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Commercial Association of REALTORS® - CARNM New Mexico

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01.06.2016

CCIM NM January 2016 Properties

Thanks to all of the brokers, sponsors and guests who attended the January 2016 CCIM NM Deal Making Session and to those who shared the January 2016 CCIM NM Properties. Over 20 million dollars of commercial real…

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01.04.2016

Required Code of Ethics Course

Every member is required to complete the National Association of REALTORS® Code of Ethics course by Saturday, December 31, 2016. You may fulfill this requirement through the free online course OR in person. Completion of this requirement…

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01.01.2016

Economic Forecast for 2016: Slightly Better Than 2015

Looking at 2016, the domestic economic landscape looks solid, albeit unspectacular.  The unemployment rate should continue falling, house prices are likely to rise by 5%, and the economy will be led almost entirely by the…

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12.31.2015

December 2015 Commercial Market Trends

View a New Mexico Market Trends Summary Report, which includes December 2015 Commercial Market Trends. This report includes total number of listings, asking lease rates, asking sales prices, days on the market and total square…

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12.21.2015

Here are the Real Estate Deals And Happenings That Moved Downtown In 2015

Between major employers moving out of Downtown to restaurants that no longer felt a location there was viable, Downtown experienced some setbacks this year. Yet Downtown also had some major wins. We couldn't include all…

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12.21.2015

City Approves $24 Million for Three Downtown Projects

Downtown Albuquerque is now lined up to receive a $24 million investment toward three main projects that are expected to further revitalize the corridor. The funds, approved unanimously by the Albuquerque City Council Monday night,…

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12.15.2015

Commercial Real Estate Outlook: 2015.Q4

NAR’s latest Commercial Real Estate Outlook offers overall projections for four major commercial sectors and analyzes quarterly data in the office, industrial, retail and multifamily markets. Highlights Demand for commercial leases kept a positive pace…

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12.15.2015

Year in Review: Rankings that Mattered for New Mexico in 2015

New Mexico and Albuquerque find themselves on many national rankings, sometimes in a positive light and sometimes not so much. As a part of our year-in-review coverage, we took a look at some of the…

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12.14.2015

Urlacher's Entertainment Center Project Moves Forward With UNM Regents Vote

Lobo football star Brian Urlacher's entertainment and retail center across the street from Isotopes Park should break ground next year. The University of New Mexico's Board of Regents approved a long-term ground lease with the…

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12.11.2015

Year in Review: The Top 5 Real Estate Deals of 2015 Include a Record

2015 was the year the industrial market heated up, more apartment complexes sold to out-of-state investors and auctions were the new tool to unload assets. While there were plenty of deals made this year, we…

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12.10.2015

NAR Issue Brief: Year in Review

2015 NAR Issue Brief Legislative & Regulatory Year in Review 10 December 2015 NAR’s legislative and regulatory agenda continued to focus on creating a fundamentally sound and robust U.S. real estate market while protecting the…

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12.10.2015

NAR Issue Brief: Advocacy Efforts

NAR’s legislative and regulatory agenda continued to focus on creating a fundamentally sound and robust U.S. real estate market while protecting the business interests of members and consumers. NAR achieved several accomplishments and set the…

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12.09.2015

Santa Fe Mayor Makes Affordable Housing Proposal

SANTA FE, N.M. —The cost of living is higher in Santa Fe than almost any other New Mexico city. “Rents are going up year after year and people are being displaced," Santa Fe Mayor Javier…

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12.08.2015

UNM Regional Planning Director: Stop Trying to be a Denver or a Portland

Renia Ehrenfeucht, a professor who teaches about cities and urbanization, isn't afraid to deconstruct the old adage often evoked by economists, real estate developers and city leaders — essentially that cities must grow and grow…

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12.08.2015

Sub-$40 Oil Prices Finally Stifle New Mexico Oil Production

For the first time since oil prices started falling 18 months ago, production levels in New Mexico are faltering — a shift that could be detrimental to industry in the state. Despite prices that have…

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12.01.2015

CARNM 2016 Dues

Thank you, CARNM Members! We appreciate your membership. Renew Your CARNM Membership and CIE Subscription for 2016! $25 Discount - This discount is already included in your online bill (no discount code needed). Offer expires 12/17/15.…

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11.30.2015

November 2015 Commercial Market Trends

View a New Mexico Market Trends Summary Report, which includes November 2015 Commercial Market Trends. This report includes total number of listings, asking lease rates, asking sales prices, days on the market and total square feet…

