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Commercial Association of REALTORS® - CARNM New Mexico

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03.05.2018

SCOTUS: Feds can intervene in case pitting Texas against NM

CORRECTION: A headline in Tuesday’s Journal incorrectly said the Supreme Court sent a New Mexico water case to arbitration. The court remanded the case to a so-called “special master” who will oversee ongoing arguments in…

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03.05.2018

February 2018 Commercial Market Trends

View a New Mexico Market Trends Summary Report, which includes February 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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03.05.2018

Same-Day Shopping Service Instacart Expands to Santa Fe

Santa Feans looking to skip a trip to the grocery store have a new option. The nationwide same-day shopping service Instacart recently announced it is enabling Santa Fe-area residents to order items online and have…

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03.03.2018

Las Cruces to Consider Film Incentives; Sets Arrive at New Studio

The vision of Las Cruces as a destination for movie and TV productions is coming into focus. During a work session on Feb. 26, the Las Cruces City Council heard a plan that would see the city…

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03.02.2018

Unique Developer Breaks Ground, Following Westside Retail Spurt

Over the past few months, Albuquerque's Westside has seen a spurt of retail development. And that spurt has encouraged a new project from a unique developer. Acoma Business Holdings broke ground in late February on…

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02.28.2018

Are Cell Tower Leases in Your Sight?

Cellular carriers are quietly rolling out a fifth-generation network that will boost internet speeds, ensure seamless coverage for artificial intelligence and self-driving cars, and create opportunities and complexities for commercial real estate practitioners. G-Force Speeds…

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02.28.2018

Voice for Real Estate 82: Sales, IRS, ADA, Professionalism

The latest Voice for Real Estate shares remarks about the Commitment to Excellence program from the recent NAR Leadership Live event in New York City. The program is a voluntary self-assessment for your members that…

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02.27.2018

Commercial Issues & Actions

This issue brief highlights NAR's commercial real estate top priorities. View the issue brief (link is external). This summary whitepaper reviews NAR’s most recent advocacy efforts around regulations and legislation affecting the commercial real estate industry. Download the…

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02.27.2018

Again The Fed Says CRE Valuations Are Inflated

High valuations have also created a gap between buyer and seller expectations on pricing. The Federal Reserve has said on a number of occasions that asset valuations, including in the commercial real estate sector, are…

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02.23.2018

Dos and Don’ts of Screening Tenants Legally

Property managers can use these eight recommendations to keep discrimination lawsuits at bay. In October, a Massachusetts landlord who refused to rent to pregnant women or families with minor children was found guilty of violating the federal…

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02.22.2018

February 2018 LIN Properties

At the February 2018 LIN Meeting held on February 21, 2018, 25 excellent properties were presented. Thank you for presenting properties and attending the meeting! Thank you to Glenn Wright who hosted 1550 Tramway Blvd…

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02.15.2018

Cryptocurrency Made for Real Estate to Debut

Make way for a new cryptocurrency: Property Coin is being touted as the first real estate-backed digital currency. Aperture Real Estate Ventures, a Los Angeles–based real estate technology and investment firm, plans to launch the…

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02.15.2018

ADA Reform Bill Passes House

On Thursday, February 15, the House of Representatives voted to pass HR 620, the ADA Education and Reform Act, by a vote of 225-192.  This bipartisan legislation, sponsored by Rep. Poe (R-TX), adds a "notice-and-cure"…

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02.15.2018

RANM at the Roundhouse: Legislative Update February 15, 2018

Legislative Update February 15, 2018 Legislature Passes $6.3 Million Budget, Crime Bills, Capital Projects From Connie Hettinga, 2018 RANM President and Tim MacEachen, 2018 RANM Legislative Committee Chair With the approval of a bi-partisan budget,…

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02.13.2018

Ready. Aim. Fire! Strategic Planning for Your Land Real Estate Business

Last January, I hosted a group of clients for a duck hunt on the Texas coast. Huge groups of redheads flock together during the late season, and when they commit to the decoys, the hunter…

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02.13.2018

Voice for Real Estate 81: Stock Swings, RESPA, Water, Budget

The latest Voice for Real Estate video looks at recent stock volatility, a victory on marketing service agreements, why a Supreme Court ruling on environmental reviews of water bodies is important, and what’s in the…

