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New Mexico Real Estate Industry News

'Colorado effect' benefiting NM ski town

01/16/2018 He also noted overcrowding in other states making New Mexico more appealing to second homeowners. Woolley did say he sees a lot of buyers come from Texas and other surrounding states. That's what some real estate developers are calling “the Colorado ...

UNM, Navajo Nation strike deal for student housing

01/12/2018 More than 100 Navajo students will have affordable access to the housing at the University of New Mexico’s Lobo Rainforest through ... should help ensure the building breaks even by 2019, UNM Real Estate Director Tom Neale said.

Haute Residence Welcomes Neil Lyon To Its Invitation-Only Real Estate Network

01/10/2018 As a Haute Residence partner, Neil exclusively represents the high-end real estate market in the state of New Mexico. Licensed real estate agent since 1975 and licensed broker since 1979, Neil has been one of the top producing brokers in Santa Fe every ...

3 Stocks That Pay You Each Month

01/08/2018 The real estate investment trust typically holds properties through ... San Juan Basin Royalty Trust gets its name from the assets it owns in the San Juan Basin area of northwestern New Mexico. San Juan makes dividend payments that vary each month in ...

Downtown Denver may see $30M kaleidoscopic exhibit

01/06/2018 SANTA FE, N.M. — Creators of a popular immersive art entertainment project in Santa Fe, New Mexico, on Thursday announced a push ... under a 20-year lease in partnership with Denver-based commercial real estate developer Revesco Properties.

Immersion art startup Meow Wolf picks Denver to expand

01/04/2018 SANTA FE, N.M. (AP) — Creators of a popular immersive art entertainment project in Santa Fe, New Mexico, announced Thursday a push into ... under a 20-year lease in partnership with Denver-based commercial real estate developer Revesco, which operates ...

$30M Denver kaleidoscopic exhibit planned by arts-tech firm

01/05/2018 SANTA FE, N.M. (AP) — Creators of a popular immersive art entertainment project in Santa Fe, New Mexico, on Thursday announced a push ... under a 20-year lease in partnership with Denver-based commercial real estate developer Revesco Properties.

Stewart Chief Corporate Development Officer John Magness to Provide Strategic Oversight to Direct Operations

01/05/2018 Magness is a well-respected industry veteran who joined Stewart in October of 2017, bringing deep knowledge and a strong track record from nearly 35 years in title insurance and real estate ... President of Texas and New Mexico Direct Operations Manager ...

NM native relies on his instincts in behind-the-scenes film work

12/23/2017 The New Mexico native is making a name for himself in the film industry ... Before his venture into filmmaking, Ahrens served in the Navy, became part of a successful real estate investment company and practiced law. He is a licensed attorney in Texas ...

Outgoing Gemini Rosemont key player jumps to another major real estate firm

01/03/2018 He will start the new role on Monday. CBRE is a commercial real estate services and investment firm based in Los Angeles. CBRE New Mexico is No. 1 on Albuquerque Business First's Commercial Real Estate Firms List with $481.25 million in 2016 commercial ...

Sixty-Something: The Quest For Adventure

01/03/2018 Edward Giamo Jr. was a brilliant real estate lawyer/baron, but when I met him he was my friend Bobby's older brother, and Edward was still attending Georgetown University. Edward had worked at Philmont Scout Ranch in New Mexico. He told me stories of ...

Executive’s Desk: Assist from Loan Fund gets coffee shop brewing

01/01/2018 Once back in New Mexico, Hannah persuaded her father, commercial real estate developer Curtis Johnson, to go into business with her as co-owner of the shop at the family-owned shopping center a stone’s throw from the Ale Republic brewery, owned by her ...

NM Hospitals Face Fines For Infection Rates, Investors To Overhaul Student Housing Near ENMU

12/26/2017 Roswell Daily Record New York investors have plans to renovate student housing properties near Eastern New Mexico University's campuses in Roswell and Portales as part of an effort to increase occupancy rates and boost residential real estate markets in ...

