AtliZure – 3D models from your drone photography
Todd Clarke @ August 14, 2016 # Comments Off on AtliZure – 3D models from your drone photography
This was taken today with our DJI Phantom 4 Drone and the Altizure software. The drone made 5 paths (or passes) around the property, taking a total of 78 images that you then upload to Altizure and it formulates this 3D model. 78 images – This is what the background computer processing (called camera poses) […]
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Property Taxes – notice of values update for 2015
Todd Clarke @ February 11, 2015 # Comments Off on Property Taxes – notice of values update for 2015
Cantera Consulants & Advisors has just updated its notice of value dates from each of the county assessors. Please remember that you only have 30 days from the date of the notice of value to protest your property taxes. A PDF version of this table can be found here.
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Bernalillo County Property Tax Protest board rules on LLC/refinancing issue at formal hearings
Todd Clarke @ October 20, 2014 # Comments Off on Bernalillo County Property Tax Protest board rules on LLC/refinancing issue at formal hearings
The Apartment Association of NM in the form of Attorney Gene Vance and property tax consultant Todd Clarke, represented apartment portfolio owner, Richard Fox, in the handling of his property tax protest case. In the case, the property owner held title in a series of related Limited Liability Corporations (LLCs) for estate purposes. He and […]
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Tech Fiesta 2014 – ABQ
Todd Clarke @ September 5, 2014 # Comments Off on Tech Fiesta 2014 – ABQ
Come listen to the latest trends in recruiting millennials with housing to our market. Guest Speakers: Todd Clarke CCIM and Dale Dekker http://www.techfiestaabq.com/
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State of the apartment market – 2014
Todd Clarke @ August 20, 2014 # Comments Off on State of the apartment market – 2014
Thanks to the and the for hosting this mornings Apartment market outlook. AANM-ULI-IREM-DAT-ApartmentMarketOutlook-08202014-v4
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Property Tax update – 03/24/2014
Todd Clarke @ March 24, 2014 # Comments Off on Property Tax update – 03/24/2014
The following is a quick update on property tax issues from 2013 and a preview of what we can expect in 2014 and 2015. 2013 protests As you may recall, I did not expect 2013 to be a year that we would see much in the way of reductions. I did encourage some of my […]
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Albuquerque Hot for Rentals
Todd Clarke @ October 19, 2013 # Comments Off on Albuquerque Hot for Rentals
In in Albuquerque Journal article dated October 8th, 2013, Albuquerque was rated the 3rd best market in the country for rent growth.
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What is your city’s walkability map?
Todd Clarke @ September 18, 2013 # Comments Off on What is your city’s walkability map?
This is Albuquerque’s walkability map – the green areas are the most walkable, the red areas the least (walkable in the sense of close proximity to grocery stores, coffee shops, schools, etc.) My Walk score is 83 and my Bike score is 92 What is your walkscore?
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ULI NM – 2013 Commercial Real Estate Value Survey
Todd Clarke @ August 28, 2013 # Comments Off on ULI NM – 2013 Commercial Real Estate Value Survey
The NM Chapter of the Urban Land Institute released its 2013 Commercial Real Estate and Value survey last week at the joint Apartment Association of NM and Urban Land Institute Market forum luncheon. Previous value and cap rate surveys performed by Cantera Consultants & Advisors Inc. can be found here for 2011 and here for […]
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ABQ Biz 1st – Boomers, Millennials power apartment biz
Todd Clarke @ August 26, 2013 # Comments Off on ABQ Biz 1st – Boomers, Millennials power apartment biz
At the annual Apartment Association market update last week, Todd Clarke discussed the latest generational drivers of apartment demand. View the complete article by clicking here.
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DeJa Vu an update to multifamily in CCIM’s Journal
Todd Clarke @ July 18, 2013 # Comments Off on DeJa Vu an update to multifamily in CCIM’s Journal
This month’s CCIM magazine has an update article on the multifamily industry. “In some markets, demand is up and the existing multifamily properties are simply obsolete. “We need to replace our inventory,” says Todd D. Clarke, CCIM, chief operating officer of NM Apartment Advisors in Albuquerque, N.M. “The average apartment was built in 1965, is […]
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Albuquerque Realtor has connection to Japanese CCIM’s
Todd Clarke @ May 17, 2013 # Comments Off on Albuquerque Realtor has connection to Japanese CCIM’s
The Albuquerque Business News covered Todd’s recent class and pinning ceremony for the newly minted CCIM’s in Japan:
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Todd Clarke named as commissioner to Albuquerque Housing Authority
Todd Clarke @ April 9, 2013 # Comments Off on Todd Clarke named as commissioner to Albuquerque Housing Authority
In today’s Albuquerque Business First, Todd Clarke was named as commissioner for the Albuquerque Housing Authority.
