Despite growing speculation following the Federal Reserve’s July 31 meeting, where they decided to keep the benchmark rate steady, they are not yielding to the pressure. The Federal Open Market Committee (FOMC) of the Federal Reserve kept the federal funds…
10 Myth busters for Downtown Albuquerque: Perception versus realty of Albuquerque’s Central Business District 1. Myth: Downtown Albuquerque is dead. Fact: Downtown Albuquerque is in the midst of a major multimillion-dollar revitalization. You will find bustling nightlife along Central…
"The harder you work, the luckier you get." This couldn't be more true in commercial real estate. As advisors, we have to make a lot of calls and reach out to a lot of people to finally get lucky enough…
Often in my business clients ask me to explain the process of acquiring their space. The process consists of understanding the time it will take to search the market, negotiate the business points, performing the tenant improvements, the act of…
As we say good bye to 2022, it is time to give thought to our 2023 outlook as well as take a look at some predictions for 2023. Recession is a word that comes up consistently in conversations about the…
What spooks you this Halloween? Is it inflation? Interest rates? The future of Office? The upcoming water shortage? Let’s take a look at each of these. Inflation – Yes, it is true. Inflation has risen by more than 9% since January, 2022. …
There have been talks of a pending recession. Will it make its appearance in 2023 or wait until 2024? Let’s take a look at what an expert says. Former US Treasury Secretary Lawrence Summers assured Commercial Real Estate executives while…
While our children are going back to school, let’s take a look at some challenges impacting commercial real estate for the balance of 2022. With the recent Federal Reserve’s interest rate hikes, the cost of debt will certainly affect investors’…
Architecture in the U.S. is unique and timeless. Even our modern structures have a classic and familiar feel to them. From Fallingwater in Mill Run, PA, to 1111 Lincoln Road in Miami Beach, FL, the creativity is endless. If you…
Recession or recovery?? Let’s take a look at both the global and the local markets. Let me start by saying Albuquerque and New Mexico’s economic peaks and valleys are never as high nor as low as the world. We are…