AARP Ranks Las Cruces #2
AARP has named Las Cruces one of the top cities to retire in! Tom Brokaw will be mentioning the list in his report on Boomer Retirement on March 4th at 9PM Eastern. Tune in to see our fair city lauded as the 2nd best place in America to Retire!
To see the whole list, see this article at Realtor Magazine!
BusinessWeek Ranks Las Cruces #8 in New Growth!
An interesting article was published last week in BusinessWeek, ranking Las Cruces #8 of 20 Strongest Building Markets. The article discusses several markets around the nation where growth is happening, despite the economic downturn nationwide.
From the article:
BusinessWeek teamed up with Costa Mesa (Calif.)-based Hanley Wood Market Intelligence to rank the nation’s strongest building markets. They found booming metros where military, government, and energy jobs—as well as natural disasters—are driving up demand for new construction.
Though the actual article doesn’t mention Las Cruces in its full text, it does discuss the reasons for growth in many other cities around the nation; and many of…
Price Reduction on 112,650 SF Manufacturing/Warehouse Las Cruces, New Mexico
The price for a major Manufacturing/Warehouse facility in Las Cruces, NM has been reduced again! The sale price for the Parkview Metal building here in Las Cruces has been reduced to $$3,650,000, and is very close to the loan balance. A qualified user could assume the loan with very little down. The interest rate on the loan is tied to LIBOR and is currently below 4% The property could be purchased with no down payment. The assumable loan is an Industrial Revenue Bond and therefore has an interest rate well below market. The new price and the assumable financing make…
Where Will Growth Occur?
By Dr. Peter Linneman, PhD
Chief Economist, NAI Global
Everyone finds that, even after controlling for a variety of other variables, U.S. population growth is extremely persistent; absent other information, the best way to predict a county’s population growth is to look at how much it grew in the past decade. Reflecting on the past quarter century of U.S. population growth, five key factors emerge:
- the level of U.S. growth
- where people want to live
- where firms can efficiently produce
- where development is allowed
- “wild cards”
The first factor is the absolute level of U.S. population growth. Between 1980 and 2007, the population grew by about 75 million…
NAI 1st Valley Honored at Global Convention
NAI 1st Valley, and its Founder Randy McMillan won major awards in a ceremony on January 31 at the NAI Global 2008 Convention in Las Vegas. NAI 1st Valley was recognized by NAI Global with two top awards for its performance in 2007. In addition, Randy was named to the NAI Global Elite, a group comprised of the organization’s top performers and top producers in 2007.
NAI Global is the world’s premier network of commercial real estate brokerage firms and one of the largest real estate services providers worldwide. NAI manages a network of 8,000 professionals and 375 offices in 55…