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New Mexico Real Estate Industry News

New Mexico Hospitality Association announces interim CEO

04/17/2018 where she oversaw a corporate real estate portfolio of over 100 properties valued over $250 million in both New Mexico and West Texas, according to the release. Komoll's additional past leading roles include board president for the Juvenile Diabetes ...

Longtime banker makes jump to commercial real estate financing

04/18/2018 It forms a relationship." Gabaldon said Plum, which was founded in 2014, has chosen the Albuquerque and New Mexico market, along with Madison, Wisconsin, and Boise Idaho, as good market fits for its commercial real estate finance process. He said Plum will ...

Albuquerque real estate market performing well

04/16/2018 Experts tell KOB Albuquerque tends to be on the tail end of things when it comes to things like real estate and the recession, which means while some other states may be doing better, New Mexico was still climbing up. Now the state has finally caught up.

New Mexico town on long road to recovery after shooting

04/15/2018 FARMINGTON, N.M. (AP) - Residents of a rural New Mexico town have worked hard to define a new normal ... Three years after the arrest of New York real estate heir Robert Durst in the fatal shooting of his best friend in Los Angeles, there's still no ...

New Mexico State Police: Santa Fe man dead after a car crash

04/15/2018 SANTA FE COUNTY, N.M. (AP) - New Mexico State Police say a Santa Fe man is dead after ... Three years after the arrest of New York real estate heir Robert Durst in the fatal shooting of his best friend in Los Angeles, there's still no trial scheduled.

Durango man to receive Leadership New Mexico award

04/12/2018 Bryson is involved in various entrepreneurial initiatives and community organizations in Southwest Colorado and northern New Mexico. He is a real estate developer for Crossroads Durango; founder of Brainstorm Internet, Leadership Los Alamos and Leadership ...

Editorial: There’s a $440K question in NM’s CD2 election

04/12/2018 “While I am a partner in a company that has owned real estate in which the state leased, I have never personally been paid by or collected any monies from the state of New Mexico,” Herrell said. She also accused a political consultant of one of her ...

Freedom Caucus fund endorses New Mexico candidate

04/11/2018 A political committee financed by hard-right conservatives in Congress' House Freedom Caucus has endorsed New Mexico state Rep ... an Alamogordo resident in the real estate business. Herrell is competing against former Hobbs Mayor Monty Newman for the ...

How new bank rule could impact commercial real estate in ABQ

04/11/2018 Jim Chynoweth, managing director of operations at CBRE New Mexico, called the new rule "very reasonable." "It should be beneficial to the commercial real estate industry," Chynoweth said. "I would caution any buyers who are unsure about their value to go ...

Report: NM Congress candidate failed to disclose contract moneys

04/06/2018 ALBUQUERQUE, N.M. – There's some controversy swirling around a New Mexico state lawmaker who is planning to run for Congress. Documents show GOP Rep. Yvette Herrell failed to disclose that her real estate company took more than $400,000 in state ...

A Real Estate Dynasty Passes the Torch

04/06/2018 His son Stefan Soloviev, 42, who has spent years running a sprawling cattle and wheat agricultural business in New Mexico and other states ... in no rush to be the only one in charge of the family real estate company. “I’m taking over the business.

Don Imus ranch for sale at $19.9M in northern NM

04/09/2018 RIBERA, N.M. - Don Imus' sprawling 3,400-acre ranch in northern New Mexico is up for sale. The property is less than one-hour away from Santa Fe in the midst of the beautiful Pecos River Valley. Santa Fe real estate agent Craig Huitfeldt of Keller Williams ...

Federal judge sets reform deadlines for New Mexico agency

04/06/2018 The Albuquerque-based Southwest... Documents show a New Mexico GOP state lawmaker and congressional candidate failed to disclose that her real estate company earned nearly a half-million dollars in state contracts. An analysis of campaign financial...

