Banks are beginning to loosen lending standards, though from extremely tight levels. They are once again paying loan production bonuses, and 25 CMBS shops have been created almost overnight with an aggregate target of $50 billion in loan production. Lending activity by commercial banks has increased by $83.3 billion over the past two quarters. With the banking system sitting on nearly $1 trillion in excess reserves, it possesses staggering lending capacity, as it can lend approximately 7.3

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Headquartered in Albuquerque, NAI Maestas & Ward Commercial Real Estate is regarded as one of the fastest-growing and most respected commercial real estate firms in New Mexico. With 50 full-time professionals, NAI Maestas & Ward is a full service firm offering brokerage and leasing of retail, industrial, multifamily and office properties, as well as business brokerage and property management services.

Read the rest of the story on the NAI Global Blog!…

By: Gabe Vasquez, Las Cruces Bulletin
Las Cruces ranked fifth among all mediumsized metros in the United States in projected 2009-11 employment growth, according to the latest U.S. Census figures; it ranked ninth in BusinessWeek’s top-recovering job markets in a 2010 study; and eighth in the Milken Institute’s annual report of the best-performing small cities in the country. To read more of this article at the Las Cruces Bulletin, click here!

Congratulations to Walter Skowronski – El Jefe for March. The caddy gets the space of honor again!!

Very good visibility on Highway 28 in Mesilla, across from City Hall. Lots of available parking, onsite and adjacent. Historic property with genuine adobe walls. Lots of charm. If you are looking for original adobe construction in a highly visible location that encourages retail or business traffic, this is it. Ideal for Professional Offices, Bakery/Restaurant, Wine Tasting, or Tapas Bar.

• Building Size: 1,750 SF
• Land Size: 7,000 SF
• Zoning: Commercial, Residential, Historic
• Great Visibility on Highway 28 in Historic Mesilla
• Authentic renovation,…

Walter Skowronski is our Broker of the Month for December! Thank you for all you do for our office Walt, and enjoy that parking space out front!

Las Cruces Bulletin

Las Cruces can add another top-10 designation to its list of national accolades.

Last week the Milken Institute, a nonpartisan, nonprofit independent think tank that is nationally recognized for its annual economic performance ratings, named Las Cruces No. 8 on its list of best-performing 179 small metros. Last year, the institute ranked Las Cruces No. 9 on the same list.

The institute ranks metropolitan areas by how well they create and sustain jobs and economic growth. Study criteria include jobs, wagesand salaries and technology sector growth.

The study reports of Las Cruces: “New…