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11.23.2015

National Magazine: This NM City Will Be Top Retirement Destination

Is Las Cruces the next top retirement destination? U.S. News & World Report spotlighted it as one of three cities that could become just that. [caption id="attachment_8515" align="alignnone" width="442"] Is Las Cruces the next top…

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11.23.2015

The Voice for Real Estate

Condo financing is easier to get under changes FHA rolled out at the NAR conference in San Diego. View Voice for Real Estate 35: zipLogix, Condos, San Diego (Video) About This Series The Voice for…

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11.19.2015

New CCIM New Mexico President Says We Need Jobs — Period

Sean McMullan is the co-owner and qualifying broker at McMullan & Co. Real Estate, which does deals in the Albuquerque area. He was recently selected as the 2016 president of the Certified Commercial Investment Member…

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11.18.2015

More Gains in Commercial Sector Next Year

[caption id="attachment_8521" align="alignnone" width="240"] Lawrence Yun[/caption] Commercial real estate in all major sectors will continue to improve but the prospect of short-term interest rates going up as the Federal Reserve seeks to tighten credit could…

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11.18.2015

LIN November 2015 Properties

At the LIN November 2015 Meeting on November 18, 2015, 26 excellent properties were presented. Thank you for presenting properties and attending the meeting! Thank you to our host, 5700 Pasadena Ave. View November LIN properties here. View…

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11.17.2015

CARNM Reveals its Top REALTOR® and Recipient of First 'Founder's Award'

A well-known name in commercial real estate was recognized Tuesday at an Commercial Association of REALTORS® New Mexico event. Debbie Harms, CEO of NAI Maestas & Ward, was named "REALTOR® of the Year" by CARNM at…

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11.17.2015

2015 CARNM Annual Meeting Highlights

2015 CARNM Annual Meeting: Back to the Future The 2015 CARNM Annual Meeting was a rousing success! We celebrated our 20th Anniversary and the history of CARNM. Congratulations to the award recipients: 2015 REALTOR® of…

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11.13.2015

Oppendahl on Boosting City, Attracting Millennials: 'You Can't Just Do One Thing'

Milliennials were once again the main topic of conversation at an Urban Land Institute-New Mexico meeting this week. Albuquerque Economic Development Director Gary Oppedahl said Albuquerque is already attractive to the key demographic, and can…

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11.12.2015

Oklahoma Company Proposes to Explore for Oil Near Rio Rancho

One of the nation’s largest oil producers has set its eyes on Sandoval County, with an application for exploratory drilling scheduled to be heard by county officials next month. The application by Oklahoma City-based SandRidge…

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11.10.2015

Rust Celebrates as Tower Nears Completion

Rio Rancho Mayor Gregg Hull and his family have received medical care from Presbyterian hospitals for years. His kids, he said, don’t know medical care outside of Presbyterian. When construction for Presbyterian Rust Medical Center’s…

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11.04.2015

November CCIM NM Properties

Thanks to all of the brokers, sponsors and guests who attended the November 2015 CCIM NM Deal Making Session and to those who shared the November 2015 CCIM NM Properties. Over 17 million dollars of commercial real estate…

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11.03.2015

2015 Q3 Commercial Real Estate Market Survey

The REALTORS® Commercial Real Estate Market Survey measures quarterly activity in the commercial real estate markets. The survey collects data from commercial REALTORS®. The survey is designed to provide an overview of market performance, sales…

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11.01.2015

Labor Force Loss

While the unemployment rate is 5.1% and has fallen smartly since peaking at 10% in October 2009, a key question is why?  Part of the decline is due to people finding work who were previously…

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10.31.2015

October 2015 Commercial Market Trends

View a New Mexico Market Trends Summary Report, which includes October 2015 Commercial Market Trends. This report includes total number of listings, asking lease rates, asking sales prices, days on the market and total square…

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10.29.2015

Projects Under Construction in the Albuquerque Area Now: Interactive Map

There's a saying among economic developers and those in construction — the economy is healthy when you can see those big cranes at work. They're referring to construction cranes on job sites, and driving around…

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10.23.2015

Developers, Residents Want Different Things From Sector Plan Changes

Most people wouldn't go out of their way to spend time thinking about zoning related to real estate, but it's crucial in how cities are shaped and grow. Zoning starts with what uses are allowed…

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10.21.2015

CCIM NM Deals of the Year Award Winners!