Don Imus ranch in northern New Mexico up for sale

04/08/2018 The Santa Fe New Mexico reports real estate agent Craig Huitfeldt confirmed last week that the ranch is on the market. The 2,400-acre ranch near the small community of Ribera, New Mexico, and about 45 miles east of Santa Fe has been used to benefit ...

NM Senators Call On EPA Chief To Resign, Gov. Martinez Working With Feds On Guard Deployment

04/06/2018 Associated Press Documents show a New Mexico GOP state lawmaker and congressional candidate failed to disclose that her real estate company earned nearly $500,000 in state contracts. An analysis of campaign financial disclosure records by The Associated ...

New Mexico senators join call for EPA chief to resign

04/05/2018 Documents show a New Mexico GOP state lawmaker and congressional candidate failed to disclose that her real estate company earned nearly $500,000 in state contracts. Documents show a New Mexico GOP state lawmaker and congressional candidate failed to ...

The closers: This real estate trio thinks it has the blueprint for luxury home sales

04/05/2018 They’re three of more than 150 sales associates at the D.C.-based residential brokerage, of roughly 16,000 licensed real estate agents in the region ... Sunlight streams through the windows overlooking New Mexico Avenue NW. It’s organized chaos.

Digging deeper into Parker Principle 7: The complexities of open data

04/05/2018 At the very start of Inman Disconnect, Brad Inman told the gathered leaders that the goal was to come up with a set of principles that would guide the real estate industry ... Such is the case in New Mexico, which “is a strict nondisclosure state ...

This Is the Hottest Real Estate Listing In Every State. Nearly All Have One Thing in Common

03/30/2018 Curious to know what buyers really want in a home, MONEY asked real estate listings website Trulia to compile ... A pueblo-esque Santa Fe-style condo in New Mexico? Under $261,500. An A-Frame lake house in the woods of North Carolina?

From chef to real estate, this 40 Under Forty is heating up New Mexico

03/29/2018 This year’s class of 40 Under Forty are full of surprises. In fact, that’s the theme of Albuquerque Business First’s May 3 awards dinner at Sandia Resort and Casino. See our 2018 honorees, selected by a panel of New Mexico executives, and join us at ...

From chef to Realtor, this 40 Under Forty is heating up New Mexico

03/28/2018 See our 2018 honorees, selected by a panel of New Mexico executives, and join us at the surprise ... My wife and I own and operate RE/MAX Select Real Estate Group in the heart of Nob Hill. RE/MAX Select is a boutique brokerage specializing in residential ...

Civil Forfeiture: Can the Government Really Seize and Take Ownership of My Company’s Assets?

03/26/2018 For example, innocent acceptance of a tainted investment in a company that is then used to buy real estate and pay executive bonuses ... [15] Nebraska, [16] New Mexico, [17] and New York, [18] have to obtain a conviction before performing their civil ...

NM Mortgage Lenders Association names 2018 officers and directors

03/26/2018 It's mission is to "promote the welfare of the mortgage lending industry and related services in the state of New Mexico" and "encourage sound ethical business practices in the origination and servicing of real estate mortgage loans," among other purposes.

Stadium-side entertainment district derailed

03/23/2018 The University of New Mexico’s plan for a stadium-side entertainment project ... Kyle Bodhaine on Thursday drafted a letter to UNM Real Estate Director Tom Neale expressing the team’s surprise and signaling its continued interest in the site.

Former NM Pinon Coffee president brews up new venture

03/23/2018 Allen Bassett, former president of New Mexico Pinon Coffee, left his family-owned business ... associate broker for Allen Sigmon Real Estate Group who has multiple listings in the Sawmill District. "The trends I've seen in the area are definitely positive ...

ASMC Holdings Launches $4 Million Real Estate Fund

03/22/2018 ASMC Holdings, which is headquartered in Delaware, has more than 50 years of experience in Real Estate development and delivery ... occur across several states including New York, Atlanta, Connecticut, Texas, New Mexico, Florida, Arizona and South Carolina.

