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Commercial Association of REALTORS® - CARNM New Mexico

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07.10.2014

STC.UNM Signs Two New Deals

STC.UNM has signed two new agreements that could bring several new technologies, from new biotech to new pesticides, to market. The new agreements, with Accelera Diagnostics and EcoPesticides, have the potential to use technology developed…

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07.08.2014

Luxury Train Service- X Train – Rolling Into Santa Fe in August

The Santa Fe Southern Railway will be back on track with a new luxury train service — including a gourmet dining car and a party parlor — by the end of August. (Take a peek…

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07.07.2014

July 2014 CCIM Properties

Thanks to all of the brokers, sponsors and guests who attended the July 2014 CCIM Deal Making Session. Over 20 million dollars of commercial real estate properties available for sale were presented from all over New…

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07.02.2014

What’s Down the Road for Rio Rancho

What’s next for the City of Vision? The Society for Marketing Professional Services’ New Mexico chapter is hosting an event that asks that question. Topics include opportunities for construction, architecture and engineering and the prospect…

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07.02.2014

Smart Buildings' Technology Yields Measurable ROI

The world is getting smarter: Smart phones, smart cars, smart devices, and smart cards are the new norm. If our buildings don’t become smarter too, they’ll fall behind in today’s technology-driven world. Smart buildings are…

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07.02.2014

Brookings: Albuquerque in Double-Dip Recession

The Albuquerque metropolitan area is in the midst of a double-dip recession, the Brookings Institution reported Wednesday. The area is dead last among the 100 largest U.S. metro areas in terms of its recovery from…

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07.02.2014

Presbyterian's North I-25 Move Bumps Albuquerque's Office Vacancy

The New Mexico office of CBRE reported a 21.1 percent office vacancy rate in the Albuquerque area, up from 19.4 in the first quarter, signaling that the office vacancy rate continues to be flat as…

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07.01.2014

Albuquerque- North 4th Street site picked for development

The city of Albuquerque and Bernalillo County are joining funding forces to develop a 4.3-acre site at 3525 Fourth Street NW, near Candelaria Road. The property would be a mix of workforce housing and commercial…

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07.01.2014

Register for CARNM Golf Tournament

July 17, 2014 8:00 a.m. - 2:00 p.m. Proceeds benefit Explora! Location:  Paa-Ko Ridge Golf Course Print flyer or register online 

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07.01.2014

Commercial Real Estate Market Survey

Welcome! It only takes a few minutes.  Your information, comments and feedback are important and are helping to inform members, consumers, policymakers and the media. The results of the survey will be available to you…

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06.30.2014

June 2014 Commercial Market Trends

June 2014 Commercial Market Trends in New Mexico View a New Mexico Market Trends Summary Report, which includes June 2014 Market Trends. This report includes total number of listings, asking lease rates, asking sales prices, days…

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06.25.2014

Multifamily Sector Dodges Warnings

The multifamily market continues to post strong gains, despite warnings from analysts as early as 2011 saying that the sector was heading for a cool-down from competition over recovering home prices, The Wall Street Journal…

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06.24.2014

P3: Federal Property and Public/Private Partnerships

A few days ago, Stephanie Spear,  NAR’s Policy Representative for Commercial Real Estate attended the 3rd Annual Washington DC Federal Property & Public/Private Partnerships Summit put on by Bisnow.  As Stephanie was kind enough to share…

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06.23.2014

Recession Recovery: Cities that Have Improved the Most

The Great Recession began in December 2007 when the U.S. housing market was hit hard by subprime mortgage losses. The fallout led to a decline in consumer spending and business investment, which was followed by…

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06.23.2014

Utah Governor Joins New Mexico Governor to Discuss Economic Development

Utah Governor Gary Herbert shared his thoughts on how to turn a statewide economy around on Monday at NAIOP's monthly luncheon. Herbert, the Republican Governor of Utah since 2009, has presided over significant growth in that state. New…

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06.20.2014

RPR Commercial – What's the Best Retail Business Location?

Whether consulting on investment opportunities, working with an economic development authority on a redevelopment project, or helping fill a vacant space for a building owner, RPR Commercial assists you in determining what businesses would be…

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06.19.2014

Natural Disaster Risk in New Mexico

Historical data show vast swaths of eastern New Mexico remain at a “very low risk” rating for the big three natural disasters — earthquakes, tornadoes and hurricanes — while most of the rest of the…

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06.16.2014

Open Emails Cautiously

Reminder: Always use caution when opening emails, even from a trusted source.

