06.18.2018
ABQ Pay About 8 Percent Below National Average
Jobs in the Albuquerque metropolitan area pay about 8 percent less per hour than the national average, according to newly released figures from the U.S. Bureau of Labor Statistics. The data shows the average wage…
Read More06.14.2018
Top 10 Threats to Real Estate in 2019
Rising interest rates and the economy are the top two current issues to watch in real estate, according to the Counselors of Real Estate’s Top Ten Issues Affecting Real Estate 2018-2019, a list of the…
Read More06.12.2018
Clearer Basel Capital Standards for Banks and Thrifts
On May 24, the President signed into law S. 2155, the "Economic Growth, Regulatory Relief, and Consumer Protection Act.” Among other provisions, it includes language clarifying implementation of Basel III "High Volatility Commercial Real Estate"…
Read More06.08.2018
6 Steps to Successful Multifamily Property Renovation
Who says a tight labor market and high material costs have to stand in your way? In many respects, the decision to renovate an apartment community has never been easier. The boom of new, market-rate…
Read More06.06.2018
ABQ Ranked No. 3 Among Best Small Cities
Albuquerque scored a No. 3 spot on a new ranking of America’s 50 best small cities. Resonance, a British Columbia-based tourism, real estate and economic development consultant, gave Albuquerque its top ranking for “product,” a…
Read More06.06.2018
Bricks Vs Clicks? It’s Not ‘Us Against Them’
Transwestern’s Nick Hernandez says it’s time to stop the “us-against-them” mentality many retailers feel toward e-commerce. Adapt or die. It’s time to get over it, says Nick Hernandez. He’s managing director of Transwestern’s national retail services. And…
Read More06.06.2018
Competition For Self-Storage Deals Drives Innovation
PHOENIX—Last month Denise Nunez with NAI Horizon – the NAI Global office in Phoenix, AZ, represented the buyer and seller of a $10.8 million, 107,130-square-foot… Last month Denise Nunez with NAI Horizon – the NAI…
Read More06.06.2018
Top 6 Commercial Real Estate Trends
Amid widespread optimism about the strength of US commercial real estate, a recent Akerman report identified top trends among executives, and said that taxes and technology are major elements that will define the CRE trajectory…
Read More06.06.2018
June 2018 CCIM Deal Making Session Properties
Thanks to all of the brokers, sponsors, and guests who attended the June 2018 CCIM NM Deal Making Session & Forum and to those who shared the June 2018 CCIM NM Properties. Over 6 million…
Read More06.06.2018
Online Auctions: How Internet & Technology Are Changing Auctions
When you think of auctions, do you think of using the internet? Hopefully, by the time you are done reading this article you will have a better understanding of how the internet and technology is…
Read More06.04.2018
The Retail Strategy Switches
In this day of experiential retail, the draw of the shopping center is no longer the store itself. Consumers are coming, but not necessarily just to shop. Arguably, nowhere is the overworked phrase “retail experience”…
Read More06.04.2018
Business Economists Worry About Possible Recession in 2020
A group of top business economists believes the major tax cuts President Donald Trump pushed through Congress will give a significant boost to economic growth this year and next year. But they worry that by…
Read More06.04.2018
Medical Real Estate Booming Along
Shifting demographics, an aging population and an increasing need for medical services are driving significant activity in the Albuquerque health care office sector. Some current and future projects include a large hospital system investing in…
Read More06.01.2018
Economic Growth Gap
Fewer immigrants disproportionately affect commercial real estate and related industries. Several economists specializing in the commercial real estate industry worry that if proposals to limit immigrants to the U.S. are enacted, they will affect economic…
Read More06.01.2018
May 2018 Commercial Market Trends
View a New Mexico Market Trends Summary Report, which includes May 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…
Read More06.01.2018
Keeping Rents Affordable After Upgrading
Investors benefit by keeping rents affordable following renovations. Sponsored by Freddie Mac Historically, multifamily investors would purchase an older property and completely renovate it — bringing it up to Class A standards. And, of course,…
Read More06.01.2018
Window to the Law: Creating a Cybersecurity Program
Watch video here. Brokerages can learn about the steps to follow when implementing a cybersecurity plan to help to protect the firm’s assets from outside threats. Download the slide presentation. By: NAR Click here to view source…
Read More05.24.2018
LIN Roundtable Results – April 2018
On April 18, 2018 roundtable questions were distributed at the Leasing Information Network for the three market segments discussed: Industrial, Office, and Retail. View Results.