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Property Tax Update
Todd Clarke @ March 5, 2013 # Comments Off on Property Tax Update
Spring is almost here, and that means its time to start looking in the mail for our notice of value property tax forms. First on a macro level – the legislature is 12 days away from completing its 60 day session, and they are working on a couple of bills that could impact property owners. […]
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Notice of value dates for NM County Assessor’s
Todd Clarke @ February 12, 2013 # Comments Off on Notice of value dates for NM County Assessor’s
Our most recent survey of county assesor’s shows that most intend to send out notices of value on or before April 1st, 2013. If you would like to compare these results with previous year – click here for our PDF version NM-CountyAssesorsNOVDates-2013-01242013 .
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Legaslative update – NM Property taxes
Todd Clarke @ January 24, 2013 # Comments Off on Legaslative update – NM Property taxes
NM-Proposed-SB0117-01232013 Proposed Senate Bill 117 has been introduced (see attached) as a possible solution for property tax lightning. The following represent my thoughts about this bill: Currently this part of the state statues reads as follows: PROPERTY TRANSFERS–COPIES OF DOCUMENTS TO BE FURNISHED TO ASSESSOR–PENALTY FOR VIOLATION Whenever a deed or real estate contract transferring […]
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Recent update on apartment property tax lightning
Todd Clarke @ January 20, 2013 # Comments Off on Recent update on apartment property tax lightning
Both the Albuquerque Journal and Channel 13 tv news have run recent overviews on the latest on apartment property tax lightning.
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RANM course – 9/14/2012
Todd Clarke @ September 13, 2012 # Comments Off on RANM course – 9/14/2012
This file is for the IRR course at the RANM conference 9/14/2012. This is the file – filled out for a sample deal – IRR-Model-v12-FilledOutSampleDeal And this is the file as a blank work sheet DTC-IRR-Model-v12-blank Full agenda can be found here.
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MFA Keynote presentation
Todd Clarke @ August 22, 2012 # Comments Off on MFA Keynote presentation
NMMFA-HousingSummit-ResidentialUpdate-08222012-v2NMMFA’s keynote presentation for August 22nd, 2012 (4.5 meg PDF) “Matching Global Trends with Local Values”.
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Upcoming NM MFA housing seminar
Todd Clarke @ July 11, 2012 # Comments Off on Upcoming NM MFA housing seminar
The NM Mortgage Finance Authority’s annual housing seminar is coming up – 8/22-24/2012 – don’t wait to register!
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RANM fall conference
Todd Clarke @ July 10, 2012 # Comments Off on RANM fall conference
RANM’s annual fall conference has a commercial focus this year – more details here.
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Apartment Property Tax Lightning update – 2011
Todd Clarke @ March 3, 2012 # Comments Off on Apartment Property Tax Lightning update – 2011
On the 30th of January, 2012 our firm had a formal property tax protest hearing in front of the Bernalillo County property tax protest board. The hearing took approximately 2 and 1/2 hours and the Bernalillo County assessor was represented by one commercial appraiser, one residential appraiser, the head of the residential department, as well […]
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Rent vs. Own
Todd Clarke @ December 29, 2011 # Comments Off on Rent vs. Own
Note how NM’s housing prices are still considerably higher than its rent levels? Unless we bring more apartment communities into the supply pipeline, that will be changing in 2012-14,
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Homelessness in Albuquerque – video update
Todd Clarke @ December 14, 2011 # Comments Off on Homelessness in Albuquerque – video update
We have been following Albuquerque’s homeless story for quite a while. This video update was recently featured at the City of Albuquerque’s state of the city speech. Robert Nelson at Metropolitan Homelessness Projected shared this update with us: “Greetings! I just wanted to write and share a new video that the city produced for the […]
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Moment of NM Zen
Todd Clarke @ December 5, 2011 # Comments Off on Moment of NM Zen
I wanted to share this stunning video with you – this is one of the many reasons New Mexican’s love New Mexico!
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Homelessness in ABQ update
Todd Clarke @ November 10, 2011 # Comments Off on Homelessness in ABQ update
The Albuquerque Journal has an update on the homeless survey that was performed earlier this year. As you may remember, I participated in the survey earlier this year, and was dumbstruck by the stories the individuals I met shared. Although the focus on the article is about one individual who has made it into housing, […]
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Valuation survey for NM Commercial Real estate released.
Todd Clarke @ October 16, 2011 # Comments Off on Valuation survey for NM Commercial Real estate released.
Cantera Consultants & Advisors has just released its 2011 value survey for NM Commercial Real Estate. The survey reflects the collective wisdom of industry professionals in NM. Although Cantera uses the survey primarily for the benefit of it’s during property tax protest hearings, the survey has become staple in the commercial real estate market and […]
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CCIM Live update – Aerotropolis webinar now online!