How NAFTA built a bustling border city in New Mexico

12/26/2017 After a stint establishing New Mexico’s first foreign trade office in Mexico City, he returned to Santa Teresa in 1995. The new port of entry had finally opened, and NAFTA was a year old. Pacheco started a company called Santa Teresa Real Estate ...

PNM Wants New Ruling on Rate Hike

12/30/2017 The state's largest utility, Public Service Company of New Mexico, filed a request for regulators to reconsider ... They don't make up the majority of Santa Fe's real estate market (though it can sometimes seem so), but some real estate agents worry ...

How The Federal Government Abused Its Power To Seize Property For A Border Fence

12/28/2017 In less than a year, the U.S. Department of Homeland Security filed more than 360 eminent domain lawsuits against property owners, involving thousands of acres of land in the border states of Texas, New Mexico ... cut unfair real estate deals, secretly ...

5 questions with CARNM's REALTOR of the Year

12/27/2017 Jim Wible, 57, was named Commercial Association of REALTORS New Mexico's "REALTOR of the Year" for 2017 – an award he said emphasizes more than just real estate. Wible, director at NAI Maestas and Ward, said the award recognizes real estate professionals ...

Investors to overhaul student housing properties in Roswell

12/26/2017 ROSWELL, N.M. — New York investors have plans to renovate student housing properties near Eastern New Mexico University’s campuses in Roswell and Portales as part of an effort to increase occupancy rates and boost residential real estate markets in the ...

One-on-one with Jessica Tonjes: 'At the end of the day, people know the last name but I still try to forge my own way'

12/26/2017 But it's also a name Albuquerque's real estate industry was introduced to throughout ... The 28-year-old received her bachelors degree from the University of New Mexico in communications. She said she was inspired by her father who was also a ...

Liberty Media (F1) owner John Malone tops annual list of US private land owners

12/22/2017 Malone owns Silver Spur Ranches, a ranching and beef company, that includes the Silver Spur Ranch in Wyoming and the TO Ranch in New Mexico. The 76-year-old also ... Malone also holds international real estate in Ireland.

Boulder’s Newest Restaurant is All About ‘Real’ New Mexican Green Chile

12/19/2017 But, this time, he’s paying homage to his New Mexico roots with a restaurant concept he once dreamt ... and even in Denver…There’s green chile [in Denver], but it’s not real green chile.” “The [food], the artwork and the santos that you see ...

State Bar of New Mexico elects new board leadership

12/18/2017 Wesley Pool has been elected president of the Board of Bar Commissioners, the 22-member governing board of the State Bar of New Mexico. He was sworn into the ... in commercial litigation in addition to real estate, bankruptcy and wills and estate planning ...

Corker asks how real estate provision ended up in tax bill

12/17/2017 gov to launch Senate bid: report McConnell 'almost certain' GOP will pass tax reform Former New Mexico gov: Trump's foreign policy is ... asking how a provision that would potentially benefit real estate owners, including Corker, made it into the final ...

Corker asks how real-estate provision ended up in tax bill

12/17/2017 gov to launch Senate bid: report McConnell 'almost certain' GOP will pass tax reform Former New Mexico gov: Trump's foreign policy is ... asking how a provision that would potentially benefit real estate moguls, including Corker, made it into the final ...

NM lawmakers have new tool for tax debate

12/12/2017 SANTA FE – New Mexico could shave about 3 percentage points off its gross receipts tax rate – maybe more – if it removed all deductions in the tax code and started levying the tax on wages, real estate transactions and food. That was one hypothetical ...

Movers and shakers join commercial real estate org's board of directors

12/12/2017 Commercial Real Estate Women New Mexico has announced some new faces who will be taking the reins at the professional organization. Some of these women have made headlines before. Pulliam was one of Albuquerque Business First's 40 Under Forty honorees and ...

