03.23.2016

The Voice for Real Estate 42: Condos, Young Buyers, Legal Help

NAR wants the Senate to pass changes to make FHA condo financing much easier to get. The story is in The Voice for Real Estate for the week March 21. Other stories: Young buyers like…

03.23.2016

LIN March 2016 Properties

At the LIN March 2016 Meeting on March 23, 2016, 16 excellent properties were presented. Thank you for presenting properties and attending the meeting! Thank you to our host, the Downtown Theatre Block - 116 Central…

03.22.2016

The Push to Make ABQ a Transportation Hub Just Got More Traction

Supporters hope it’s a transportation development that will ultimately bring more jobs to the city and the state. The Mid-Region Council of Governments (MRCOG) and the city of Albuquerque announced Tuesday the selection of a…

03.21.2016

City Council Votes 7-2 to Approve Funding for ART Transit System

[caption id="attachment_8792" align="alignnone" width="443"] Activist Tony Pirard, folds a U.S. Flag before being ejected from the City Council Chambers during the ART Project meeting.  Adolphe Pierre-Louis/JOURNAL[/caption] The word “boondoggle” came up more than once. But…

03.21.2016

Nob Hill Parking Garage Back on the Radar

Some Nob Hill business owners and residents have raised concerns about how the city’s plans for a rapid transit bus system on Central Avenue will affect parking. They say the neighborhood is already crowded, and…

03.17.2016

$135 Million Medical Center Planned for Santa Fe

SANTA FE – Presbyterian Healthcare Services announced Wednesday it is planning a $135 million medical center in Santa Fe that could be open in less than two years. It also has begun work on an…

03.15.2016

RLI 2016 Land Market Survey

The 2016 Land Markets Survey is a tool for real estate land professionals in all sectors of the business to use for bench-marking and as an informational resource when conducting business. This year marks the…

03.14.2016

New Downtown Development Code Under Consideration

Development document set to go before planning and zoning board in April. LAS CRUCES - The city of Las Cruces is proposing a new development code that officials say would be another big step in…

03.11.2016

Albuquerque Has 26 Modernist Buildings That You Probably Don't Know About

Whether it stems from the influence of the hit television show Mad Men, or even the rise in popularity of Ikea furniture, modernist building is hip again. Even in Albuquerque. And perhaps the greatest and…

03.08.2016

City Shortens Buffer Between Food Trucks, Restaurants

A couple months after passing the city's first food truck ordinance, which said food trucks can't park within 100 feet of a brick-and-mortar restaurant, mobile food businesses complained they were starved for spots. Albuquerque City…

03.04.2016

REACH Charity Search Underway

CARW is pleased to be an organizing partner of the Real Estate Alliance for Charity and to serve as the administrator for the organization.  REACH has raised hundreds of thousands of dollars from generous professionals…

03.03.2016

ART Projected Downtown Construction Timeline Revealed

While supporters and opponents of Albuquerque Rapid Transit continue debating whether or not the project is a “done deal” — and at least one city councilor says she’d consider putting it to a vote in…

03.02.2016

CCIM NM March 2016 Properties

Thanks to all of the brokers, sponsors and guests who attended the March 2016 CCIM NM Deal Making Session and to those who shared the CCIM NM March Properties. Over 25 million dollars of commercial…

03.02.2016

Albuquerque Cracks the Top 50 in U.S. News Best Places to Live

When it comes to national rankings, Albuquerque has a spotty record. For every positive ranking, the city often finds itself on the negative end of one or more lists. But the Duke City can breathe…

03.01.2016

Commercial Pros Transforming Downtowns

Learn how those in commercial real estate are stepping up to help ailing town centers. It’s tough to overstate the impact of vibrant town centers on the health of our communities, says Patrice Frey, CEO…

02.29.2016

February 2016 Commercial Market Trends

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

02.28.2016

CCIM & LIN Guest Fee Policy

Read the updated and clarified policies for inviting guests to the CCIM Deal Making Sessions and LIN Marketing Meetings. Please contact the CARNM Office in advance if bringing a guest. Read the Guest Fee Policy.

