time to buy. By: NAR Click here to view source article.

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07.16.2018

US Bankers Warn on Commercial Property Risks

Editor's note: This story is available as a result of a content partnership with the Financial Times. Subscribers will see stories like this every day on our website (and in our daily emails) as an…

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07.16.2018

Albuquerque Business-For-Sale Market is Improving, But Still Lags the Nation

A growing number of baby boomers exiting their businesses and improving business financials are fueling record national small business sales, according to BizBuySell. A total of 5,383 businesses were reported sold in the first two quarters…

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07.16.2018

Mixed-Use Boom in Albuquerque

Mixed-use properties are becoming the go-to opportunity for many developers and investors in and around Downtown Albuquerque. Many Albuquerque developers either have mixed-use projects that are opening soon, rising on construction sites or teeing up.…

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07.11.2018

July 2018 CCIM Deal Making Session Properties

Thanks to all of the brokers, sponsors, and guests who attended the July 2018 CCIM NM Deal Making Session & Forum and to those who shared the July 2018 CCIM NM Properties. Over 6 million…

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07.10.2018

Commercial Real Estate International Business Trends

Download (PDF: 982.92 KB) | News Release In contrast to the large cap commercial market transactions reported by RCA (aggregated at $10 million and above), most REALTORS® who specialize in commercial real estate managed investment deals averaging…

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07.09.2018

Is Workforce Housing a Dying Breed in Today’s Multifamily Development Landscape?

There is a major void in the workforce housing space: one that is impacting millions of Americans each year. The traditional image of a renter household has undergone some changes over the last 10 years. Renter…

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07.09.2018

Clint Eastwood’s ‘The Mule’ to Film in Las Cruces

New Mexico will soon have some Hollywood heavy hitters – and it’s all happening in Las Cruces. According to the New Mexico Film Office, Oscar winner Clint Eastwood’s latest project, “The Mule,” will film in…

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07.09.2018

Two Manufacturing Projects Promise More Than 150 New Jobs

On Monday, officials and community leaders celebrated two economic development projects focused on the manufacturing sector that are expected to bring more than 150 jobs to the area in coming years. In the South Valley,…

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07.06.2018

Project to Drill for Oil Under Carlsbad Moves Forward, No Time Set for Drilling

A project to extract oil from underneath Carlsbad is moving beyond the acquisition of the needed mineral rights as a timeline for drilling to begin is being developed. Artesia-based Santo Petroleum was approved by the…

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07.05.2018

Which Alternative Property Sectors Hold the Most Promise for Investors?

In a Q&A with NREI, Marc Halle, head of global real estate securities at PGIM Real Estate, offers his outlook on the manufactured housing, self-storage and industrial sectors. In the first quarter of 2018, the…

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07.02.2018

How New Mexico Ranks as a Place to Start a Business

  The odds for startups to succeed are rough. A fifth don't survive past their first year in business, and almost half don't make it to five years in business, according to U.S. Bureau of Labor…

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07.02.2018

June 2018 Commercial Market Trends

View a New Mexico Market Trends Summary Report, which includes June 2018 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…

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07.02.2018

Editorial: City Right to Green Light Red Tags on Neglected Sites

A handful of Albuquerque property owners who have allowed their vacant commercial properties to deteriorate into eyesores received a wake-up call and a warning to clean up their neglected buildings within the next two months…

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07.02.2018

Commercial Drones Taking Off

Starting this summer, solar-powered drones from New Mexico will soar above raging wildland blazes to offer a critical eye in the sky to firefighters battling flames below. The drones, made by Albuquerque-based Silent Falcon UAS…

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07.01.2018

CARW Selects Tracy Johnson as New President/CEO

CARW is pleased to announce the selection of Tracy Johnson as the new CARW President & CEO; Tracy will start her new post May 12, 2014.  Previously Tracy served as the Executive Director of TEMPO…

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06.29.2018

Foreign Buyers, Sellers Play Growing Role In US CRE

The top countries of origin for buyers were China, Mexico, Canada and the United Kingdom. International buyers and sellers are making their presence increasingly known in the US commercial real estate market, according to the National…

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06.28.2018

2014 Q4 Commercial Real Estate Market Report

The REALTORS® Commercial Real Estate Market Trends measures quarterly activity in the commercial real estate markets, as reported in a national survey. The survey collects data from REALTORS® engaged in commercial real estate transactions The survey…

