05.18.2015
Mayor Wants $1M to Market Albuquerque as a Business Destination
Albuquerque Mayor Richard Berry is seeking $1 million of Economic Development Action Account (EDAct) funding for a marketing campaign that will promote the city as a desirable place to start a business. The mayor made…
Read More05.15.2015
Lease Option or Sale?
What is the economic reality of your transaction? A lease with an option to purchase is a common real estate arrangement. The important income tax question in lease-option transactions is whether the tenant is leasing…
Read More05.10.2015
Register for CCIM NM Real Estate Tax Planning on 6/3/15
June 3, 2015 | 9:15 – 11:15 a.m Albuquerque, NM | 2 CE Credits Requested This two-hour course will update real estate professionals on important tax rules governing real estate transactions as well as planning and…
Read More05.08.2015
Commercial Lending Trends 2015
NAR's 2015 Commercial Lending Trends (PDF link below) Based on the Expectations & Market Realities in Real Estate 2015: Scaling New Heights report—released by Situs, RERC, Deloitte and the National Association of REALTORS®—commercial real estate…
Read More05.07.2015
Issue Summary: Out of State Licensee (OSL) legislation takes effect 1/1/15
Legislation has recently been passed in order to protect brokerage in Wisconsin. The law takes effect on January 1, 2015. Efforts like this are only possible with support for candidates that advocate for legislation that…
Read More05.07.2015
New Senior Housing Project to Open in NE Heights
[caption id="" align="alignnone" width="464"] Courtesy of Rosemann Associates Shown in this computer-generated image is MorningStar of Albuquerque, an assisted living and memory care residential facility currently under construction at 8051 Polomas NE.[/caption] The $8.4 million,…
Read More05.07.2015
NM commuter rail line faces financial burdens
[caption id="" align="alignnone" width="640"] The Rail Runner pulls out of the Santa Fe Railyard earlier this week. (Roberto E. Rosales/Albuquerque Journal)[/caption] When launched in 2006, a New Mexico commuter rail line that would connect Albuquerque…
Read More05.06.2015
May 2015 CCIM Properties
Thanks to all of the brokers, sponsors and guests who attended the May 2015 CCIM Deal Making Session and to those who shared the May 2015 CCIM Properties. Over 22 million dollars of commercial real estate properties…
Read More05.05.2015
Equal pay measure puts ABQ on national forefront
Albuquerque Mayor Richard Berry said Tuesday that the passage of an equal-pay ordinance by the Albuquerque City Council this week puts the Duke City on the national stage regarding the issue. The ordinance is also…
Read More05.05.2015
Commercial Mortgage Originations Up 49 Percent
According to the Mortgage Bankers Association's Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, first quarter 2015 commercial and multifamily mortgage loan originations were 49 percent higher than during the same period last year. Following the…
Read More05.05.2015
AED to CA site selector: Bring 50 companies to NM
SEE CORRECTION AT THE END OF THIS ARTICLE [caption id="" align="alignright" width="176"] Gary Tonjes has hired John Rocca of Los Angeles to recruit West Coast businesses to New Mexico.[/caption] Albuquerque Economic Development has received $80,000…
Read More05.05.2015
Crude-ly Speaking
Historically, the price of West Texas Intermediate Crude (WTI) has always been slightly higher than the price of North Sea Brent Crude, the major benchmark off which two-thirds of the world’s internationally traded crude oil…
Read More05.04.2015
Winrock Town Center has Millennials in Mind
First things first: Gary Goodman isn’t just building a shopping mall. [caption id="attachment_578954" align="alignright" width="400"] A site plan for Winrock Town Center. (Courtesy of Goodman Realty Group)[/caption] Yes, the major earth-moving underway now at Winrock…
Read More05.01.2015
Crowdfunding Grows Up
In just one year, online financing has become an important feature of the commercial real estate scene. Crowdfunding, or using the Internet to solicit funding from online investors, “has grown from a very new concept…
Read More05.01.2015
Read Latest Terra Firma Online Now
Check out the new Winter issue of Terra Firma online from the REALTORS® Land Institute. In the Winter 2015 Edition: Articles on riparian rights, the economic outlook for 2015, easement valuation, and more. Click here…
Read More05.01.2015
Balance the Scales in Commercial Leasing
Business attorney Yasir Billoo explains how brokers can negotiate better leases for tenants in an increasingly tight commercial real estate market. It’s typical for a broker or agent to negotiate the business terms of a…
Read More05.01.2015
A New Round of Growth for ABQ
Commercial Properties + Smart Leaders + Optimism = A New Round of Growth for Albuquerque ABQ The Magazine Article May 2015 Featuring 2015 CARNM President Carl Grending and 2015 CCIM NM President Scooter Haynes With…
Read More05.01.2015
Commercial Forecast: 2015.Q2
May 2015 Commercial Research Commercial Forecast: 2015.Q2 This report includes trends including office, industrial, retail, and multi-family. It also includes Metro Vacancy Rates from large cities throughout the United States. Click here to view trends.…
Read More04.30.2015
Small Commercial Real Estate Market
Introduction NAR’s Commercial Real Estate Market Trends report summarizes sales and rental activity based on a quarterly survey of commercial REALTOR® practitioners[1]. A second report, NAR’s yearly Commercial Lending Survey report provides information on commercial…
Read More04.27.2015
Albuquerque Home to 10th 2030 District in the World!
