02.24.2014
Warren Buffett Annual Letter: What You Can Learn from My Real Estate Investments
In an exclusive excerpt from his upcoming shareholder letter, the Warren Buffett annual letter looks back at a pair of real estate purchases, the lessons they offer for equity investors, and what we can learn…
Read More02.24.2014
Commercial Real Estate Bills on Governor's Desk!
Our three New Mexico commercial real estate bills - Broker Lien Bill, Foreign Broker Bill and Copper Theft Bill - ALL passed through House and Senate and are onto the Governor's Desk! This is the…
Read More02.24.2014
Top Issues for Industrial Users: Flexibility Re-Use
WASHINGTON, DC-Corporate real estate professionals are concerned about flexibility re-use of their industrial portfolio. That was one of the major findings in a recent survey by Peachtree Corners, GA-based Industrial Asset Management Council and the…
Read More02.24.2014
Commercial Real Estate Outlook is Positive but Moderating
The commercial real estate outlook in marketing fundamentals is positive but moderating, as they continue to improve but at a slower pace, according to the National Association of Realtors® quarterly commercial real estate forecast. Lawrence Yun,…
Read More02.23.2014
Five Retail Trends to Watch in 2014
More than 2,000 local retailers, developers and franchisees gathered at the Gaylord National last week to discuss the changing retail industry as part of the International Council of Shopping Centers’ annual Mid-Atlantic Conference. Here are…
Read More02.19.2014
Real Estate Infographic: The Cautious Real Estate Recovery
Speaking generally and in nationwide terms, the commercial real estate market has been undergoing steady, uneven improvement for at least three years. What are the indicators of this recovery? CIT in association with Forbes Insights…
Read More02.18.2014
NAR REALTOR® Party Convention & Trade Expo
IMPORTANT ANNOUNCEMENT FROM NAR The Midyear Legislative Meetings & Trade Expo has a new name! Introducing the REALTOR® Party Convention & Trade Expo. Click here to learn more about this exciting change. And visit the REALTOR® Party Convention &…
Read More02.14.2014
Commercial Real Estate Issues And Actions – February 2014
This recently updated whitepaper gives you the latest updates on legislation that affect commercial real estate. Read the National Association of REALTORS® position on different legislative issues and the impact they have on the commercial real…
Read More02.12.2014
County Commissioners Approved $1 million for 'Innovate ABQ'
Bernalillo County commissioners on Tuesday approved a $1 million contribution toward the “Innovate ABQ” project aimed at boosting economic development. The money was approved 4-0, with Commission Chairwoman Debbie O’Malley absent because of illness. The…
Read More02.12.2014
Businessmen Plan to Buy Rio Rancho Country Club
Chamisa Hills Country Club could have a new owner by early spring, ending months of uncertainty over the fate of the 40-plus-year-old golf course and related properties. Rio Rancho businessman Bob Gallagher said he and…
Read More02.08.2014
REALTOR Speaker Series: 2014 Commercial Market Outlook Video
REALTOR University Speaker Series: 2014 Commercial Market Outlook: Highlights Video This video contains highlights of Dr. Calvin Schnure's talk about the commercial market outlook for 2014 and the trends of 2013. He speaks about REITs…
Read More02.06.2014
Copper Theft Bill Update
Copper Theft Bill - Legislation Update Because we know all too well how serious an impact copper theft is having on our customers, our community and the grid, PNM has been working with many stakeholders…
Read More02.05.2014
February 2014 CCIM Properties
Thanks to all of the brokers, sponsors and guests who attended the February CCIM Deal Making Session. More than 25 million dollars of commercial real estate properties available for sale were presented from all over…
Read More02.03.2014
Foreign Broker Bill Update
Dear CARNM Member, We wanted to make you aware of a bill that has been submitted to modify last year’s Real Estate Commission Bill. As you will recall, last year’s bill eliminated the concept of Foreign Brokerage…
Read More02.01.2014
2014 Economy Heats Up
Affordability is expected to take a hit next year as home prices and interest rates continue to head up as the 2014 economy heats up. The upbeat real estate market news we received in 2013…
Read More02.01.2014
Legislative Outlook for Commercial Real Estate in 2014
Can commercial real estate afford another year of gridlock? What is the legislative outlook for commercial real estate in 2014? Peering over a fiscal cliff is not a comforting way to begin a new year.…
Read More02.01.2014
Interest Rate Movements: What are They Telling Us?
