09.24.2010
Q3 2010 PricewaterhouseCoopers Survey Findings
With commercial real estate fundamentals still ailing from the recession and lacking clear signs of near-term improvement, investors remain focused on core assets and proven markets, according to the third quarter 2010 findings of PricewaterhouseCoopers'…
Read More09.18.2010
Is the FED Out of Ammunition?
Six authorities are asked their opinions on monetary policy, and what the Fed should do next. To read the differing suggestions on policy, click - Read more...
Read More09.18.2010
Prepare for 2011!
One of the NAR Commercial panels at the Annual Conference & Expo is, The Distressed Market: 2010 & the Year Ahead. Attend and listen to real life insights and proven revenue-generating solutions. Hear about timing,…
Read More09.02.2010
Market Not Uniform but Q2 Commercial Properties Prices Rose
Commercial property prices rose by 2.2 percent in the three months that ended in June, as measured by the Investment Property Databank US Quarterly Property Index. The milestone data ends a phase of writedowns that…
Read More08.30.2010
NAR Survey Shows Mixed News for Commercial Market
In the first quarter of 2010, more than half of commercial REALTORS® responding to the NAR survey indicated that they had completed a commercial sales transaction. The average transaction value was $1.2 million. But sales,…
Read More08.30.2010
Retail Spaces Lead Drop in U.S. Commercial Property
The Moody's/REAL Commercial Property Price Index dropped 4 percent from May, the company said today in a report. The decline was the biggest since July 2009, and pushed the gauge down 0.9 percent from the…
Read More08.19.2010
Right Tools, Right Now – No-Cost Wealth Attraction Marketing Archived Webinar
Uncover powerful take-away FREE strategies from Right Tools, Right Now that will get prospects calling you. This webinar from July will help you create effective marketing that touches your customers' emotions and prompts prospects to…
Read More08.19.2010
FED Survey Shows Lending Improving
Financial institutions are continuing to show limited signs of a greater willingness to lend to businesses, according to a survey released last week by the Federal Reserve Board. Overall, seven out of the 57 U.S.…
Read More08.19.2010
Just Launched – NAR Commercial's First Virtual Book Club
The first read in the new club features Bob Potter, an NAR Commercial Signature Series Speaker and expert on third-level selling. In his book, Bob shares why you should stop competing on price and find…
Read More08.16.2010
Study Finds Commercial Retrofits Could Save $41B Annually In Energy Costs
Although energy-efficient retrofitting of commercial buildings has the potential to return twice as much in savings to owners and tenants as they require in investments, interest in pursuing retrofits has remained relatively low, dampened by…
Read More08.05.2010
Moody Ranks Albuquerque Among Top Ten Healthiest Commercial Markets
According to a copyrighted story in Monday's™ Albuquerque Journal's™ Business Outlook, Moody's™ recently released Red-Green-Yellow Update indicates the Albuquerque commercial real estate market showed significant improvement from early 2009 to early 2010. Albuquerque's™ apartment market…
Read More07.29.2010
Bernanke Implores Community Banks to Lend More
Federal Reserve chairman Ben Bernanke said banks across the country are systematically denying loan requests from financially credible small businesses. In a speech last week, he urged banks to lend to to small businesses, saying…
Read More07.22.2010
Colliers Principal Thinks Worst is Over
The Midwest industrial sector is showing some improvement. The vacancy rate for Chicago industrial property fell for the first time in ten quarters to 11.09%. Colliers David Bercu thinks the picture is somewhat promising and…
Read More07.21.2010
Commercial Real Estate Largely Through the Free Fall
Regulators are keeping a close eye on bank portfolios where commercial property loans make up more than 300% of total risk-based capital, excluding loans where the borrower owns the office or plant it occupies. Some…
Read More07.07.2010
LIN Marketing Meeting
DATE July 28, 2010 TIME 7:30 a.m. - 9:00 a.m LOCATION 6001 Indian School Road NE, Suite 250 DESCRIPTION These meetings are held at a different property monthly on the last Wednesday. The hosting broker…
Read More07.07.2010
Small Business Lending Bill Advances to Senate Floor
NAR is urging the Senate to OK legislation that would create a $30 billion small business loan fund. NAR also wants the bill to allow credit unions to increase loans to commercial real estate. Similar…
Read More07.01.2010
504 Loans – The Good, Bad and Ugly
With the weak economy deterring many small businesses from expanding, demand for SBA loans plummeted: Last year, the SBA approved $3.8 billion in 504 loans, down 28% from 2008 and 40% from 2007. Now, hoping…
Read More07.01.2010
Brokers Relate Retail Struggles
Midwest REALTOR James Schutter isn't alone in working much harder for the commercial business he closes on these days. The consensus reamains that the market is likely to take a couple of years to recover…
Read More06.25.2010
Commercial Market May Have Hit Bottom
Daily Real Estate News | June 22, 2010 Commercial real estate may finally be climbing up off the mat, with both sales and values increasing in April. Read more...
