10.17.2017
Yes, You Should Invest in Land Real Estate
“I have always liked real estate; farmland, pastureland, timberland and city property. I have had experience with all of them. I guess I just naturally like ‘the good Earth,’ the foundation of all our wealth.”…
Read More10.16.2017
Voice for Real Estate 76: Tax Reform, 1031, Remodeling, Post-Disasters
NAR supports tax reform that helps as many people as possible but the framework that’s being discussed on Capitol Hill raises concerns because of its impact on middle-income homeowners. More in the latest Voice for…
Read More10.10.2017
Expanded Opportunities at US-China Business Matchmaking Summit
CARNM’s overarching focus is on job growth in New Mexico, and we have supported this focus with two outstanding successes this year - the Albuquerque Sick Leave Ordinance defeat and the US-China Business Matchmaking Summit.…
Read More10.10.2017
Albuquerque City Elections – Thank You for the Hard Work in Defeating the Proposed Ordinance!
As you are probably aware, the Albuquerque Coalition for a Healthy Economy (ACHE) spent the last few months fighting the Albuquerque Healthy Workforce Ordinance, which CARNM supported along with NAR, RANM, GAAR, and RECPAC. We…
Read More10.09.2017
From Soup Kitchen to High-Tech Makerspace
The ground floor of the new FUSE Makerspace includes a huge range of high-tech equipment and tools for working with wood, metal, electronics and more. (Adolphe Pierre-Louis/Albuquerque Journal) The old Noonday Ministries soup kitchen at…
Read More10.06.2017
New Cannabis Law Attracting Real Estate Investors to Golden State
The biggest challenge for cannabis real estate investors is finding capital to finance investments. The state of California will begin issuing temporary licenses for “cannabis commercial activity” on Jan. 1, 2018, with permanent licensing to follow…
Read More10.05.2017
U.S. Rents Are Getting More Affordable—as the Renters Get Richer
One reason for the shift is that wealthier families are increasingly likely to rent, allowing landlords to raise prices without raising the risk that their tenants won’t pay. Following the Great Recession, the cost of…
Read More10.04.2017
October 2017 CCIM NM Properties
Thanks to all of the brokers, sponsors, and guests who attended the October 2017 CCIM NM Deal Making Session and to those who shared the October 2017 CCIM NM Properties. Over 20 million dollars of…
Read More10.04.2017
At the Core of RPR Commercial
For many commercial practitioners RPR is the go to source for persuasive, decision making data and reports. From site selection and investment analysis tools to demographic and psychographic insights about communities, this valuable Realtor® member…
Read More10.03.2017
Albuquerque Sells Sunshine, Trying to Lure New Amazon HQ
New Mexico might not have the most money to offer Amazon as it decides where to put a second headquarters, but officials say nearly limitless sunshine, hazard-free weather and a diverse population should make the…
Read More10.03.2017
City Gives Nod to Consortium for Downtown Redevelopment
It may not be a skyline-thrusting high-rise tower, but the team behind Silver Avenue Flats LLC certainly is thinking big. The Albuquerque Development Commission, which recently heard three presentations from proposals submitted in response to…
Read More10.03.2017
Downsizing to Downtown: Boomers Hitting the Road
We’ve talked about Millennials seeking the Work, Live, Play mantra as they locate to communities. Ironically, Baby Boomers have similar lifestyle preferences with walkability to entertainment and amenities as their core preferences. The Wall Street Journal recently…
Read More10.03.2017
Three Ways Trump’s Immigration Plan Could Affect the CRE Industry
NREI interviewed several real estate experts on the implications of the policy. President Donald Trump campaigned on the promise of reforming U.S. immigration policy. Last month, he announced his support for legislation, sponsored by Republicans, which…
Read More10.03.2017
September 2017 Commercial Market Trends