Over the last eight months interest rates have gyrated more dramatically than in years. This process has not only whipsawed investors but seriously called into question the nascent housing recovery. After all, how can housing…
Read More02.01.2014
Commercial Issues and Actions
NAR Commercial Issues Brief - February 2014 Issue: Alternative Minimum Tax (AMT): On January 2, 2013, President Obama signed into law the American Taxpayer Relief Act, providing a permanent "patch" that prevents tens of millions…
Read More01.31.2014
BLS 8-Year Job Growth Projections: Healthcare And Retail Top The List
The US Bureau Of Labor Statistics have issued fresh job growth projections for the positions with the most job growth over the next eight years. These numbers hit the web in December and I caught up…
Read More01.30.2014
For the Love of Cities and Community
Community development consultant and author Peter Kageyama's new book "For the Love of Cities" uses economic, social and psychological perspectives to look at cities and property markets to uncover the relationships that drive value. Peter…
Read More01.27.2014
January 2014 Commercial Market Trends
January 2014 Commercial Market Trends in New Mexico View a New Mexico Market Trends Summary Report, which includes January 2014 Market Trends. This report includes total number of listings, asking lease rates, asking sales prices,…
Read More01.26.2014
Rio Rancho Governing Body Will Review Area Plans
Rio Rancho Governing Body members have decided to host work sessions review city area plans and any recommended changes. They reached that consensus after a presentation by Councilor Chuck Wilkins at their meeting Wednesday at…
Read More01.21.2014
Albuquerque Metro Commercial Real Estate a Mixed Bag
The Albuquerque metro area’s economy continues to play out in the commercial real estate market, reflecting in bricks and mortar the challenge of rebuilding the labor force while pink slips continue to be handed out.…
Read More01.17.2014
NAR Comments on Tax Reform Draft
On Jan. 16, 2014, NAR joined with a group of 18 other real estate associations in sending a comment letter to Senate Finance Committee Chairman Max Baucus (D-MT) regarding a staff discussion draft released by…
Read More01.15.2014
NAREIM: Uncertainty, Innovation, and The Future of Real Estate Investing
National Association of Real Estate Investment Managers (NAREIM): Uncertainty, Innovation, and The Future of Real Estate Investing In times of disruptive change, new winners and new losers are often revealed. The question often becomes, how…
Read More01.14.2014
Lease Language
The road to litigation is paved with creative clauses. Although the basic ingredients for commercial leases are the same, they can vary widely in length and number of issues covered. While many aspects of landlord-tenant…
Read More01.14.2014
Obamacare Packing Medical Offices Spurs Deal Surge
Obamacare and an aging U.S. population are spurring purchases of medical office buildings, with investors sending prices to a record on bets that Americans’ demand for health services will increase. Sales of properties leased by…
Read More01.14.2014
Latest Data on Retail Sales
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the latest data on retail sales. Retail sales squeaked…
Read More01.13.2014
Showrooming Left in the Dust as Shoppers Go Online
Mission accomplished—or at least, on the right track. According to a new study, efforts to eliminate showrooming from shoppers' behavior paid off in 2013, as a significantly smaller dollar amount was spent by shoppers who…
Read More01.12.2014
Are Commercial Mortgages the Next Big Thing for Hedge Funds?
