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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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A to Z of investment basics course

Todd Clarke @ October 1, 2014 # Comments Off on A to Z of investment basics course

To be held at GAAR offices on Thursday, October 2nd, 2014 Spreadsheet tools: DTC-IRR-Model-v15-comm-blank-Citadelapartments DTC-IRR-Model-v15-comm-FilledOutSampleDeal

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Course: A to Z of Investment Basics – 4 CE hours

Todd Clarke @ June 10, 2014 # Comments Off on Course: A to Z of Investment Basics – 4 CE hours

If you are feeling a bit rusty on measures of investment performance, the Investment Basics course will provide a sound foundation in the basic tools to analyze income producing real estate. This hands on course includes simple to use spreadsheet tools to help you in analyzing investments using the basic measures of investment performance including: […]

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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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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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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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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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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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Building a 30 story building in 15 days

Todd Clarke @ January 8, 2012 # Comments Off on Building a 30 story building in 15 days

Surpassing a previous record of building a 15 story hotel building in 6 days, the Chinese company, the Broad Group has constructed a 30 story building in only 15 days. It would appear a majority of the building was built off site in panels that were lifted into place, a practice that is likely to […]

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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 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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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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Apartment Property Tax Lightning

Todd Clarke @ May 27, 2011 # Comments Off on Apartment Property Tax Lightning

Thanks to Channel 7, KOAT TV, for running this story on apartment property tax lightning.

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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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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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Apartment update/forecast – ULI Dec. 2010

Todd Clarke @ January 24, 2011 # Comments Off on Apartment update/forecast – ULI Dec. 2010

The New Mexico ULI chapter December meeting was a commercial real estate update that included Steve Maestas from NAI Maestas/Ward, John Ransom from Grubb & Ellis NM, Jim Folkman from the Home Builders of Central NM, and myself, Todd Clarke from NM Apartment Advisors Inc. Our presentation can be viewed here.

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Filing a claim of refund for 2010 property taxes

Todd Clarke @ December 28, 2010 # Comments Off on Filing a claim of refund for 2010 property taxes

After many months of strategizing, negotiating, researching, and putting together our cases for our client’s, Cantera Consultants & Advisors Inc. recently settled all of its cases on the controversial apartment property tax lightning cases for 2010 (click here to read the summary). In a recent (and copyrighted) Albuquerque Journal article, The Bernalillo County Assessor has […]

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NM Commercial Real Estate Value Survey

Todd Clarke @ September 13, 2010 # Comments Off on NM Commercial Real Estate Value Survey

Cantera Consultants & Advisors has just released the results from our latest valuation survey.  This survey was performed over the summer of 2010 with real estate owners, investors, lenders, brokers and appraisers. The attached document demonstrates the changes in CAP rates and values from 2005 to 2010. Click here for the survey results and a […]

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NM Apartment Market Review 2008/ Forecast 2009

Todd Clarke @ March 9, 2009 # Comments Off on NM Apartment Market Review 2008/ Forecast 2009

Albuquerque Apartment market update2008 in review, looking forward to 2010 by Todd Clarke CCIM The saying “may you live in interesting times” certainly seems to fit in today’s environment. Although the author and origin of this phrase is unknown, it is believed that it was composed as a curse and included two more phrases: – […]

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A motto for 2009? “Don’t be Stupid”

Todd Clarke @ January 12, 2009 # Comments Off on A motto for 2009? “Don’t be Stupid”

Thanks to my good friend, Sam Foster for turning me on to this article in the WSJ. The OP-ED piece by Daniel Henninger highlight’s one of today’s biggest issues for an investor – how to sort through the overwhelming amount of data and capitalize on the fact, while others are swapping cocktail conversation about the […]

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Multifamily Financing Update – A roller coast ride!

admin @ December 19, 2008 # Comments Off on Multifamily Financing Update – A roller coast ride!

I’d like to thank Jamie Dick for allowing me to reprint this fabulous overview of the current capital markets and their impact on multifamily.   The roller coaster that is the 10-year Treasury has continued to be a wild ride with today’s rate closing at an astounding 2.60%!!!  A quick review of the attached chart […]

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