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02.12.2018

Mall Makeovers Turn the Corner

Too many of the nation’s malls have been flailing for years, but there now appears to be consensus in the development sphere that the best way forward is to transform many of them into major…

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02.12.2018

Retail Sector Contends with Shifting Consumer Spending

Employment Gains Boost Income The economy continued to grow at a solid annual rate of 3.0 percent in the third quarter of 2017, sustaining the growth pace from the second quarter (3.1 percent). Private consumption…

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02.08.2018

The Intersection of Environmental Factors and the Valuation of Rural Properties

The value of rural properties can be affected by an interplay of forces, which are continually changing, often in a cyclical pattern. These forces include social trends (population); economic circumstances (supply-side economic indicators); and environmental…

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02.02.2018

February 2018 CCIM Deal Making Session Properties

Thanks to all of the brokers, sponsors, and guests who attended the February 2018 CCIM NM Deal Making Session & Forum and to those who shared the February 2018 CCIM NM Properties. Over 15 million…

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02.02.2018

January 2018 Commercial Market Trends

View a New Mexico Market Trends Summary Report, which includes Januray 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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02.01.2018

The Land Market: Current Conditions & Outlook

The latest economic activity shows clear signs of improvement ahead. Consequently, the demand for land, especially for construction of commercial and residential properties, will be solid and rising throughout 2018 and into 2019. The demand…

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02.01.2018

Engaging Asset Managers & Property Managers to Maximize the Value of Innovation Districts

Innovation districts tend to be most successful when they are recognized as a hub of entrepreneurial activity and creativity throughout a city or region at large, and serve as a point of connectivity for people…

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01.31.2018

REALTORS® Land Institute Survey

Download PDF   Highlights: The land market strengthened in 2017 compared to 2016, bolstered by strong residential and commercial land sales and the rebound in agricultural land sales. The average change in price per acre…

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01.31.2018

Let's Treat Tenants More Like Customers

Prologis COO Larry Harmsen charts the ways in which his company's recently introduced program addresses the normally cumbersome annual reconciliations aspect of leasing in this EXCLUSIVE commentary. The words “simple” and “predictable” are not usually associated with…

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01.30.2018

The Tax Bill Was The Inflection Point

The administration has changed the entire course of the economic growth of the country. It is already very clear from the comments made by the IMF… The administration has changed the entire course of the…

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01.30.2018

20 Game-Changing Places to Live

What’s defined the West more than anything else is the sense of opportunity. Better ways to live. New technology. Visions of the future. So where is the innovation happening right now? Whether you’re looking to…

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01.29.2018

Why The Tax Law Might Turn Your Lenders Into Investors

“The LLC interest would look a bit like debt, but it technically wouldn’t be because the lender wouldn’t have creditor’s rights.” One provision of the Tax Cut and Jobs Act, namely section 163(j), has implications that could turn…

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01.26.2018

Supreme Court Issues WOTUS Decision

On January 22, the Supreme Court issued a unanimous opinion, authored by Justice Sotomayor, finding that challenges to the Waters of the U.S. (WOTUS) rule belong in district court. The Court found that the WOTUS…

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01.25.2018

Industrial’s Numbers Speak For Themselves

“The growth of e-commerce has triggered a permanent, structural change in demand for these properties,” says Adam Mullen at CBRE. In a commercial real estate variation on Yogi Berra’s famous quip, “that place is so…

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01.24.2018

Voice for Real Estate 80: Robots, AHPs, Shutdown

Will robots take over showings soon? Tech companies are making prototypes to do just that. Also covered: Association health plans, the federal shutdown, NAR's reorganization, and home sales at the end of 2017. By: (NAR) Click here to…

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01.19.2018

Office Design Trends: What's Trendy Vs. What's Right For You

Bells and whistles may be exciting but may or may not be good for the bottom line, writes Jim Trudeau of Cummings Properties in this EXCLUSIVE commentary. With unemployment at very low levels on the North Shore…

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01.18.2018

Space As A Service And The Built Environment

"The evolution in how we work is ultimately changing our social and our built environment," writes Waypoint founder Diane Vrkic in this EXCLUSIVE commentary. In 2017, North American offices average 151 square feet per worker, down from…

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01.18.2018

January 2018 LIN Properties

At the January 2018 LIN Meeting held on January 17, 2018, 15 excellent properties were presented. Thank you for presenting properties and attending the meeting! Thank you to Debbie Harms, CCIM, SIOR, CPM and Cheryl…

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01.17.2018

Window to the Law: How to Avoid Copyright Infringement

Learn how you can avoid infringing copyrights held by third parties, and review the proper way to license copyrighted materials. View the slide presentation By: National Association of REALTORS Click here to view source article.  

