aicarzu

[aicarzu]

Report: Santa Fe rent for low-income costs over half of pay

Santa Fe residents earning the minimum wage will spend more than half their pay renting a one bedroom apartment, if they can find one, based on the annual report released this week by the National Low Income Housing Coalition.

Those renters, the report says, are “cost burdened” — meaning they spend more than a third of their annual income on housing costs, including utilities. In Santa Fe, however, the vacancy rate is so low, 3 percent or less, that just finding a place to rent is difficult.

“The market is even stronger than it was nine months ago,” said Todd Clarke of New Mexico Apartment Advisors Inc., a housing research firm in Albuquerque. “Occupancy is as high as it can get.”

The annual coalition report, “Out of Reach 2018,” found no full-time worker anywhere in the U.S. earning the federal or state minimum wage can afford a two-bedroom rental at market rates. Affordable is defined as costing no more than one-third of a person’s income. In only 22 U.S. counties — all in states with a minimum wage higher than $7.25 — can a full-time minimum-wage worker afford a one-bedroom rental at market rates, according to the report.

In Santa Fe, where minimum wage is $11.40 an hour, a worker still needs to earn $16.42 an hour to afford a one-bedroom apartment — $19.35 for two bedrooms — without spending more than a third on housing, according to the report.

A fair market rent for a two-bedroom apartment in Santa Fe is $1,006 a month, according to the coalition. According to Apartment List Inc., the two-bedroom median rent is $1,115. Median means half the units rent for more that that and half rent for less.

About a third of Santa Fe households, more than 18,000, are renters.

Estimates of the shortfall in rental units in Santa Fe reach the thousands. Clarke estimated in October that Santa Fe needs about 6,500 new apartments to meet demand. In a talk last week, Santa Fe Mayor Alan Webber told Santa Fe homebuilders the city needs about 5,000 units of all types.

At Railyard Flats, a new apartment building at the Santa Fe Railyard that opened in March, all 58 units are leased. The rents advertised there range from $890 to $2,200. Tenant Barry Shulock, who moved into the building in May, said his rent is a bargain compared to what he paid in Washington, D.C. But finding an apartment in Santa Fe was difficult, he said.

Last summer, the vacancy rate in Santa Fe and Los Alamos was about 3 percent of the 3,142 units whose managers responded to the most recent survey by the New Mexico Apartment Owners Association. In Los Alamos, the rate was below 1 percent, according to an April 2017 survey by the Bureau of Business and Economic Research at the University of New Mexico.

With rental housing at a premium, the lowest wage earners are having the hardest time finding a place to rent, said Hank Hughes, executive director of the New Mexico Coalition to End Homelessness, based in Santa Fe.

“The problem is that housing is expensive, and without a subsidy for people who make minimum wage or even a little above that, who are on disability or a fixed income, it’s really hard to afford,” he said. “People double up so they can share the rent. People often, as we know, live in Rio Rancho or Española, where it’s cheaper.”

The national report arrives just as Webber, elected in March, expects reports from eight working groups looking for short-term plans for pressing city issues, including housing availability.

The National Low Income Housing Coalition, a nonprofit based in Washington, D.C., advocates for federal housing programs and affordable housing in general.

Source Article

The post Report: Santa Fe rent for low-income costs over half of pay appeared first on Find Apartments For Rent In Santa-Fe.

Learn More: http://www.aicarzu.com/report-santa-fe-rent-for-low-income-costs-over-half-of-pay/

[aicarzu]

A look at New Mexico’s most expensive homes

SANTA FE, NM (KRQE) – It’s not exactly California or New York prices, but a well-known real estate website just came out with a list of the 10 most expensive homes on the market in New Mexico.

It’s no surprise, most of them are in Santa Fe.

"The former owner was Randy Travis, and Elizabeth Travis is now the current owner, and it’s called Travis Ranch," Sotheby’s Associate Broker Bob Cardinale said. "We’ve got about 20,000 square feet of house."

In all that space at 12 Avenida De Rey are five bedrooms; a pueblo-style kitchen; two walk-in closets (one of which is the size of some studio apartments); guest house; 13 stables, six garages, a bowling alley and a shooting range.

"The whole thing is adobe, from the garage to the stables," Cardinale said.

And it could be yours for $9.9 million.

"It’s pretty ideal for a ranch right in the city," Cardinale said.

Travis Ranch is the fourth most expensive property on the market statewide, according to a Property Sharks article that says nine of the top 10 priciest homes are nestled in Santa Fe.

That’s no surprise for local realtors.

"Because Santa Fe is a small town with a big town culture," Darlene Streit, a Sotheby’s real estate broker, said. "Santa Fe has world class opera, one of the largest art markets. It also has the symphony. We have so much culture and sophistication for such a small town. I think that brings a lot of second home buyers; a lot of people retiring here; selling their homes in other markets and being able to retire on some of the proceeds."