Read More05.24.2018
May 2018 LIN Properties
At the May 2018 LIN Meeting held on May 16, 2018, 16 excellent properties were presented. Thank you for presenting properties and attending the meeting! Thank you to Kelly Tero and Walt Arnold who hosted…
Read More05.24.2018
Five Ways the Retail Fitness Industry Might Look Different in the Future
Growth in the next five to 10 years may look a bit different than what we’ve witnessed in the last decade. There are more than 36,000 health clubs, gyms and fitness centers in the U.S.,…
Read More05.18.2018
Protect Your Devices Over Public Wi-Fi
You likely conduct a lot of business from your phone, but when using public Wi-Fi, you may be putting your and your clients’ personal information at risk. As Michael Gargiulo, CEO at VPN.com, notes at…
Read More05.15.2018
Is Industrial Rising To The Top Of The CRE Food Chain?
Real Capital Markets, which just reached a $1 trillion milestone, is seeing a surge in the volume of its industrial deals. Real Capital Markets is seeing a surge in its industrial deal volumes, thanks to what…
Read More05.14.2018
Tax Wins for Commercial Real Estate
NAR Senior Policy Representative for Federal Taxation Evan Liddiard and NAR Senior Policy Representative for Commercial Erin Stackley walk through six big wins for commercial members contained in The Tax Cuts and Jobs Act enacted…
Read More05.11.2018
SIOR and The Industrial Asset Management Council (IAMC) Release Whitepaper Exploring Massive Changes in the Distribution Industry.
As part of DesignFlex2030, initiated by the Industrial Asset Management Council (IAMC) and the Society of Industrial and Office Realtors (SIOR), with funding from the SIOR Foundation, a top-notch team of architects and engineers set…
Read More05.11.2018
Reducing Vacancies In Multifamily Rentals
“With vacancies, whether it’s a 500-unit complex or just one small one, it's the same issue,” Tenant Alert founder Jeff Cronrod tells GlobeSt.com. “You're losing money as a landlord." Jeff Cronrod founded the American Apartment…
Read More05.10.2018
3 Reasons CRE Teams Should Be Managing Deals In The Cloud
Commercial real estate has grown into a multi-trillion-dollar industry, largely without the benefit of purpose-built software or other tools designed to address its specific pain points. Today, however, its major players are steadily converting to…
Read More05.10.2018
Meet the People Whose Job is Jobs
In March, New Mexico’s unemployment rate fell to 5.6 percent, down from 6 percent at the start of the year. That indicates the state is making strides toward bridging the gap between the jobs employers…
Read More05.08.2018
Women in CRE Face Pay Disparity, Fewer Promotions
In part two of our coverage of women in the commercial real estate industry, we look at how much discrimination female professionals face. This is part two of NREI's two-part study on the prevalence of…
Read More05.08.2018
May 2018 CCIM Deal Making Session Properties
Thanks to all of the brokers, sponsors, and guests who attended the May 2018 CCIM NM Deal Making Session & Forum and to those who shared the May 2018 CCIM NM Properties. Over 10 million…
Read More05.07.2018
Sendero to Invest $750M in New Mexico Oil Patch
Sendero Midstream Partners LP will invest $750 million in four new natural gas gathering and processing plants in southeast New Mexico over the next five years. The company announced its plans Monday morning during inauguration…
Read More05.07.2018
Integrated Development Ordinance (IDO) Update – Effective 5/17!