02.26.2016

Economists Says NM Picture Brighter Than Other Oil States

[caption id="attachment_8784" align="alignnone" width="421"] Pictured are the oil fields with pump jacks scattered throughout the area of Loco Hills, which is located between Artesia and Hobbs.Albuquerque New Mexico(Roberto E. Rosales/Albuquerque Journal)[/caption] ALBUQUERQUE, N.M. — While…

02.26.2016

Rapid Transit Plan Draws More Anger

[caption id="attachment_8799" align="alignnone" width="300"] Michelle Heath of Albuquerque described herself as the demographic the Albuquerque Rapid Transit project on Central is targeting but said she was opposed to the project at a public meeting at…

02.25.2016

Public to Rapid Transit Planners: Would You Continue Without Federal Money?

There are a lot of funding pieces involved in the Albuquerque Rapid Transit project, and while officials try to lay it out to the public, they are often asked a specific question. Will the city…

02.22.2016

Most New Albuquerque Area Retail Activity is Taking Place in Power Centers

Last year was a banner year for large retail power centers that host big box stores filled with national tenants. Consider what was built last year and is still under construction. Winrock Town Center, with…

02.21.2016

First Ever Product Category Rule Released for Roof Coating Materials

NSF reveals development for first Product Category Rule (PCR) in North America for roof coating materials alongside the Roof Coatings Manufacturers Association (RCMA)   Global public health organization NSF International has collaborated with Roof Coatings Manufacturers Association (RCMA) to…

02.19.2016

2016 CARNM Legislative Initiatives

Become informed on the 2016 legislative issues that are important to Commercial REALTORS! Read below or click here to read full communication. 2016 REAL ESTATE BILLS Senate Bill 105: Expedited Professional Licensure. Introduced by Sue Wilson…

02.18.2016

Downtown Albuquerque Arts and Cultural District Designation Approved by City – Here's What's Next

After about eight years of effort that was dotted by a few stops and starts, Albuquerque’s Downtown Arts and Cultural District has received official designation. Late Wednesday night the Albuquerque City Council voted unanimously to…

02.17.2016

LIN February 2016 Properties

At the LIN February 2016 Meeting on February 17, 2016, 13 excellent properties were presented. Thank you for presenting properties and attending the meeting! Thank you to our host, Airport Plaza - 2501 Yale Blvd SE. Print…

02.12.2016

2015 Q4 Commercial Real Estate Market Survey

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…

02.10.2016

Commercial Loans: Regulators Send Mixed Signals

Federal regulators could be a wild card this year in the availability of commercial real estate loans. Regulators say they're taking a hard look at easing loan standards but the Federal Reserve is hearing from…

02.09.2016

Obama Backs ABQ Rapid Transit Project

[caption id="attachment_8690" align="alignnone" width="450"] Passengers would wait in canopy-covered stations to board Albuquerque Rapid Transit, as shown in this rendering for an iconic stop by the University of New Mexico. [/caption] ALBUQUERQUE, N.M. — An ambitious…

02.07.2016

Rapid Transit Debate Nears Final Stop

[caption id="attachment_8677" align="alignnone" width="609"] A city bus passes by one of the signs erected along Central Avenue expressing opposition to the proposed Albuquerque Rapid Transit project. (Roberto E. Rosales, Albuquerque Journal)[/caption] Albuquerque Rapid Transit Supporters…

02.04.2016

Six Trends in Commercial Real Estate to Watch for in 2016

Urban Land online has named its top five most popular articles from 2015. What is top on the list? Six Trends in Commercial Real Estate to Watch for in 2015, written by Peter Burley, Director,…

02.04.2016

NAR: Expectations and Market Realities in Real Estate

Despite various global and domestic hurdles hindering economic growth, steady job gains and stable leasing demand should help keep commercial real estate activity expanding this year, according to the NAR Expectations & Market Realities in…

02.04.2016

Commercial Real Estate Experts: Moderate Expansion, Easing Prices Expected in 2016

WASHINGTON (February 4, 2016) — Despite various global and domestic hurdles hindering economic growth, steady job gains and stable leasing demand should help keep commercial real estate activity expanding in 2016, according to the authors…

02.04.2016

Albuquerque Waterpark Plans Progress as Investors Look to the North for a Site

It's been about eight months since a Facebook page announcing a new waterpark in Albuquerque was created and caused a a bit of a frenzy. It's clear that many Albuquerque residents and visitors want more…