ANGEL FIRE RESORT, NEW MEXICO IS SET TO OPEN FOR WINTER SEASON THIS FRIDAY

12/07/2017 Angel Fire Resort is a top year-round mountain resort destination in New Mexico. Angel Fire Resort was named “America ... or opportunities for real estate investment in Angel Fire, please call (855) 923-7387 or visit the resort's website at ...

The 15 People Who Own The Most Land in the United States and How Much They Have

11/28/2017 Buying real estate and becoming a landowner is one of the most significant ... Number of acres: 1.1 million Where the land is: California, New Mexico Henry Singleton founded industrial giant Teledyne Technologies. The company’s success helped Singleton ...

NM: Awarding Excellence: ART, Mayor Berry Top NAIOP Awards

12/05/2017 Berry's leadership in moving the controversial project forward and ART's impact on the cityscape, economy and future development were spotlighted in the 21st annual program hosted by the New Mexico chapter of NAIOP, the commercial real-estate development ...

UC Funds Closes $3.75 Million Loan for Student Housing Renovations in New Mexico

11/28/2017 “Gershon Eichorn’s decision to purchase these New Mexico properties exemplifies his keen eye for assets with the potential to become market value real estate” Together, the two assets contain 198 units and 525 beds, consisting of one-, two-, and four ...

Former New Mexico senator to be sentenced in February

11/30/2017 He could face more than 20 years in prison. Prosecutors with the New Mexico Attorney General's Office accused Griego of using his elected position and acumen as a real estate broker to guide the sale of a state-owned building in downtown Santa Fe through ...

Luxury estate sparks plenty of interest

11/22/2017 Orara Valley Estate has been listed with Sydney agent David Nolan of Webster Nolan Real Estate in Surry Hills and local agent ... Inspired by the haciendas of New Mexico and the seaside villas of Santorini, the estate encompasses a stunning five-bedroom ...

New Mexico approves up to $125 mln for KKR, EnCap Flatrock

11/29/2017 EnCap Flatrock projecting final close for early 2018 New KKR real estate fund targeting $1.5 bln State Investment Council manages $21.5 bln of state assets New Mexico State Investment Council approved a pair of commitments to private markets funds at its ...

Jury deliberates in New Mexico corruption trial

11/16/2017 SANTA FE, N.M. (AP) - A jury in New Mexico is weighing whether to convict a former state ... Griego earned a $50,000 commission on the sale as a real estate agent for the owners of a luxury inn. Griego says he broke no laws. Testifying in court, he ...

Commercial, residential real estate topics on conference agenda

11/22/2017 BOULDER — Participants in the 2017 Boulder Valley Real Estate Conference ... Yun will be joined as keynote by John Covert, regional director for Colorado and New Mexico for Metrostudy. Covert’s remarks, “Lots to be Desired,” will explore the ...

New American Funding expands in New Mexico

11/21/2017 New American Funding announced it is expanding its Southwest territory with the opening of its first branch in Santa Fe, New Mexico. The new location ... in more loan originators and partner with local real estate agents. “We bring a new way of doing ...

Ex-New Mexico state senator convicted in corruption trial

11/16/2017 A former New Mexico state senator has been found guilty on five counts ... Prosecutors accused Griego of using his elected position and acumen as a real estate broker to guide the building's sale in downtown Santa Fe through approvals by a state agency ...

New Mexico Mutual moving its headquarters

11/20/2017 increasing its real estate by 10,000 square feet. And SMPC Architects will also move from its long-time Nob Hill home to the First National Bank Building on Central Avenue. New Mexico Mutual reported $4.767 million in net income in 2011.

How NM can better market itself to business

11/18/2017 Whenever I visit a new place, I study it in advance and pick other markets that are similar, i.e. status quo, or at the next level, i.e. aspirational, with regard to commercial real estate ... the University of New Mexico. Leaders should double down ...

The Latest: Defense says fraud accusation are nonsense

11/15/2017 SANTA FE, N.M. (AP) — The Latest on the corruption trial of a former New Mexico state senator (all times local ... disclosing his personal financial involvement. Griego acted as a real estate agent for the buyer of the property in downtown Santa ...