Read More06.16.2010
Changes to Lead Based Paint Renovation Rules Effective July 6
The Environmental Protection Agency's (EPA) Lead-Based Paint Renovation, Repair and Painting Rule (Rule) took effect April 22, 2010. Due to challenges to the new Rule, the EPA made changes to the Rule. Changes take effect…
Read More06.11.2010
Retrofitting — Some Skeptical
Retrofitting buildings is considered the low-hanging fruit in carbon reduction, but despite its simplicity, it is still not mainstream. Read what Deutsche Bank execs say the obstacles to making these practices go mainstream is --…
Read More06.11.2010
Commercial REITs Making Big Gains
The stocks of New York-centric commercial REITs have been big winners as the economy improves. In the last 12 months, Vornado Realty Trust (VNO) has jumped by 60%; Boston Properties (BXP) gained around 60%; And…
Read More06.03.2010
Orlando Sentinel Reports on NAR Commercial Profile
Downturns in the commercial market have hit the incomes of commercial practitioners, particularly those new agents and associates trying to break into the business. The median dollar volume for lease deals was $330,200 last year…
Read More06.02.2010
Commercial Vacancies to Peak Near Early 2011
Vacancy rates continue to rise in most commercial sectors and are not expected to level out in most markets until the end of this year or early 2011, according to the National Association of REALTORS®.…
Read More05.24.2010
Lead Based Paint Renovation, Repair, and Painting Program
Owners who can certify that their home is not occupied by children under 6 or pregnant women may opt to allow the contractor to conduct repairs that are NOT in compliance with the Program. Repairs…
Read More05.06.2010
Commercial Loan Losses – Large but Bearable
Bearable -- assuming banks will book the losses over time and offset them with earnings from healthier loans. But that convenient scenario may not play out for all banks, leaving investors potentially exposed to shock…
Read More05.06.2010
Largest Commercial Firm — "Selling & Leasing Picking Up"
CB Richard Ellis Group Inc., reported a first-quarter loss Wednesday but said the business of selling and leasing buildings was picking up. The Los Angeles-based company said it had a net loss of $6.6 million,…
Read More04.28.2010
Press Release
The Commercial Association of REALTORS® - New Mexico is a professional trade association with over 400 members who are dedicated to serving commercial real estate consumers with all best practices. Our industry is ever-evolving with…
Read More04.22.2010
TARP Winding Down
Treasury Secretary, Timothy Geithner reports that the latest estimate conservatively puts the cost of TARP at $117 billion, and if Congress adopts the Financial Crisis Responsibility Fee that the president proposed in January, the cost…
Read More04.22.2010
Where Have All the Optimists Gone?
Steve Brown, Dallas Morning News columnist doesn't think this downturn is as bad as the 80's. He acknowledges that it's bad, but says there hasn't been as much overbuilding in his region, and he compares…
Read More04.16.2010
Revitalize Commercial Real Estate
The typical commercial agent completed five transactions last year, down from eight in 2008. The decline is largely due to unemployment and tight credit. Read more
Read More04.15.2010
Commercial Challenges, Financing
For most commercial Realtors®, the biggest challenge remains the availability of financing to close deals.
Read More04.15.2010
Building Classifications
When considering office space, tenants will find that office buildings are generally classified as being either a Class A, Class B, or a Class C building. The difference between each of these classifications varies by…
Read More04.08.2010
Get more Proficient with Google Searches
From caculator to currency conversions and spelling, here are 10 tips that will improve your search efforts. Read more...