City Council Hearing City Council will hear proposed amendments to the Integrated Development Ordinance (IDO) for residential garage standards and the Sawmill Character Protection Overlay. Council will also consider a new Resolution for the follow-up…
Read More05.06.2018
Intel Announces Support For Water Conservation Work
Intel has announced it will work with several nonprofits in northern New Mexico to help with water conservation in the Rio Grande watershed. Linda Qian, Intel communication and media relations manager, said the company returns…
Read More05.04.2018
2nd-Longest US Expansion on Record Keeps Churning Out Jobs
The U.S. economy has delivered steady if only modest gains for most Americans since the Great Recession ended in 2009. It’s been a frustration for many. Yet the very sluggishness of the economic expansion helps…
Read More05.04.2018
Bill Seeks to Elevate White Sands to National Park Status
A vast expanse of shifting white sand dunes in southern New Mexico would be elevated from a national monument to a national park under legislation proposed Friday by one of the state’s senators. U.S. Sen.…
Read More05.03.2018
April 2018 Commercial Market Trends
View a New Mexico Market Trends Summary Report, which includes April 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…
Read More05.02.2018
Commercial Real Estate Legislative Priorities – 1031, Basel III, Lease Accounting, Marketplace Fairness
1031 LIKE KIND EXCHANGES: During 2013 and 2014, tax reform proposals in both the House and Senate would have repealed Section 1031. The President’s budget proposal for Fiscal Year 2015 contained limits on the deferral…
Read More05.01.2018
Diversity And Survival In Commercial Real Estate
Diversity in commercial real estate, whether it be at the company or association level, is increasingly being recognized for what it is: A matter of survival. The good news is that, in both arenas there…
Read More05.01.2018
The Tax Cuts And Jobs Act And Commercial Real Estate
In December, Congress passed H.R. 1, the Tax Cuts and Jobs Act, which President Trump signed into law. This legislation makes broad changes to the U.S. tax code, including doubling the standard deduction, and permanently…
Read More05.01.2018
CRE On High Alert
THE IMPACT OF TERROR ATTACKS ECHOES THROUGHOUT REAL ESTATE MARKET Although it’s been more than 16 years since the terrorist attack on the World Trade Center, reminders of the lessons it has taught real estate…
Read More05.01.2018
Is A Downturn Coming?
Real estate cycles seem to churn about every 10 years, which means the current upward momentum could be ready for a downward turn. Most brokers believe the market still has legs – at least through…
Read More05.01.2018
The Retail Shift
Marketing retail space is hardly the first thing one thinks about when considering SIOR services, but marketing re-used retail space? Well, that’s another thing entirely. And in today’s real estate market, there’s plenty of that to go…
Read More04.30.2018
Voice for Real Estate 85: GDPR, AMCs, Midyear Mtgs, Infrastructure
Brokers and associations face changes to their websites and other data collection activities as a European Union rule to protect privacy takes effect. AMC-ordered appraisals don't overvalue property at a higher rate than appraisals ordered…
Read More04.27.2018
Wireways: Wrangle Office Cables for Safety and Aesthetics
Each new piece of technology in your space adds at least one cable or cord. Even wireless options often need to plug in to recharge. Electrical cord organizers can help alleviate many issues associated with…
Read More04.27.2018
Lots of New Supply Is Leading to More Concessions in the Office Sector
Competition for tenants in markets with an oversupply problem is pushing concessions higher, according to real estate services firm JLL. With new office construction currently topping 100 million sq. ft., the office market is beginning to…
Read More04.26.2018
How Property Managers Drive Real Value
With the increase in supply for multifamily product, property managers are finding unique ways to curb competition at the property level to drive value for owners. Multifamily product is in high demand, but with ample…
Read More04.26.2018
Mindspace Enters US With New Twist To The Co-Working Model
“Occupancy costs with us will be cheaper than any traditional lease that they might sign.” Mindspace is a co-working startup headquartered here that has expanded through Europe and now has its sights set on the US.…
Read More04.24.2018
Are You Ready for Office Buildings With Alexa-Like Personalities?
USC's Dr. Burcin Becerik-Gerber wants to make buildings smarter and more efficient, which could mean offices with distinct 'personalities' like Alexa or Siri. Imagine having a place that welcomes you back from the daily grind.…
Read More04.23.2018
The Challenge of Achieving the Perfect Landscape in Multifamily
Well before weeds first germinate, the battle for control of turfs across multifamily communities begins. It used to be that a couple of good shots of weed killer earned the upper hand pretty quickly for…
Read More04.23.2018
Investors See Returns in Healthy Buildings
Real estate investors know that healthy buildings are a good thing, but an increasing amount of evidence is emerging to show that they are also good business. While it remains hard for investors to see…
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