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Commercial Association of REALTORS® - CARNM New Mexico

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02.16.2017

3 Bite Size Courses to Get You Going in RPR Commercial

With the start of a new year come goals, resolutions, and a general sense of being able to finally accomplish those high aspirations, such as improving your services to commercial clients. While we can’t help…

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02.12.2017

RANM at the Roundhouse

Legislative Update February 10, 2017 The 60-day New Mexico Legislative session is not quite at the halfway point, but already nearly 1,000 bills (924) have been introduced. Two of them, both dealing with budget items,…

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02.10.2017

Highlands Project Near Pres has High-End Ambitions

[caption id="attachment_9681" align="alignnone" width="540"] The signature project of phase two of The Highlands is a 228-unit multi-family community, which includes two levels of parking, resort style amenities, several two-story penthouses and ground floor retail. (COURTESY…

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02.07.2017

Diversification Key for Mall Developers as Retail Landscape Evolves

With traditional anchors beset by mounting competition from big-box outlets, off-price and e-commerce, it's time to rethink the very definition of a mall — or else. Editor's Note: The following is a guest post from…

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02.04.2017

Automated Cars Discussed at NAIOP

Automated vehicles are the future of American transportation and are expected to be completely driverless within the next 20 years, according to an architect and road planner. Dale Dekker, founder and architect at design firm…

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02.02.2017

February CCIM NM Properties

Thanks to all of the brokers, sponsors, and guests who attended the February 2017 CCIM NM Deal Making Session & Forum and to those who shared the February 2017 CCIM NM Properties. Over 11 million…

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02.01.2017

100 Best Places to Live in the USA

U.S. News analyzed the 100 most populous metro areas to find the best places to live. To make the top of the list, a place had to have good value, be a desirable place to…

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02.01.2017

The Last Innings – What to Expect in 2017

Prosperity continues in 2017, but the cycle is heading toward a fall The upward momentum that commercial real estate prices and values have been experiencing has recently slowed relative to their appreciation trajectory since their…

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02.01.2017

CCIM – Celebrating 50 Years

Founding CCIM Institute members advanced the commercial real estate industry. To celebrate the 50 years of CCIM Institute, Commercial Investment Real Estate will showcase prominent CCIMs who moved the entire commercial real estate profession forward.…

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02.01.2017

NMREC Requirements

Please Note NMREC Changes and Requirements Including: Link to the Core Electives List and the Ethics Electives List “Planning Ahead Erases Trouble” - a great article about how to take the Core Course in a 3-year cycle.…

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01.31.2017

Micro-Unit Trend Spreads to Smaller Markets

Workers are building a new community of micro-apartments in Austin, Texas. The 138 units at Indie Apartments will range from 350-sq.-ft. studios to 520-sq.-ft. two-bedroom apartments. “Micro-units are spreading to secondary markets, but I would…

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01.31.2017

Selling Contaminated Property: Trash or Treasure?

Not all investments work for everyone. For example, investing in wines or baseball cards should only be done if you have the interest and experience in wines or cards. Similarly, most buyers of real estate…

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01.31.2017

Window to the Law: Legal Marijuana and the Real Estate Professional

Learn about the legal issues that a real estate professional may encounter as marijuana becomes legal for both medical and recreational use in many U.S. jurisdictions. https://youtu.be/p0oYzDObOeU Marijuana is an illegal drug under federal law,…

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01.31.2017

January 2017 Commercial Market Trends

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

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01.29.2017

The Commercial Real Estate Best Practices Toolkit

Apto's Best Practices Library details proven strategies for running a successful commercial real estate brokerage - and how technology can help. We set out to tell brokers exactly how to use Apto to put specific tactics…

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01.29.2017

Exodus: NM’s Population Stagnant as People Leave in Unprecedented Numbers

WASHINGTON – If New Mexico’s population growth were a heart patient, it would be flatlining. Since 2010, the number of people living in the state has remained virtually stagnant, compared with significant population increases in…

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01.26.2017

5 Ways to Increase Your Renewal Rate

It’s cheaper to keep a good tenant than it is to find a good replacement or to carry a vacancy. Both in residential and commercial real estate rental, your bottom line is directly impacted by…

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01.25.2017

January 2017 LIN Properties

At the January 2017 LIN Meeting held January 25, 2017, 29 excellent properties were presented. Thank you for presenting properties and attending the meeting! Thank you to our host, 8801 Horizon Blvd. Print Flyer. View January 2017…