Read More04.07.2010
Commercial Podcast – April Edition
Hear news about recent NAR Congressional testimony urging incentives for commercial RE investing such as accelerated depreciation and development of a mortgage insurance program to insure the difference between a property's™ current value and its…
Read More04.07.2010
By Year End — Half Commercial Mortgages Underwater
That's what Elizabeth Warren, chair of the TARP Congressional Oversight Panel said last Monday. 'œThese loans are concentrated in the mid-sized banks,' Warren told CNBC. 'œWe now have 2,988 banks'”mostly midsized, that have dangerous concentrations…
Read More04.07.2010
Rep Luetkemeyer (R-MO.), Calls Bank Regulators to Task
Across the USA, banks say there's a big reason they aren't lending more: Regulators won't let them. Even as the White House exhorts banks to open the lending spigots, particularly for small-business borrowers who are…
Read More03.25.2010
Simon Property Likely to Raise Offer for General Growth
Simon Property Group, the largest public U.S. real estate company, is considering raising its $10-billion buyout offer for rival shopping mall owner General Growth Properties Inc. Simon sent a letter to General Growth this week…
Read More03.25.2010
FED Pledges Low Interest Rates for "Extended Period"
Federal Reserve officials repeated their pledge to keep the main interest rate near zero for an "extended period" and confirmed that emergency measures to prop up the housing market will end as planned this month.…
Read More03.18.2010
Small Businesses Want Same Treatment as Large Corporations
Proposed legislation calls for the Small Business Administration to help business owners find willing lenders and, as a last resort, issue the loan directly. While this provision passed a House vote in October, the direct-lending…
Read More03.12.2010
Lower Delinquency in Commercial Loans
The Mortgage Bankers Association reports that commercial mortgages were among the best-performing loans and leases held by banks and thrifts in the last three months of 2009. Commercial and industrial loans had delinquency rates of…
Read More03.11.2010
Charles McMillan, Immediate Past President of NAR Testifies Before Congress
Passage of an appropriate comprehensive national disaster policy is a top legislative priority for REALTORS® nationwide. Charles McMillian testified on March 10 before the Committee on Financial Services and offered that NAR stands ready to…
Read More03.11.2010
Federal Reserve Survey Shows Economic Improvement
Of 12 districts the Fed surveys nationwide for economic conditions, 9 showed improvement, 2 had mixed results and just 1 remained sluggish. Read the regional descriptions of the "Beige Book." Read more...
Read More03.04.2010
FDIC Forecasts More Bank Closures
One of every 10 dollars a bank holds is in question. Commercial real estate loans are widely viewed to be an area of coming problems, in part because such loans are normally made for periods…
Read More03.02.2010
Commercial Market Improvement Will Come Slowly
NAR Chief Economist, Dr Lawrence Yun, predicts high vacancy rates and ubiquitous commercial rent concessions. Slight employment improvements will help absorption rates for office/warehouse space, and SIOR's (Society of Industrial and Office Realtors) recent survey…
Read More02.25.2010
Bailout Watchdog Warns about Commercial RE
Until Treasury and bank supervisors take coordinated action and are forthright and transparent, the state of the commercial markets -- and the potential impact that a breakdown in those markets could have on local communities,…
Read More02.18.2010
When Should the Fed Start Raising Interest Rates?
With national unemployment at 9.7 percent, the Fed may be months away from raising rates, but it is discussing a plan now to prepare the markets and tamp down inflation fears, said Vincent R. Reinhart,…
Read More02.12.2010
NAR Commercial Activism
NAR prepared a letter to Treasury Secretary Tim Geithner and FED Chair Ben Bernanke, urging them to take a more active role in commercial real estate markets because they continue to suffer from a scarcity…
Read More01.13.2010
LIN Committee
Name/Company Title Contact Information Scott Whitefield CB Richard Ellis Chair 837.4999 scott.whitefield@cbre.com Martha Carpenter NAI Maestas & Ward Commercial RE Vice Chair 878.0001 martha@gotspaceusa.com Jeff Martinez CB Richard Ellis Secretary 837.4999 jeff.martinez@cbre.com
Read More01.08.2010
CARNM Board of Directors SP Meeting
DATES January 26, 2010 TIME 10:30 a.m. - 1:00 p.m. LOCATION CARNM Office CONTACT Kendra Yevoli at (505) 503-7807.
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