Todd Clarke @ August 5, 2009 # One Comment
Fire last night destroyed one of Albuquerque’s best loved medium sized apartment communities- the Castle Apartments. Located between downtown and old town at 1410 Central SW, the 20 unit apartment community caught fire around 8pm and continued to burn in the Wednesday morning.
Built in 1922, the 15,150 square foot apartments featured amazing built-ins and [...]
Todd Clarke @ July 25, 2009 # No Comment Yet
The Urban Land Institute has added an economic dashboard to it’s website - it can be found here .
The dashboard provides an update of leading economic indicators that often foreshadow changes in the real estate market.
ULI also has one of the best real estate libraries that can be found in any organization.
Todd Clarke @ June 29, 2009 # No Comment Yet
Summary
The commercial real estate capital markets continue to operate in a constricted manner as the 2nd quarter of 2009 draws to a close. With CMBS associated lending completely shutdown income property borrowers must continue to focus on the life insurance, bank, credit union and private capital lender sectors for any financing needs for the [...]
Todd Clarke @ June 8, 2009 # No Comment Yet
From fellow Realtor Ric Thom - Property Transfer Could Hinge on IQ and Net Worth If HR 1728 Passes As Is.
On May 26, 2009 I wrote about Congress restricting owner financing and how HR 1728 limits a property owner to selling only 1 property every 36 months if offering owner financing (HR 1728, see [...]
Todd Clarke @ April 15, 2009 # One Comment
Operations focus – are your property taxes to high?
With the changing economy, many owners are focusing their efforts on reducing operational expenses. One often overlooked item on the expense list is property taxes. The right of the local county to tax your property is embedded in New Mexico’s constitution which also spells out the valuation [...]
Todd Clarke @ January 11, 2009 # No Comment Yet
Suncal, the recent buyer of Westland’s 64,000 acres, originally known as the Atrisco Land grant, has started promoting the benefits of Tax Increment Development Districts or TIDDS as it continues to seek the City’s approval of its development plan.
TIDDS are also in the works for the redevelopment of the Winrock shopping center (named [...]
Todd Clarke @ December 24, 2008 # No Comment Yet
Still looking for your partner for the coolest real estate gift? How about this
gigantic map that illustrates where our tax dollars go?
How could your partner possibly live another day without this fine gift?