Gleaming office towers, corporate office parks and big box retail stores could be the next big thing for Wall Street traders. Some of the smart money certainly thinks so. Hedge funds focused on buying and…
Read More01.10.2014
The Latest on Employment Conditions
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the latest data on the unemployment rate. The unemployment…
Read More01.10.2014
Medical Office Building Sector Prepares for Changing Industry
As the number of Americans over age 65 climbs to more than 18 million in the next decade, industry experts predict shifting demands for medical office facilities, according to Marcus & Millichap's 2013 Medical Office…
Read More01.08.2014
State and Metro Employment Conditions
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the latest in employment conditions. The national economy continues…
Read More01.08.2014
January 2014 CCIM Properties
Thanks to all of the brokers, sponsors and guests who attended the January CCIM Deal Making Session. More than 20 million dollars of commercial real estate properties available for sale were presented from all over…
Read More01.04.2014
New Higher Education Center Construction Begins in January
In January, Santa Fe Community College and the construction firm McCarthy New Mexico begin work on the college’s Higher Education Center. The 34,000-square-foot building is being developed on approximately 5 acres at the southeast corner…
Read More01.03.2014
SEC Deregulation for Commercial Real Estate Investments
As mentioned in these pages last year ("Realty Mogul Reaches $10 Million Crowdfunding Benchmark"), recent SEC deregulation has cleared the way for commercial real estate investments to seek capital from individual investors with fewer requirements than…
Read More01.01.2014
Economic Forecast for 2014: Steady Improvement
The economic landscape for 2014 looks pleasantly solid. The American economy should continue to improve, unemployment rates should keep falling, house prices should rise by about 6% to 7% from current levels, and the manufacturing…
Read More12.31.2013
Don't Get Suspended!
Renew your CARNM Dues by 1/23/14 to avoid suspension! Email, fax or mail to renew your CARNM Membership! Online payments are no longer available and the discount has expired. Contact us at (505) 503.7807,…
Read More12.29.2013
Construction Projects Highlight Dona Ana County's Optimistic 2014
LAS CRUCES - A better working relationship with Dona Ana County government and local school boards is the New Year's resolution city officials should pursue, Mayor Ken Miyagishima said. Shrinking funding sources -- which will…
Read More12.27.2013
Copper Theft and Commercial Real Estate
Copper theft is not a victimless crime – and it is not a trivial crime. Copper theft is a premeditated act that puts lives at risk on a daily basis and causes millions of dollars…
Read More12.23.2013
December 2013 Commercial Market Trends
December 2013 Commercial Market Trends in New Mexico View a New Mexico Market Trends Summary Report, which includes December 2013 Market Trends This report includes total number of listings, asking lease rates, asking sales prices, days…
Read More12.21.2013
UNM Regents Give OK To First Step Toward New Downtown Facility
ALBUQUERQUE-The University of New Mexico Board of Regents voted Friday to move forward with acquiring the First Baptist Church property Downtown for UNM's Innovate ABQ initiative. The vote followed a lengthy discussion at a special…
Read More12.20.2013
Scientists Meet on EPA Water Rule
Connection Between Wetlands and Streams and Downstream Waters: Key Development: A Science Advisory Board panel will recommend the EPA consider the degree of connections that wetlands and streams have with downstream waters in a draft scientific…
Read More12.17.2013
Commercial Real Estate Recovery to Accelerate in 2014
Jones Lang LaSalle's (JLL) research experts have polished off the firm's crystal ball and it reveals a clear path to stronger performance expectations for commercial real estate in 2014. The firm's top researchers believe the…
Read More12.16.2013
The Latest on Industrial Production Economic Indicators
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the latest on industrial production data. Manufacturing production set…
Read More12.13.2013
Working With Banks to Secure Commercial Real Estate Loans
A podcast featuring Ted Blank, CCIM. Includes pointers on what to do before approaching banks for commercial real estate loans. By: Ted Blank (National Association of REALTORS®) Click here for source podcast
Read More12.02.2013
Commercial Fundamentals Notch Steady Gain in 3rd Quarter 2013
While we are still grappling with the delays from October’s government shutdown, the estimates for third quarter economic output show much of the same. Gross domestic product rose at an annual rate of 2.9 percent…
Read More11.30.2013
10 Ideas to Save Money for Commercial Real Estate Landlords
The bad news is that commercial real estate investment property costs increased when taxes increased in January. Interest rates have also increased. The good news is that savvy commercial real estate landlords can take proactive…
Read More11.23.2013
ABQ Still a Beleaguered Commercial Real Estate Market
Downtown’s beleaguered office real estate market, carrying a close to 30 percent vacancy rate, has given the Albuquerque metro area one of those undesirable number rankings, according to a presentation Monday at a luncheon meeting…
Read More11.22.2013
New Mexico Economic Data
New Mexico’s seasonally adjusted unemployment rate was 6.6 percent in October 2013, down from 6.7 percent in September and also down from 6.8 percent a year ago. The rate of over-the-year job growth, comparing October 2013…
Read More