View a New Mexico Market Trends Summary Report, which includes September 2017 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 More09.27.2017
Ribbon Cutting for New Business Four Years in the Making
“With the whole process and the adventure we had getting this up and going, it felt really good to finally be 100 percent done with this building,” Neill said. “Now we are just here for…
Read More09.27.2017
Bright but Challenging Future for Oil and Gas
U.S. oil and gas production remains at historic highs despite price instability, but the industry is facing major regulatory and infrastructure challenges to sustain momentum, local and national leaders told the Albuquerque Economic Forum on…
Read More09.23.2017
Editorial: Vote ‘AGAINST’ This Unhealthy Ordinance
If you read just the first two paragraphs of the proposed Healthy Workforce Ordinance – which would “allow employees to accrue and use sick leave,” and claims “49% of private sector workers and 77% of…
Read More09.23.2017
Fashion Outlets of Santa Fe Faces Foreclosure Lawsuit
Fashion Outlets of Santa Fe, a 122,000-square-foot retail outlet mall on the city’s southern outskirts off Cerrillos Road that long has struggled to keep store spaces filled and draw consumers over the past 2 1/2…
Read More09.20.2017
September LIN Properties
At the September 2017 LIN Meeting held on September 20, 2017, 15 excellent properties were presented. Thank you for presenting properties and attending the meeting! Thank you to John Ransom, CCIM, SIOR and Tim With,…
Read More09.20.2017
Make a Safety Check Against Wire Fraud
During September’s REALTOR® Safety Month, be sure to take precautions to protect yourself from physical harm—and to protect both yourself and your clients in today’s digital world, says Marc Gould, vice president of business specialties for…
Read More09.19.2017
REALTOR® Safety: Implement Tools Today
How You Can Apply Commercial Safety! While the most publicized physical attacks on real estate agents have involved residential agents, commercial agents are equally at risk. Many of the same safety tips employed by residential agents…
Read More09.19.2017
Autonomous Vehicles Drive Change In Commercial Real Estate Design
The potentially massive impact on society is already changing how land-use planners, developers and others are preparing for this technology, BBG CEO Chris Roach writes in this EXCLUSIVE commentary. The prospect of autonomous vehicles rolling off production…
Read More09.19.2017
State-Backed Fund OKs $2 Million for ABQid
The state-backed Catalyst Fund has approved up to a $2 million investment in the ABQid business accelerator to provide funding for local startup companies. ABQid must match Catalyst funding dollar-for-dollar to receive the full amount,…
Read More09.18.2017
Albuquerque City OKs Zone Change for 180-Unit Development Near Albuquerque Academy
A California developer has plans to build a senior living community on a vacant 14-acre site next to the Albuquerque Academy campus, amid “significant” opposition due to concerns about traffic and “loss of views and…
Read More09.18.2017
Small Markets See 4% Gain in Commercial Property Sales
Smaller commercial properties in secondary markets are still attracting buyers at good prices, but demand for big-market mega-properties appears to be easing, NAR second-quarter data suggest. Large markets saw a 5 percent annual decline in…
Read More09.18.2017
ACHE – Vote NO October 3! (Early Voting Underway)
Forward to Clients | Watch & Share Video | What to Do As A Business Owner - Forward to Businesses | ABQche.org Remember to turn the ballot over and VOTE AGAINST the proposed ordinance! We need CARNM…
Read More09.18.2017
CARW 2013 Golf Outing Sponsors
Thank you to all of the 2013 CARW Golf Outing Sponsors for helping us put on THE golf event of the year!
Read More09.15.2017
CARNM Commercial Source: August 2017 Industry Statistics
MARKET SUMMARY – AUGUST 2017 By: HomeStyle Magazine (Albuquerque Journal) Click here to view source PDF (Market Summary Page). Click here to view source PDF (Entire Edition). Click here to view source article.