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06.15.2014

Reauthorize The Terrorism Risk Insurance Act

Why it Matters: Due to expire at the end of 2014, TRIA is critical to securing financing in commercial real estate; without it, property values may drop and construction and development may stall. Get up…

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06.15.2014

The CRE 2014 Top Ten Issues Affecting Real Estate

Energy, jobs, and the far-reaching influence of the Millennial generation are the issues that will have the most significant impact on real estate both near-and long-term, according to The Counselors of Real Estate® organization. The…

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06.15.2014

Dossier: New Mexico Highlight – June 2014

Dossier, Hemispheres’ Economic-Development series, created by United Airlines, features an in-depth overview of a region, including the unique initiatives that shape its industry and commerce as well as its influence on today’s global economy. United…

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06.15.2014

Accessibility Litigation

Is ignorance really bliss? The number of lawsuits filed against business owners based on violations of the Americans With Disabilities Act and Federal Housing Administration accessibility requirements grows every year. The best way to avoid…

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06.12.2014

Economic Forecast for 2nd Half of 2014: Increasing Momentum, Reduced Headwinds for 2014 Economy

Despite GDP growth stalling in Q1 due to the Polar Vortex, slower inventory accumulation and mildly lower exports, the economic recovery remains intact. The anemic performance of the US economy from January through March was…

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06.09.2014

Commercial REALTOR® Markets Experience Rise in Rental Rates

Commercial fundamentals continued to strengthen in REALTOR® markets, as rental rates increased and demand for space accelerated during the first quarter. Commercial leasing rose 5.0 percent over the fourth quarter 2013, following a moderate 0.4…

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06.05.2014

REALTOR® Commercial Sales Rise 11% in First Quarter

Despite disappointing economic performance and severe winter weather in parts of the country, commercial REALTORS® reported broad-based market improvements in the first quarter 2014. In keeping with the upward momentum in the markets, REALTORS® rated…

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06.04.2014

Apartment Rents Growing Faster in Secondary Markets

Apartment rents will grow faster in many secondary markets than in the top primary markets like New York City and Los Angeles, according to 2014 projections from data firms Reis Inc. and Pierce Eislen. “There has…

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06.04.2014

June 2014 CCIM Properties

Thanks to all of the brokers, sponsors and guests who attended the June CCIM Deal Making Session. About 36 million dollars of commercial real estate properties available for sale were presented from all over New Mexico. 1.…

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06.04.2014

Washington Area Landlords offer Wellness Perks for Corporate Tenants

Outdoor conference rooms. Employee fitness centers. Workplace health fairs and kitchens stocked with healthy snacks. The latest wellness tactics by a Washington employer? Nope. It’s the landlord. With amenities like attractive lobbies or ample parking…

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06.01.2014

Cycle 4 Code of Ethics Due December 31, 2016

All REALTORS® have until December 31, 2016 to complete Cycle 4 Code of Ethics.  Why not get a head start and earn 2 CE credits! To take the FREE National Association of REALTORS® online course,…

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05.30.2014

How TRIA and 1031 Like-Kind Exchanges Protect Future Development

Terrorism Risk Insurance Act Reauthorization Unless Congress takes action, the “Terrorism Risk Insurance Act of 2002,” (TRIA) expires at the end of 2014. TRIA created a federal reinsurance program following the September 11, 2001 terrorist…

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05.28.2014

Intel NM Loses Next-Generation Investment

Intel Corp.'s Rio Rancho operation has been passed over again for next-generation nanometer chip technology, but the plant remains an integral part of the company's global production chain, according to New Mexico site manager Kirby…

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05.28.2014

May 2014 Commercial Market Trends

May 2014 Commercial Market Trends in New Mexico View a New Mexico Market Trends Summary Report, which includes May 2014 Market Trends. This report includes total number of listings, asking lease rates, asking sales prices, days…

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05.27.2014

Led by Multifamily, Improvement Seen in All Commercial Real Estate Sectors

WASHINGTON – The outlook for all of the major commercial real estate sectors is slightly improving despite disappointing economic growth during the first quarter of 2014, according to the National Association of Realtors® quarterly commercial…

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05.23.2014

Presbyterian Rust Medical Center to Begin Construction on New Patient Tower

Construction is scheduled to begin May 27 on Presbyterian’s massive expansion at its Presbyterian Rust Medical Center in Rio Rancho. General contractor McCarthy Building Cos. will build an $80 million six-story patient tower with 120…