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06.28.2018

TAKE ACTION: Urge Congress to extend the National Flood Program

Help CARNM meet the 20% participation goal - Act Now! Existing homeowners as well as commercial entities may find their largest asset unprotected when the National Flood Program (NFIP) policies expire on July 31. The National Flood…

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06.28.2018

Santa Fe Art House Cinema to Continue Operation

The Center for Contemporary Arts has stepped in to revive The Screen art-house cinema through a newly-formed partnership with city government. The Screen, which for 20 years operated on the city-owned college campus most recently…

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06.28.2018

Good Signs For ABQ Metro Economy

The metro area is on a roll. Unemployment in the Albuquerque metro area has dropped to 4.2 percent, the number of jobs is growing to nearly the pre-recession peak and the city’s gross-receipts tax collections…

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06.28.2018

Foreign Investment in U.S. Commercial Real Estate Remains Strong, China and Mexico Top Investors

Nearly one-fifth of Realtors® practicing in commercial real estate closed a sale with an international client in 2017, and 35 percent said they have experienced an increase in the number of international clients in the…

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06.27.2018

The Amenities Tenants Really Want

Today’s tenants and occupants expect more from their workplace. It’s not just about a desk and a chair anymore, and the evolution of what tenants need and want puts more pressure on building owners and facilities…

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06.27.2018

Union Ruling Could Affect Thousands of NM Workers

A U.S. Supreme Court ruling early Wednesday that struck down the practice of public sector labor unions collecting mandatory fees from non-union workers in work sites covered by collective bargaining agreements reverberated across New Mexico.…

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06.26.2018

All About Auctions

Real estate auctions add a jolt of excitement to selling land. The energy! The adrenaline! The thrill of watching the clock tick down! Not only are auctions fun, it’s a great way to sell lots…

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06.26.2018

Summer 2018 SIOR Report

SIOR’s dynamic quarterly magazine addresses the concerns of industrial and office real estate practitioners. Articles by industry experts focus on topics from the evolving paradigm in commercial real estate brokerage to effectively managing offices and…

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06.26.2018

The Voice for Real Estate 87: GSEs, AHPs, Flood, Internet Taxes

Big win for real estate as Dept. of Labor issues rule allowing independent contractors to participate in association health plans. Supreme Court rules in favor of brick-and-mortar businesses over online retailers in Internet tax fairness…

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06.26.2018

The Voice for Real Estate 87: GSEs, AHPs, Flood, Internet Taxes

Big win for real estate as Dept. of Labor issues rule allowing independent contractors to participate in association health plans. Supreme Court rules in favor of brick-and-mortar businesses over online retailers in Internet tax fairness…

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06.25.2018

REALTOR.com to Provide Comprehensive Commercial Listings

Realtor.com and Xceligent have announced a strategic agreement to launch enhanced commercial search functionality on REALTOR.com the official website of the National Association of REALTORS.

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06.22.2018

ABQ a Top 10 On ‘Most Affordable’ List

Albuquerque is a “top 10 affordable travel destination” in the U.S., according to SmartAsset.com. The financial ranked Albuquerque No. 5 behind Orlando, Fla., Las Vegas, Nev., Fort Lauderdale, Fla. and Reno, Nev. and just ahead of…

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06.21.2018

Breaking News: Win for Internet Sales Tax Fairness

In a win for commercial real estate, the U.S. Supreme Court announced a ruling today that states should be able to require online sellers to collect and remit sales tax on purchases. The National Association…

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06.20.2018

June 2018 LIN Properties

At the June 2018 LIN Meeting held on June 20, 2018, 11 excellent properties were presented. Thank you for presenting properties and attending the meeting! Thank you to Bruce Marvick who hosted 2340 Alamo Ave.…

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06.19.2018

Presentation: Politics, Economics, and U.S. Commercial Real Estate

These presentation slides are from Richard Barkham’s talk, “Politics, Economics, and U.S. Commercial Real Estate,” at the Commercial Economic Issues and Trends Forum at the REALTORS® Legislative Meetings & Trade Expo in Washington, DC, on…

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06.19.2018

Realtors® Say Commercial Market on the Upswing, Construction Activity Sluggish

A strengthening economy and job growth nearing historic levels have given Realtors® confidence in future commercial real estate market conditions, according to speakers at a commercial real estate forum during the 2018 REALTORS® Legislative Meetings &…

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