Read More09.12.2017
Outlook Remains Bright for Commercial Real Estate Despite Price Plateau
Commercial real estate price growth in large markets is expected to flatten over the next year, but strong leasing demand and investor appetite in smaller markets should keep the sector on solid ground, according to…
Read More09.12.2017
Kirtland Boasts $4B in Area Economic Impact
For the Record: This story has been changed to accurately reflect the number of Sandia National Laboratories employees at Kirtland Air Force Base. Kirtland Air Force Base claimed nearly $6.7 billion in total economic impact…
Read More09.11.2017
NM Grapples With Diversity, Job Growth
Hotel Chaco pastry chef Deirdre Lane, left, and baker Janessa Perez prepare pastry at the new hotel in Albuquerque’s Old Town. (Marla Brose/Albuquerque Journal) Here are a couple of goals that unite leaders in the…
Read More09.07.2017
August 2017 Commercial Market Trends
View a New Mexico Market Trends Summary Report, which includes August 2017 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 More09.07.2017
Berry to Amazon Chief: ‘Jeff, Come Home’
Amazon, bursting out of its Seattle headquarters, is hunting for a second home. Must haves: A prime location, close to transit, with plenty of space to grow. The company said Thursday it will spend more…
Read More09.07.2017
NM Already Recovering From Export Dip, Experts Say
El Paso-based development company Franklin Mountain Management LLC expects to open this new, 183,000-square-foot spec building at the Santa Teresa industrial park in southern New Mexico early next year. Local trade advocates say it is…
Read More09.06.2017
September CCIM NM Properties
Thanks to all of the brokers, sponsors, and guests who attended the September 2017 CCIM NM Deal Making Session and to those who shared the September 2017 CCIM NM Properties. Over 3 million dollars of…
Read More09.06.2017
Why CoStar vs. Xceligent Will Be Better Than Mayweather vs. McGregor
This past Saturday night (for the first time in my 54 years), I ordered a pay per view (PPV) event – the Mayweather vs. McGregor “boxing” extravaganza. My father-in-law was in town, and what’s a better male-bonding experience…
Read More09.06.2017
10 Examples of Stellar Office Design in 2017
Since the dawn of the coworking boom, many have predicted the end of the traditional office as we know it. But while cubicles and cramped offices with dingy overhead lighting may be on their way…
Read More09.05.2017
Aging Boomers Could Drive Demand For Medical Office Buildings Through 2055
As baby boomers, once America's largest living generation, continue to age, demand for medical office space is growing with them. According to the U.S. Census Bureau, the number of Americans 65 years old and up…
Read More09.01.2017
Voice for Real Estate 74: Harvey, Flood Ins., Scams, Safety
REALTORS stepped up with on-the-ground aid and contributions to the Realtors Relief Foundation to help those in need after Harvey swept through Texas. Meanwhile, NAR continues to ask Congress to pass an extension of flood…
Read More08.29.2017
Industry Trends: Transit Oriented Development Driving Investment
Many factors drive real estate investment and development, including economic conditions, market demand, and the availability of capital. Studies reveal another critical element now plays a significant role in determining where new real estate projects…
Read More08.28.2017
Breathing Easier In NM’s Oil Patch
A rig drills for oil while pump jacks pull crude from the ground near Loco Hills in southeastern New Mexico. Most of the new oil investment in the state is coming from mid- and large-sized…
Read More08.25.2017
Taos Officials Celebrate New Airport Runway
Kenyon Rainer, with Star Road Dance Company from Taos, walks across the apron at Taos Airport on Friday. He and his family sang and danced at a grand opening for the new 1.5 mile Crosswinds…
Read More08.21.2017
Empty Acres, Room to Grow
Tom Franchini, left, Bill Robertson and Lori Robertson survey the 550-acre site of Sunport South Business Park. (Jim Thompson/Albuquerque Journal) If your business involves warehousing, light or heavy manufacturing or data center activity, know this:…
Read More08.18.2017
CARNM Commercial Source: July 2017 Industry Statistics
By: HomeStyle Magazine (Albuquerque Journal) Click here to view source PDF (Market Summary Page). Click here to view source PDF (Entire Edition). Click here to view source article.
Read More08.17.2017
Ahead of the Curve
Amid constant change, commercial real estate professionals are adapting and thriving. Adaptation is the key to survival and competitive advantage in biology - and commercial real estate. With markets changing rapidly, several commercial real estate…
Read More08.17.2017
Myth or Reality?
Despite predictions, massive adoption of driverless vehicles will take many years. There's a lot of buzz about driverless vehicles reshaping the commercial real estate landscape. Multiple articles predict mass adoption of driverless technology in the…
Read More08.16.2017
August LIN Properties
At the August 2017 LIN Meeting held on August 16, 2017, 11 excellent properties were presented. Thank you for presenting properties and attending the meeting! Thank you to Glenn Wright and Kris Wright who hosted…
Read More08.11.2017
CARNM Commercial Source: A Real Estate Lawsuit No One Knows About by Ray Regan
Two digital information providers are locked in a titanic lawsuit claiming rights to provide the public with commercial real estate data. CoStar, a $9 billion company, claims exclusive rights under copyrights and patents to collect…
Read More08.07.2017
August CCIM NM Properties
Thanks to all of the brokers, sponsors, and guests who attended the August 2017 CCIM NM Deal Making Session & Forum and to those who shared the August 2017 CCIM NM Properties. Over 3 million…
Read More08.04.2017
Apartment Slowdown Has Yet To Arrive
Ten-X’s Peter Muoio says the current state of the multifamily sector is “a perfect example of the time-honored notion that ‘demographics is destiny.’ “ Positive demographic trends are keeping wind in the apartment market’s sails…
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