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01.15.2018

IDO Update: Follow-Up Training Sessions!

IDO Follow- Up Training Sessions   IDO Amendments  The adopted Integrated Development Ordinance (IDO) will go into effect on May 17, 2018. The IDO will completely update and replace the City's 1970s Zoning Code, as well as…

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01.15.2018

The Best Cities in the United States

#15 ALBUQUERQUE, NEW MEXICO  New Mexico’s sunny city gets top nods for its abundance of craft brewpubs, such as downtown’s Marble Brewery and Bow & Arrow Brewery Co. The latter serves its unusual sour and aged…

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01.12.2018

Investors Shift From Values To Income Stream

CBRE’s Chris Ludeman doesn’t foresee meaningful cap rate compression in the next few years, regardless of how strong GDP growth proves to be. The road ahead could lead to robust economic growth or to a…

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01.11.2018

Redevelopments Offer Rehabilitative, Seniors Care Opportunities

It isn’t just retail that is getting a healthcare reboot. Leslie Meril writes about the pros and cons of other asset types in this EXCLUSIVE commentary for GlobeSt.com. Much has been said about healthcare real estate redeveloping retail…

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01.11.2018

January 2018 CCIM NM Properties

Thanks to all of the brokers, sponsors, and guests who attended the January 2018 CCIM NM Deal Making Session and to those who shared the January 2018 CCIM NM Properties. Over 5 million dollars of…

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01.08.2018

Tech Remains King Of US Office Market

Of 87 top office markets tracked by Cushman & Wakefield, those with a strong technology presence were among the year’s best. High-tech users have become the most important driving force in the US office market, and the final…

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01.08.2018

Colliers: Economy’s Expansion Isn’t Over Yet

A synchronized pickup in economic momentum globally is just one of the factors that could spur faster US growth in 2018, writes Andrew Nelson at Colliers International. At this stage, strong fundamentals notwithstanding, “the best…

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01.08.2018

The Tax Cuts and Jobs Act – What it Means for Homeowners and Real Estate Professionals

The National Association of REALTORS® (NAR) worked throughout the tax reform process to preserve the existing tax benefits of homeownership and real estate investment, as well to ensure as many real estate professionals as possible…

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01.07.2018

Try these 18 destinations for 2018

You know that saying about eating dessert first because life is short? It goes for travel too. These destinations, which include cities, rivers and one ancient trading route, demand your attention in the year ahead.…

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01.05.2018

The Real Estate ‘Superfood’: CRE Debt

“Solid real estate fundamentals and economic growth suggest the US real estate cycle will last several more years,” says Melissa Reagen with TH Real Estate. Nutrition science has identified “superfoods” and so, apparently, has commercial…

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01.05.2018

Industrial Market Hits Pause, But Retains Underlying Strength

Developers delivered enough big distribution buildings to boost vacancy, but e-commerce will keep fueling expansion. After several years of declining vacancy, rising rental rates, and record-breaking construction levels, the Chicago region’s industrial sector might be ready for…

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01.05.2018

Fed Economist: Modest Growth for NM

A federal economist is predicting that New Mexico’s economy will expand at a modest pace in the coming year. “It’s more optimistic than it was a year ago,” said Alison Felix, vice president and Denver…

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01.05.2018

Top 10 Tech Trend Predictions For 2018 From A Tech CEO

As we cross into 2018, what can we expect to see on the technology side of things? Here are my top 10 predictions (in countdown fashion). I recommend CEOs take a moment to discuss these…

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01.04.2018

How New 20% Income Deduction Works

Tax pros explain how the new tax reform law impacts your members’ treatment of business income in a video you can share. Among other things, the law creates a 20% business income deduction that members…

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01.04.2018

It’s 8 Months Running For Price Declines

December’s continued pricing contraction “confirms that commercial real estate investors are wary going into the new year,” says Peter Muoio at Ten-X. Annual pricing gains have reached a new low for the current cycle, Ten-X…

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