The locations for the priciest homes are spread out, from the hills with sprawling views to locations within walking distance of the plaza.

While many of these homes bring some serious sticker shock in New Mexico, they’re a bargain compared to other parts of the country.

"You can get a much bigger house here for the same price you can in L.A. or New York or some of those coastal markets," Streit said.

Albuquerque realtors say Santa Fe has more multi-million dollar homes because of demographics and income levels that drive up the market price.

Right now, the most expensive home on the market in Albuquerque is in the heights near Wyoming and Tramway, listed by Sotheby’s for $3.9 million.

Source Article

The post A look at New Mexico’s most expensive homes appeared first on Find Apartments For Rent In Santa-Fe.

Learn More: http://www.aicarzu.com/a-look-at-new-mexicos-most-expensive-homes/

[aicarzu]

Titan Santa Fe groundbreaking – Albuquerque Business First

See Correction/Clarification at end of article

Titan Development is breaking new ground north of Albuquerque.

The New Mexico-based real estate developer broke ground Wednesday on its luxury multifamily project Broadstone Rodeo, in Santa Fe.

The 188-unit project is one of the first Class A multifamily projects to be built in Santa Fe in over 20 years, according to Titan Development. Broadstone Rodeo is the sixth project Titan and Alliance Residential have partnered on. Phoenix-based Alliance Residential is a multifamily real estate company with offices throughout the West, Southwest, South-Central, Southeast, Mid-Atlantic and Northeast.

“There is tremendous demand for high-quality multifamily in Santa Fe,” said Titan Principal Drew Dolan in a statement. “Tertiary markets like Santa Fe have been overlooked through this real estate cycle, but with local relationships, a track record for developing quality projects and the unique understanding of specific markets, Titan is well positioned to be successful in markets like Santa Fe all across the country.”

Broadstone Rodeo is the first multifamily project from Titan’s Development Real Estate Fund I. The fund was established to raise and invest equity in about $200 million of Titan Development’s existing pipeline as well as other investment opportunities.

Units at the $34 million project will be available starting in the fall of 2019, with prices ranging up to $1,300 for one-and two-bedroom units, according to the Santa Fe New Mexican. Amenities will include a gated entrance, a lounge, entertainment room, patios, covered parking, a resort-style pool and a modern-day fitness center.

Titan Development is a real estate developer founded in 1999. It has been involved in over $2 billion of real estate development, including Albuquerque’s Cabela’s and the 218,000-square-foot Hewlett Packard building.

Correction/Clarification

This story has been updated to correct that Broadstone Rodeo is the first multifamily project from Titan’s Development Real Estate Fund I.

Source Article

The post Titan Santa Fe groundbreaking – Albuquerque Business First appeared first on Find Apartments For Rent In Santa-Fe.

Learn More: http://www.aicarzu.com/titan-santa-fe-groundbreaking-albuquerque-business-first-6/

[aicarzu]

New Mexico most expensive homes for sale – Albuquerque Business First

Private bowling alleys, indoor shooting ranges, a private museum.

Those are some of the amenities you’ll find in some of the most expensive homes in New Mexico that are on the market.

The website Property Shark published a list of the most expensive homes for sale in the state. Most of the homes on the list are around the Santa Fe area. The starting price for a luxury home on the list? $4.9 million. And the most expensive home on Property Shark’s list comes in at a cool $13.7 million. The Tesuque Ridge property in Santa Fe features six bedrooms, 13 fireplaces and an Addison Mizner-inspired library,and is accessible by a private bridge.

View the accompanying list to see the most expensive luxury homes on Property Shark’s list. Not pictured is 196 Circle Drive, Santa Fe.

While the homes on Property Shark’s list are definitely pricey, New Mexico has seen more expensive homes hit the market, including Tom Ford’s Santa Fe luxury ranch, which had been listed for $75 million. It is still listed but without a price. Jane Fonda’s Lightning Ranch was once listed for $19.5 million, and sold in October 2015.

April home sales were up 40 percent year over year with median prices growing 10 percent over the same period, according to data from the Realtors Associations of New Mexico. Santa Fe ranks as the hottest global market for luxury second homes, with sales volume in the luxury home category reaching pre-recession levels, according to Christie’s International Real Estate.

Source Article

The post New Mexico most expensive homes for sale – Albuquerque Business First appeared first on Find Apartments For Rent In Santa-Fe.

Learn More: http://www.aicarzu.com/new-mexico-most-expensive-homes-for-sale-albuquerque-business-first/

[aicarzu]

Titan Santa Fe groundbreaking – Albuquerque Business First

See Correction/Clarification at end of article

Titan Development is breaking new ground north of Albuquerque.

