commercial real estate Archives

Commercial real estate trouble? Support available in New Mexico

The New Mexico real estate market has its ups and downs, like most other businesses. If you run into commercial real estate problems, do you know where to seek support to find the swiftest and strongest solution that has the least amount of negative economic impact possible? Regardless of whether you have encountered problems regarding a purchase agreement, zoning issues or other contract-related disputes, your key to success may hinge upon the type of support you secure.  

The dangers of rushing commercial lease negotiations

There are many time pressures New Mexico business owners can face when trying to lease space for their company. This could tempt them to simply push through lease negotiations as fast as they can once they find a space they like. However, it is important to keep level-headed and give such negotiations the time and attention they deserve.

The future of commercial real estate in Albuquerque

It is no secret that New Mexico’s commercial real estate market has lagged behind other regions in the southwest when it comes to growth. However, performance with retail and multifamily housing is in line with historical averages. Because of this, it is increasingly important for entrepreneurs and real estate investors to carefully analyze the potential of real estate, particularly distressed properties in order to make sound business decisions.

To Whom Should You Ask Your Real Estate Questions?

Real estate agents and Realtors are very knowledgeable about many aspects of property. They often have insight on which neighborhoods are "hot," and which upgrades and home renovations yield the largest return on investment. They are also entitled to execute very limited legal functions, including preparing offers and preparing purchase agreements.

Basic steps in commercial property valuations

The basic tenet of real estate investing is to buy low and sell high. While that may seem simple enough, determining the actual worth of a property is not always easy. Several factors are in play, including the current state of the property, the extent of repairs or renovations required to make the property ready for the proposed use, as well as any zoning regulations that may affect the property.

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