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05.22.2014

Add Value by Using 1031 Exchanges

Rochelle Stone, founding partner of Starker Services, Inc., discusses how 1031 Exchanges help add value for your clients by deferring capital gains taxes and even avoiding needless taxes. Posted: May 22, 2014   Runtime: 15:20…

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05.21.2014

UP Railroad: New Mexico Now on Map as Logistics Hub

Union Pacific Railroad (UP Railroad) has just completed the initial build-out of its $400 million Santa Teresa rail facility, and the size and scope of work done since 2011 is unlike anything else in the…

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05.20.2014

Another National Monument in New Mexico

President Obama announced that he will sign a proclamation designating the Organ Mountains-Desert Peaks in southern New Mexico as another national monument in New Mexico on Wednesday. Sens. Tom Udall (D-NM) and Martin Heinrich (D-NM), both of whom had…

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05.20.2014

Commercial Real Estate Market Posts Gains Across the Board

The commercial real estate market continues to rebound, showing steady gains in pricing and transaction activity in all major property types throughout the country, according to the latest CoStar Commercial Repeat Sales Indices report. First-quarter…

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05.19.2014

Dixon's Apple Orchard Dispute Resolved; Former Operators Get $2 Million

Mud covered this house at Dixon's Apple Orchard after monsoon floods followed a wildfire in 2011. (DEAN HANSON/JOURNAL) The legal mess that resulted from the destruction of northern New Mexico’s famous Dixon’s Apple Orchard by…

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05.19.2014

City Invests $1.9 Million in ABQid

The city of Albuquerque is poised to give $1.9 million to the new ABQid business accelerator program, Mayor Richard Berry said during a keynote speech at a NAIOP luncheon Monday. The money will come from…

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05.15.2014

Adding Value to Office Space

Companies may be willing to spend more on their workspace these days, but developers and real estate pros need to know what will entice the tenants of the future. Commercial real estate practitioners know that…

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05.15.2014

Realtors® Declare Confidence in Commercial Market

WASHINGTON — Realtors® who specialize in commercial real estate expressed confidence and optimism in the commercial market during a forum at the REALTOR® Party Convention & Trade Expo. Despite a sluggish economy, commercial practitioners are…

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05.15.2014

Don't Rule Out Multifamily Investment

Investors looking for single-family rentals are running into supply issues, but that doesn't mean they're out of luck; they just need to look outside the box. Over the past few years, institutional investors have gobbled…

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05.12.2014

June Vote to Kickstart Las Cruces Civic Plaza Project

Las Cruces city councilors seemed OK Monday with a basic plan for the city entering into a deal with developers to buy land and build a Las Cruces civic plaza in the downtown area. City…

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05.08.2014

Providing Value and Increasing Income Through Corporate Real Estate Services

David Wilk, Product Council Chair of Corporate Real Estate with Sperry Van Ness, speaks about the corporate real estate services market and using a "what can I do for you" approach to securing clients for…

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05.07.2014

May 2014 CCIM Properties

Thanks to all of the brokers, sponsors and guests who attended the May CCIM Deal Making Session. Nearly 24 million dollars of commercial real estate properties available for sale were presented from all over New…

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05.06.2014

Legal Cannabis and Commercial Real Estate: A Budding Industry (CannabisRx)

The US is in the middle of a major evolution in policy concerning cannabis. In an era of legal supply and demand for pot, where are the commercial property opportunities? In twenty-one of the fifty states, marijuana…

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05.06.2014

REALTORS® Report – Positive Outlook

WASHINGTON – REALTORS® Report Positive Outlook in Commercial Market with Increases in Sales Volume, Income REALTORS® who practice commercial real estate reported an increase in sales transaction volume and medium gross annual income last year,…

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05.05.2014

Super Downtown? City Embarks on Massive Plans for Downtown Albuquerque

If the city’s Downtown Albuquerque plans coalesce as hoped, could the real and perceived barriers between the corridor and East Downtown melt away? Last week, the city announced a slew of plans to revitalize Downtown.…

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05.01.2014

Beijing Balancing: Chinese Economy

Much has recently been made of the notion that the Chinese economy has enough serious structural problems that chances are good it will experience a “hard landing,” defined as economic growth quickly slowing from 7.5%…

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