02.03.2016

CCIM NM February 2016 Properties

Thanks to all of the brokers, sponsors and guests who attended the February 2016 CCIM NM Deal Making Session and to those who shared the CCIM NM February Properties. Over 15 million dollars of commercial…

02.02.2016

Winrock Readies Six Store Lineup for Fall Opening

With each day that passes, Winrock Town Center's new massive steel structure for retail, visible from I-40 and from Louisiana Boulevard, grows a little taller and fills out more and more. Winrock, which was once…

02.01.2016

Enterprise Zones Would 'Change Our Skyline'

News that a constitutional amendment was to be considered this legislative session may appear dry to some, but the change could have big impacts on the commercial real estate industry. Sen. Daniel A. Ivey-Soto, D-Bernalillo,…

02.01.2016

Added Value: Property and Assessment Management

''Asset managers know that their success is tied to our success. '' -Drew Genova, CBRE IREM recently pulled the curtain back on its latest White Paper, exploring the changing relationship between property and asset management.…

02.01.2016

No Surprise Here: Apartment Rents Increasing in Albuquerque

It's a good time to be a landlord in Albuquerque. The city's apartment rental market, called one of the most steady in the nation by CBRE, has seen occupancy and rental rates increase year over…

02.01.2016

Commercial Real Estate Takes Economy's Pulse

Commercial real estate is a good yardstick in measuring how the broader economy is doing. When the economy is doing well, vacancy rates fall and rents go up. When the economy is doing poorly, the…

02.01.2016

No Housing Bubble

House prices are once again regularly in the news and have been rising for 43 straight months.  In cities such as Boston, Denver and San Francisco, prices today are higher than they were during the…

01.31.2016

NAR Commercial Issues and Actions & Issue Brief

This NAR Commercial Issues and Actions brief highlights NAR's commercial real estate top priorities. View the issue brief (link is external). This NAR Issue Brief reviews NAR’s most recent advocacy efforts around regulations and legislation affecting the…

01.31.2016

January 2016 Commercial Market Trends

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

01.28.2016

City Unveils Nearly Finished Designs for Bus Rapid Transit Stations

The city continues to roll forward with plans for the new Central Avenue rapid transit bus line, amid vocal expressions of support and disapproval from businesses and interested citizens, and Friday it announced that its…

01.28.2016

Albuquerque's Industrial Vacancy Rate the Lowest Since 2007

We've reported on a well-performing industrial real estate sector in the Albuquerque area, a market that saw more activity and absorption last year. A new report from CBRE Albuquerque chronicles the activity and provides some…

01.28.2016

Real Estate Execs Explain Why New Mexico Should Pursue 'Enterprise Zones'

A state lawmaker last week introduced legislation that would change the state constitution to allow counties to limit property taxes within so-called "enterprise zones." New Mexico currently doesn't allow enterprise zones, a designation used in…

01.23.2016

Sprint to Cut Nearly 400 Jobs in New Mexico

[caption id="attachment_8636" align="alignnone" width="500"] Sprint on Friday, Jan. 22, 2016, announced plans to shutter its Rio Rancho call center, a move that will affect nearly 400 employees. (Jim Thompson/Journal)[/caption] Sprint will close its Rio Rancho…

01.22.2016

Schlumberger Confirms New Mexico Layoffs

Oilfield services company Schlumberger Ltd. (NYSE: SLB) has confirmed to Business First that 10,000 in layoffs announced yesterday after the close of the trading session impacted "all geographic regions," which includes New Mexico. According to…

01.20.2016

LIN January 2016 Properties

At the LIN January 2016 Meeting on January 20, 2016, 10 excellent properties were presented. Thank you for presenting properties and attending the meeting! Thank you to our host, 2100 Louisiana Blvd NE. Print Flyer. View January LIN…

01.12.2016

Rapid Transit's Worth Might Be More Than You Think, New Report Says

Two new reports say Albuquerque Rapid Transit will improve access to jobs and residences and spur upwards of $3 billion in new property development near the transit corridor. Business owners and concerned citizens have been…

01.09.2016

Upcoming CCIM Course! Commercial Investment 101