Todd Clarke @ August 25, 2011 # Comments Off on CCIM Live update – Aerotropolis webinar now online!
Last week I had the pleasure of introducing and interviewing Greg Lindsay, author of Aerotropolis. CCIM has just posted his webinar live.
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Tapping into people’s memories as part of your social networking strategy
Todd Clarke @ August 15, 2011 # Comments Off on Tapping into people’s memories as part of your social networking strategy
OR, using Groups effectively on Facebook. As someone who has covered, spoken and taught courses on social networking, I can tell you this the fastest evolving part of the internet today. Facebook membership is rumored to be over 750 million people, or 20% of all of the business people on the internet today. During the […]
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Book review: Best read for 2011: Aerotropolis
Todd Clarke @ July 31, 2011 # Comments Off on Book review: Best read for 2011: Aerotropolis
Aerotropolis, the way we’ll live next Authors: Greg Lindsay & John D. Kasarda, Publishing Info: Farrar, Straus and Giroux, Nonfiction, First edition published March 1st, 2011 As an international instructor for the CCIM institute I discovered that the book, Aerotropolis: the way we’ll live next dovetails nicely with what the just-in-time delivery model as a […]
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Bernalillo County property tax update for apartments
Todd Clarke @ June 14, 2011 # Comments Off on Bernalillo County property tax update for apartments
If you own an apartment in Bernalillo County – the county assessor has obtained an extension on sending out notices of value. They will not be mailed out tomorrow, but should be sent out on 7/1/2011
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Apartments become more expensive
Todd Clarke @ June 5, 2011 # Comments Off on Apartments become more expensive
Thanks to Melissa Montoya for covering the latest in apartment trends on KOAT TV 7.
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First responses from 2011 Census of homeless – in ABQ they are finding housing.
Todd Clarke @ May 11, 2011 # Comments Off on First responses from 2011 Census of homeless – in ABQ they are finding housing.
An update from our from the Albuquerque Heading Home homeless survey we helped with earlier this year. This article at 100k homes indicates that the first 15 homeless people from that survey have found housing – kudos to the Mayor and the folks at Albuquerque Heading Home for making this happen!
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Property tax presentation for NM IREM Chapter
Todd Clarke @ May 6, 2011 # Comments Off on Property tax presentation for NM IREM Chapter
can be found here: IREM-PropertyTaxUpdate-05052011-v2 thanks again to the IREM chapter for allowing me to provide them an update and overview of NM’s property tax system.
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Bernalillo County property tax udpate for multifamily properties:
Todd Clarke @ April 27, 2011 # Comments Off on Bernalillo County property tax udpate for multifamily properties:
Earlier today, the Bernalillo County assessor announced that her office has sought and obtained approval to delay sending out notices of value for apartment buildings until June 15th, 2011. This means the deadline to file a protest will be 30 days after that, or July 14th, 2011. Single family and commercial property notice of values […]
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Notice of value dates for property tax bills
Todd Clarke @ April 11, 2011 # Comments Off on Notice of value dates for property tax bills
The above table shows the notice of value mail dates for every property in New Mexico – note that you have only 30 days from that date to file your property tax protest.
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A new form of advertising – your house
Todd Clarke @ April 10, 2011 # Comments Off on A new form of advertising – your house
Thanks to Gizmodo.com for sharing from Adzookie.com which is a UK based company that is offering to pay homeowners mortgages if they let them paint their house with advertisements. Although the Gizmodo posting indicates the advertisement is only in UK, when I went to their website it looks like they are up and running in […]
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RFP De Anza motel – Albuquerque
Todd Clarke @ March 18, 2011 # Comments Off on RFP De Anza motel – Albuquerque
The city of Albuquerque is looking for development teams to redevelop the historic De Anza Hotel. A full copy of the RFP can be found by clicking here and a copy of the market study we did for the City can be found here. Of the many consulting assignments I’ve had the pleasure to work […]
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my first iPhone app help client’s calculate their property taxes
Todd Clarke @ February 21, 2011 # Comments Off on my first iPhone app help client’s calculate their property taxes
Very excited – as of 5 minutes ago, our iPhone app to help client’s calculate their property taxes for commercial properties in Bernalillo County went “live” in the iTunes store! It is only 99 cents, and if you provide us feedback to improve version 2 and leave feedback, I’ll gladly send you a buck! If […]
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Homeless survey in Albuquerque – Day 1
Todd Clarke @ January 31, 2011 # Comments Off on Homeless survey in Albuquerque – Day 1
This morning starting at 4am, hundreds of volunteers, including Mayor Barry and his wife, scoured the city looking to survey the homeless and put a face with the statistics of being without a home. As part of the 100khomes project, Albuquerque has created ABQheadinghome or Twitter KRQE ran a full story this morning which can […]
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