CCIM New Mexico Celebration October 20, 2015 Debbie Dupes, CCIM & Dan Newman CCIM NM Deal of the Year Award: Over $1 Million Brent Tiano, CCIM CCIM NM Deal of the Year Award: Under $1…

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10.21.2015

$500M Oil Recovery Project Wraps Up First Phase in Hobbs

Occidental Petroleum Corp. (NYSE: OXY) has officially completed the first phase of its $500 million carbon dioxide flooding project in Hobbs. Announced in 2013, the project involves flooding the oil field in South Hobbs with…

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10.21.2015

Jessica Eaves Mathews Wants to Bust Some Myths about Innovate ABQ

From a real estate perspective, Innovate ABQ is all about site work. What buildings will stay or be demolished at the site on the northwest corner of Central Avenue and Broadway. How architects and planners…

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10.16.2015

The State of the Smart City

Because infrastructure quality and property value growth so often go hand in hand, it stands to reason that improved infrastructure including energy, water, transportation and communications technology, is an economic challenge the commercial property industry…

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10.15.2015

One Perspective on Complexity in Commercial Appraisal

When making the leap from residential to commercial real estate, one thing that becomes clear is that assigning a price to commercial property uses a very different process than is used in residential. While reading…

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10.12.2015

Important Legislation Information from WRA

WRA provides information about the Out-of-state Licensee (OSL) Legislation, effective January 1st, 2015. -What is the OSL legislation? -What transactions does it apply to? -What violates the OSL legislation? Please view the information provided by…

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10.06.2015

October CCIM NM Properties

Thanks to all of the brokers, sponsors and guests who attended the October 2015 CCIM NM Deal Making Session and to those who shared the October 2015 CCIM NM Properties. Nearly 13 million dollars of commercial real…

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10.04.2015

CARNM Annual Meeting – November 17th – #CARNM20Years

Celebrate 20 Years at the 2015 CARNM Annual Meeting! Date: Tuesday, November 17, 2015 Time: 12:00 - 2:00 p.m. | Lunch Included Location: Albuquerque Marriott | 2101 Louisiana Blvd NE Cost: Free for CARNM Members | $20.00 Guest Fee RSVP…

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10.02.2015

Department of Treasury Examines Marketplace Lending

The Department of Treasury put out a Request for Information (RFI) about marketplace lending. Marketplace lending describes practices such as online banks, peer-to-peer lending, and crowdfunding that are alternative lenders to small businesses and others.…

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10.01.2015

Fire Up Your Business and Client List

A hot client list requires more than just cold calling. For commercial real estate brokers, the cycle of finding new clients, maintaining clients, and gaining referrals sustains their business every day. But there’s no easy…

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10.01.2015

Improving GDP Growth

With our economy growing slowly for nearly a decade, it’s time to promote policies that will spur growth.  While there are always the obvious ones such as reducing government regulation, improving K-12 education and offering…

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09.30.2015

September 2015 Commercial Market Trends

View a New Mexico Market Trends Summary Report, which includes September 2015 Commercial Market Trends. This report includes total number of listings, asking lease rates, asking sales prices, days on the market and total square…

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09.29.2015

Commercial Real Estate Research 2015

This infographic contains a list of the commercial reports NAR's research department has created or contributed to in 2015. More Information Commercial Real Estate Outlook: 2015.Q3 Macroeconomic conditions continued improving at a moderate pace in…

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09.29.2015

Clock is Ticking for Downtown Albuquerque to Lure New Tech Employer

Downtown Albuquerque has had some big wins this year. More breweries are opening in the urban core, new apartments and a grocery store are being built, and Molina Healthcare of New Mexico transitioned 800 employees…

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09.23.2015

LIN September 2015 Properties

At the LIN September 2015 Meeting on September 23, 2015, 16 excellent properties were presented. Thank you for presenting properties and attending the meeting! Thank you to our host, 4001 Jefferson Plaza NE. View September LIN properties here.…

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09.22.2015

Ranking the State on Taxes: New Mexico's Low by Some Measures, High by Others

When it comes to "fair taxes," a new report has ranked New Mexico 38th in the country — meaning that consumers and businesses alike are hit harder here than many other states. According to WalletHub's…

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09.22.2015

Las Cruces Council OK's $28.5M Bond

Money will pay for streets, economic development Las Cruces >> Las Cruces city councilors approved the issuance of up to $28.5 million in debt, which will be repaid over 20 years using revenue from a…

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