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01.20.2017

CARNM Commercial Source: December 2016 Industry Statistics

Market Summary - December 2016 By: HomeStyle Magazine (Albuquerque Journal) Click here to view source article. Click here to view source PDF (Market Summary page). Click here to view source PDF (Entire Edition)  

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01.18.2017

Negotiating a Commercial Lease

Leasing commercial space is a fact of life for many business owners. The expense of commercial leasing is considerable, but cost is not the only factor to consider when leasing a commercial space. The following…

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01.18.2017

Albuquerque and Santa Fe are Shining Stars in Film Industry

  [caption id="attachment_9603" align="alignnone" width="422"] BTS, Bob Odenkirk as Jimmy McGill in Better Call Saul - Season 2, Episode 2. Photo Credit: Ursula Coyote/Sony Pictures Television/AMC[/caption]   The light shines bright again for the New…

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01.17.2017

Ken Braden Memorial Scholarship Fund

Longtime CARW member, and former CCIM Wisconsin & SIOR Wisconsin Board member Ken Braden passed away on March 25th.  Ken is being remembered by all three organizations for his work in promoting CRE education thru…

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01.15.2017

CARW Supports Downtown Arena Development

CARW pledges support for Downtown Arena Project. check out the latest coverage in the Milwaukee Business Journal

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01.15.2017

AED Legislative Update – Take Action!

Legislature Off to a Fast Start Albuquerque Economic Development is closely monitoring action in Santa Fe that affects tools and programs designed to support employer recruitment, business growth and job creation. The State Senate ended…

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01.13.2017

Foreign Investment in U.S. Property to Remain Strong in 2017

Real Estate Capital Markets in U.S. to Stay Positive in 2017  According to CBRE Group, the outlook in 2017 for U.S. commercial real estate capital markets –encompassing debt and equity investment activity, pricing and performance,…

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01.11.2017

January CCIM NM Properties

Thanks to all of the brokers, sponsors and guests who attended the January 2017 CCIM NM Deal Making Session and to those who shared the CCIM NM January Properties. Over 9 million dollars of commercial…

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01.11.2017

Structuring Real Estate Joint Ventures: A Developer's Perspective

Developers and sponsors seeking acquisitions and/or development of new real estate projects have long recognized the benefits of attracting a capital partner suitable for its needs, especially now when the acquisition and project costs have…

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01.11.2017

Cabela’s at Journal Center is a Go

ALBUQUERQUE, N.M. — Work is officially underway on the new Cabela’s at Paseo and I-25, anchoring what will ultimately be a $68 million, mixed-use development including other retail, restaurants and apartments. The 21-acre development, called…

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01.10.2017

Earn 10 CEs: 1/30-2/2 Local CCIM 101

This course fulfills the NMREC requirement that new licensees must complete either the New Broker Business Practices Course or the CCIM 101 course in their first year of licensure. CCIM 101 Financial Analysis for Commercial Investment…

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01.09.2017

Consider This Before Jumping into the Seniors Housing Market

The statistics don’t lie—the seniors housing development market is hot right now. More than 10,000 Americans turn 65 every day, thus strengthening the argument for developing a seniors housing asset. So how do you get…

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01.01.2017

Complete by 12/31/18: REALTOR® Code of Ethics Course

REALTOR® Code of Ethics Members have until December 31, 2018 to complete their 2.5 hours of Code of Ethics training. NAR offers several online training options. Access trainings. Visit the CARNM Education Page for more information.

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01.01.2017

Multifamily Amenities Grow Up

Lounges and business centers can make a condo or apartment complex feel dated. Thankfully, there are a few easy fixes that can bring these common amenities up to date. Developers, owners, and managers of multifamily…

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12.31.2016

December Commercial Market Trends

View a New Mexico Market Trends Summary Report, which includes December 2016 Commercial Market Trends. This report includes the total number of listings, asking lease rates, asking sales prices, days on the market and total square…

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12.29.2016

United States Office First Look – Q4 2016

Research Report Slowing absorption and a pending wave of new supply are setting the stage for muted growth. A combination of decelerating leasing velocity and a lower level of "mega leasing" resulted in just 6.5 million square feet of net absorption…

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12.29.2016

Ground Breaks on Los Lunas Project that Could Attract Thousands of Jobs

Developers, city and county officials broke ground on Burlington Northern Santa Fe Railway Co.'s $20 million to $25 million rail-served industrial park located on 1,400 acres near Los Lunas on Wednesday. Dirt was moved as…

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12.27.2016

It Was Going to Be the Year of the REIT. Until It Wasn't.