Feds review New Mexico land boss' concerns on border access

03/15/2018 ALBUQUERQUE, N.M. (AP) - Real estate experts with U.S. Customs and Border Protection are looking into concerns raised by New Mexico's top land manager about rights of way and easement issues along the U.S.-Mexico border. Federal officials sent Land ...

NAI Maestas & Ward's Debbie Harms on women in commercial real estate and innovation in technology

03/07/2018 Debbie Harms is the CEO of NAI Maestas & Ward Commercial Real Estate, the second-largest commercial real estate firm in New Mexico by 2017 commercial transaction value. How long have you been working in the industry? I have worked in commercial real estate ...

NM Democrats Must Choose New Leader, Feds Review NM Land Boss' Border Issues

03/15/2018 Feds Review New Mexico Land Boss' Concerns On Border Access – The Associated Press Real estate experts with U.S. Customs and Border Protection are looking into concerns raised by New Mexico's top land manager about rights of way and easement issues along ...

NM Changes System For Lottery Scholarships, NM AG Goes After Rooftop Solar Company

03/09/2018 New Mexico Changes System For State Lottery Scholarships- Associated ... bribery and other convictions stemming from accusations he misused his elected office to profit from a real estate deal. Defense attorney Thomas Clark said Thursday that Griego ...

Are congressional Democrats lying their way to riches?

03/08/2018 Don Beyer of Virginia and Luján will, for example, gather March 21 at the suburban Washington, D.C., home of real estate heiress Tori Winkler ... a software engineer and Democrat from Albuquerque, New Mexico. Hodges helped build The Groundwork, a data ...

Judge denies Phil Griego’s bid to delay prison sentence

03/07/2018 SANTA FE — A state district court judge has denied former New Mexico state senator Phil Griego’s motion ... in the deal and ultimately pocketed a $50,000 commission as a real estate agent for the buyer.

Houston woman sentenced for defrauding Catholic mission

03/05/2018 Evidence showed she used the money for jewelry, furniture, luxury items and cars, real estate and services for her dog. Blanco was in custody pending her federal prison assignment. Man pleads guilty in New Mexico arson case; Facing life term A Mesita man ...

Middle Market Digest: Mid-Week in the South and Mountain Regions

03/06/2018 New Mexico, Colorado, Oklahoma and Arkansas. Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI.

Hustle targeting brokers and owners of time-shares

03/04/2018 ALBUQUERQUE, N.M. — The New Mexico Real Estate Commission is warning of a time-share scam that has been targeting real estate brokers and time-share owners with solicitations made through cold calls, email or regular mail. Making the solicitations are ...

See what goes into closing NM's big real estate deals

03/02/2018 Once you’re in, you’re hooked for the long haul. That is the case for many in the commercial real estate industry. Take a gander at some of the top commercial real estate firms in New Mexico. Their longstanding employees have been in the business for ...

Big real estate deal possible in CDMX

03/01/2018 The Mexican government could soon receive a windfall of as much as US $1 billion through the sale of a piece of real estate. According to a report ... he may move to cancel construction of the new Mexico City airport to save money.

Prison awaits former New Mexico state senator

02/28/2018 SANTA FE, N.M. (AP) — Former New Mexico state Sen. Phil Griego has been ordered to turn ... bribery and other charges stemming from allegations that he misused his position to profit from a real estate deal. State District Court Judge Brett Loveless ...

Q&A: This banker only lends in New Mexico

02/28/2018 Main Bank is No. 38 in Business First's Largest Banks in New Mexico List with $117.34 million in local deposit ... Most of our transactions are secured by real estate, so that provides good protection for the bank and it also gives us flexibility to ...

Coffman and Co. Real Estate Group Launches in Albuquerque!

02/20/2018 ALBUQUERQUE, NEW MEXICO – 02-21-2018 (Press Release Jet) — Coffman & Co. Real Estate Group severs both Commercial and Residential clients. Gannon Coffman started off his real estate career in the commercial arena with the local NAI office with a focus ...