The grassroots movement to form and launch an ABQ 2030 District is just beginning. Get involved! On Monday, April 27th, Albuquerque becomes home to the tenth 2030 District established in the World! An official charter signing…
Read More04.22.2015
LIN Roundtable Results – April 2015
On April 22, 2015, roundtable questions were distributed at the Leasing Information Network for the three market segments discussed: Industrial, Office, and Retail. Link to Results.
Read More04.21.2015
Congress passes "Tenant Star" Legislation
On Tuesday, April 21, the House of Representative passed S.535, the "Energy Efficiency Improvement Act of 2015." More commonly known as the "Tenant Star" bill, it was sponsored by Senators Portman (R-OH) and Shaheen (D-NH)…
Read More04.20.2015
Register for CCIM Foundations for Success on 4/30/15 – 5/1/15
CCIM Foundations for Success Course 10 CE Credits! April 30 - May 1, 2015 | 8:30 a.m. - 5:00 p.m. Albuquerque, NM This two-day, case study-driven course provides agents, brokers, students, and…
Read More04.17.2015
Innovate ABQ RFP sets deadline for developer
On Friday, the University of New Mexico released its long-awaited request for proposals for the Innovate ABQ site. [caption id="" align="alignright" width="304"] University of New Mexico An artist conception in the RFP released Friday of what…
Read More04.14.2015
Why Your Rent Will Rise Again This Year
[caption id="" align="alignnone" width="366"] In this March 18, 2015 photo, visitors arrive for the grand opening of Gibson Santa Monica, a new luxury apartment building in downtown Santa Monica, Calif. The average U.S. rent has…
Read More04.03.2015
Right to Work Backers Vow Continued Push
A high-profile push to approve a New Mexico right to work law stalled during the recent 60-day legislative session, but the issue appears likely to be back next year — both in the Roundhouse and…
Read More04.01.2015
2% is the New 3% – GDP Growth
Last year, GDP growth was a mediocre 2.4%. While it was the best growth since 2010 when GDP growth was a “sparkling” 2.5%, it means yet another year, the ninth in a row, of sub…
Read More04.01.2015
Commercial Issues and Actions: April 2015
National Association of REALTORS® Issue Brief Commercial Real Estate – Top Priorities and Commercial Issues and Actions: April 2015 Full briefs on each issue can be accessed by going to www.realtor.org/political-advocacy 1031 LIKE KIND EXCHANGES: During…
Read More04.01.2015
April 2015 CCIM Properties
Thanks to all of the brokers, sponsors and guests who attended the April 2015 CCIM Deal Making Session and to those who shared the April 2015 CCIM Properties. Over 23 million dollars of commercial real estate properties…
Read More04.01.2015
Commercial Real Estate Loans – 4/16/15
CARNM Commercial Real Estate Loans 3 CE Credits! April 16, 2015 | 8:15 - 11:30 a.m. State Bar of NM | 5121 Masthead NE Print Flyer Learn the many options for financing investment commercial…
Read More03.31.2015
Drones and NAR
March 31, 2015 Click here to view video outlining proposed rules. The Federal Aviation Administration has issued its long-awaited proposed rules on using drones for a commercial purpose. Watch this month's Window to the Law…
Read More03.30.2015
NM No. 1 in Dependency on Federal Funds
When the federal government sneezes, New Mexico catches cold. A new ranking of states based on their economic dependence on federal spending identifies New Mexico as the number one most dependent state, which is not…
Read More03.30.2015
Amtrak Will Keep New Mexico Route For Southwest Chief
Amtrak will stay on track with the existing New Mexico route for the Los Angeles-to-Chicago Southwest Chief, according to a report in the Santa Fe New Mexican. As early spring softens into the tourist season,…
Read More03.27.2015
NM Adds Nearly 16,000 Jobs Over the Past Year
New Mexico’s job picture in February had its best showing in nearly a decade, with employment growing at 2 percent or 15,900 jobs compared to the same month a year earlier, according to the state…
Read More03.26.2015
Opponents Rally Against Santolina Development
[caption id="" align="alignnone" width="505"] Joseluis Ortiz of Albuquerque drives a tractor as he leads opponents of the proposed Santolina development master plan on Fourth Street to the Bernalillo County Commission special zoning meeting at One…