(Bloomberg Gadfly) — 2016 was supposed to be the year of the REIT — until it wasn't. In September, real estate got its own major market index category, bringing real estate investment trusts more visibility…

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12.27.2016

What Does the Paid Sick Leave (Healthy Workforce Ordinance) Mean for MY Business?

What YOU need to know about the proposed Albuquerque Healthy Workforce Ordinance As soon as this fall, Albuquerque voters may be voting for mandatory paid sick leave for all Albuquerque employees based solely upon a…

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12.27.2016

It Was Going to Be the Year of the REIT. Until It Wasn't

2016 was supposed to be the year of the REIT — until it wasn't. In September, real estate got its own major market index category, bringing real estate investment trusts more visibility and, by extension,…

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12.20.2016

More Signs the Apartment Boom May Be Fizzling

The so-called absorption rate is declining. [caption id="attachment_9705" align="alignnone" width="464"] A number of residential high-rises are under construction in 2016 on and near the former site of Chicago's notorious Cabrini-Green housing project.[/caption] Fresh data may…

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12.19.2016

Albuquerque Downtown Partnership

[caption id="attachment_9532" align="alignnone" width="651"] The vacant lot at the corner of Central and first street that is set up for mixed-use "entertainment" oriented development. Tuesday Dec. 13, 2016. (Jim Thompson/Albuquerque Journal)[/caption] The City of Albuquerque plans…

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12.19.2016

December Business Creation Index

The new Business Creation Index (BCI) was created to monitor local economic conditions from the perspective of NAR’s commercial members. The quarterly report offers insight from commercial real estate professionals into whether businesses are opening…

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12.16.2016

CARNM Commercial Source: November 2016 Industry Statistics

Market Summary - November 2016 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.

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12.15.2016

Tenant Creditworthiness

Part I: How future tenants’ credit ratings affect leasing. Most businesses that rely heavily on real estate in their day-to-day operations prefer leasing to ownership for managing their real estate locations. Among the many reasons…

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12.15.2016

Convince Investors to Buy Rental Property Now

  Use these tips to help your clients diversify their portfolio. If you, your agents, or your clients are looking to diversify investments, you’ll want to consider adding rental properties to your investment portfolio early…

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12.13.2016

REALTORS 2015-17 Wisconsin State Budget Summary

On February 3, 2015, Governor Walker officially introduced his 2015-17 State Budget. The budget proposal consists of a $35.9 billion operating budget in the fiscal year 2015-16 and a $32.3 billion budget in fiscal year…

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12.09.2016

Industry Trends: The CRE® Top Ten Issues Affecting Real Estate 2016-2017

The Changing Global Economy GDP growth has been revised downward for much of the globe, as economic uncertainties continue. Currency issues and soft energy prices have added to the volatility. Politics and conflict undermine stability, leading…

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12.08.2016

Apartments Near Downtown Hospital Wins City OK

Titan Development and Maestas Development Group will break ground on an upscale apartment community north of Central Avenue near Presbyterian Hospital next summer. Dubbed The Broadstone Highlands, the 74-unit multi-family project features a mix of…

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12.05.2016

Valley Cold Storage Breaks Ground on Santa Teresa Warehouse

[caption id="attachment_9483" align="alignnone" width="541"] FedEx Ground is moving dirt around on a 215,000-square-foot distribution center at Santa Teresas newest industrial development, Westpark. The 20 million center is expected to be up and running in the…

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12.05.2016

On Common Ground: Walkable Neighborhoods

Publication Explores Walkable Neighborhoods The latest edition of On Common Ground, NAR’s semi-annual publication about smart growth issues, focuses on the impact of the growing demand for walkable neighborhoods on the real estate industry. Walkability…

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12.05.2016

Pop-Ups Gain Traction in Retail Sector

Some of the priciest shopping districts are experimenting with pop-ups, offering retailers discounts to test the waters before they fully buy in. The pop-ups are temporary stores that can give retailers a feel for the…

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