Read More03.26.2015
Santolina Decision Postponed by BernCo Commissioners
After hours of pitches and public comment over two days of hearings, Bernalillo County commissioners decided to delay a vote on approving the first level of the proposed Santolina master plan. Santolina would be developed…
Read More03.23.2015
March 2015 Commercial Market Trends
View a New Mexico Market Trends Summary Report, which includes March 2015 Commercial Market Trends. This report includes total number of listings, asking lease rates, asking sales prices, days on the market and total square…
Read More03.20.2015
Important Legislation: Take Action Today
RANM needs your help! We need you to send word to your Representative in the New Mexico House that they need to vote YES on HB380. HB380, a bill that amends the Homeowners Association (HOA)…
Read More03.20.2015
ABQ Ranks in Middle for Construction Job Growth
The Albuquerque metro area ranked 184 out of 358 metros across the country for its rate of job growth in the construction sector during January, adding 600 jobs or 3 percent compared to a year…
Read More03.18.2015
LIN March 2015 Meeting Properties
At the LIN March 2015 Meeting on March 18, 2015, fourteen excellent properties were presented. Thank you for presenting properties and attending the meeting! Thank you to our host, 5400 Central Ave NE. View March LIN properties here.
Read More03.18.2015
Apartment Spotlight: Six Markets Tie for Year over Year Vacancy Declines
Commercial fundamentals improved in the fourth quarter 2014, with rising net absorption driving rents higher across the major property types. As employment gains are expected to continue into 2015, demand for commercial space is expected…
Read More03.17.2015
NM Employment Picks Up in January
The job picture in New Mexico brightened in January, with nine of 14 employment sectors contributing to a year-over-year gain of 10,200 jobs around the state, according to a report issued Tuesday by the Department…
Read More03.17.2015
Education Opportunity: Free 60 Minute Webinar
FREE 60 Minute Webinar First Look at 2015: Early Economic Forecast for Property Managers March 24, 2015 | 12 NOON MT Register Online 2014 was a breakout year for the economy and the rental market…
Read More03.15.2015
Big Data
What does it mean for corporate commercial real estate users? Long before brokers, investors, and other commercial real estate professionals embraced smartphones and tablets, commercial real estate was a data-driven business, even if many of…
Read More03.15.2015
Cap Rate Variations
Everyone in real estate knows how to calculate a cap rate - or do they? Commercial real estate professionals live and breathe capitalization rates. Every trade publication, market participant, and third-party report relating to real…
Read More03.15.2015
Stalled Out – Office Leasing
Office leasing could use a charge in smaller markets. The recovery in the office market has been painfully slow in the majority of metros across the U.S. But a strengthening economy and more robust job…
Read More03.15.2015
Creating Value
Use real estate leases effectively in Chapter 11 situations. Owner-occupied real estate can be an untapped source of balance-sheet value for bankrupt companies. Such real estate assets provide a potential catalyst for exiting bankruptcy successfully…
Read More03.14.2015
Rio Rancho Council Backs Paseo del Volcan Completion
The Rio Rancho Governing Body has taken a stand in support of the effort to complete Paseo del Volcan, albeit on a split vote. Governing body members voted 4-2 in favor of a resolution supporting…
Read More03.10.2015
Senate Committee Tables Right to Work Bill
[caption id="" align="alignnone" width="502"] Sen. William Sharer, R-Farmington, left, and Rep. Dennis Roch, R-Logan, defend Roch’s right-to-work bill Tuesday before the Senate Public Affairs Committee. (Eddie Moore/Albuquerque Journal)[/caption] SANTA FE – A New Mexico right…
Read More03.09.2015
Right-to-Work Takes Spotlight at Legislature
[caption id="" align="alignnone" width="546"] Hundreds of union members and supporters file into the state Capitol in Santa Fe on Sunday to attend a hearing on high-profile right-to-work legislation.[/caption] SANTA FE – Debate over a…
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