The New Mexico-based real estate developer broke ground Wednesday on its luxury multifamily project Broadstone Rodeo, in Santa Fe.

The 188-unit project is one of the first Class A multifamily projects to be built in Santa Fe in over 20 years, according to Titan Development. Broadstone Rodeo is the sixth project Titan and Alliance Residential have partnered on. Phoenix-based Alliance Residential is a multifamily real estate company with offices throughout the West, Southwest, South-Central, Southeast, Mid-Atlantic and Northeast.

“There is tremendous demand for high-quality multifamily in Santa Fe,” said Titan Principal Drew Dolan in a statement. “Tertiary markets like Santa Fe have been overlooked through this real estate cycle, but with local relationships, a track record for developing quality projects and the unique understanding of specific markets, Titan is well positioned to be successful in markets like Santa Fe all across the country.”

Broadstone Rodeo is the first multifamily project from Titan’s Development Real Estate Fund I. The fund was established to raise and invest equity in about $200 million of Titan Development’s existing pipeline as well as other investment opportunities.

Units at the $34 million project will be available starting in the fall of 2019, with prices ranging up to $1,300 for one-and two-bedroom units, according to the Santa Fe New Mexican. Amenities will include a gated entrance, a lounge, entertainment room, patios, covered parking, a resort-style pool and a modern-day fitness center.

Titan Development is a real estate developer founded in 1999. It has been involved in over $2 billion of real estate development, including Albuquerque’s Cabela’s and the 218,000-square-foot Hewlett Packard building.

Correction/Clarification

This story has been updated to correct that Broadstone Rodeo is the first multifamily project from Titan’s Development Real Estate Fund I.

Source Article

The post Titan Santa Fe groundbreaking – Albuquerque Business First appeared first on Find Apartments For Rent In Santa-Fe.

Learn More: http://www.aicarzu.com/titan-santa-fe-groundbreaking-albuquerque-business-first-5/

[aicarzu]

Titan Santa Fe groundbreaking – Albuquerque Business First

See Correction/Clarification at end of article

Titan Development is breaking new ground north of Albuquerque.

The New Mexico-based real estate developer broke ground Wednesday on its luxury multifamily project Broadstone Rodeo, in Santa Fe.

The 188-unit project is one of the first Class A multifamily projects to be built in Santa Fe in over 20 years, according to Titan Development. Broadstone Rodeo is the sixth project Titan and Alliance Residential have partnered on. Phoenix-based Alliance Residential is a multifamily real estate company with offices throughout the West, Southwest, South-Central, Southeast, Mid-Atlantic and Northeast.

“There is tremendous demand for high-quality multifamily in Santa Fe,” said Titan Principal Drew Dolan in a statement. “Tertiary markets like Santa Fe have been overlooked through this real estate cycle, but with local relationships, a track record for developing quality projects and the unique understanding of specific markets, Titan is well positioned to be successful in markets like Santa Fe all across the country.”

Broadstone Rodeo is the first multifamily project from Titan’s Development Real Estate Fund I. The fund was established to raise and invest equity in about $200 million of Titan Development’s existing pipeline as well as other investment opportunities.

Units at the $34 million project will be available starting in the fall of 2019, with prices ranging up to $1,300 for one-and two-bedroom units, according to the Santa Fe New Mexican. Amenities will include a gated entrance, a lounge, entertainment room, patios, covered parking, a resort-style pool and a modern-day fitness center.

Titan Development is a real estate developer founded in 1999. It has been involved in over $2 billion of real estate development, including Albuquerque’s Cabela’s and the 218,000-square-foot Hewlett Packard building.

Correction/Clarification

This story has been updated to correct that Broadstone Rodeo is the first multifamily project from Titan’s Development Real Estate Fund I.

Source Article

The post Titan Santa Fe groundbreaking – Albuquerque Business First appeared first on Find Apartments For Rent In Santa-Fe.

Learn More: http://www.aicarzu.com/titan-santa-fe-groundbreaking-albuquerque-business-first-4/

[aicarzu]

Santa Fe publisher pleads guilty to attempted tax evasion

SANTA FE, N.M. — A Santa Fe magazine publisher who owes the state more than $100,000 in unpaid gross receipts tax has pleaded guilty to attempted tax evasion.

The Santa Fe New Mexican reports Trend magazine publisher Cynthia Canyon pleaded guilty on Monday to five felony counts of attempting to evade taxes.

Canyon is expected to serve five years of supervised probation and pay restitution as part of a plea deal.

According the agreement, if Canyon violates probation she could be sent to jail for the remaining term of the probation. If she completes probation without violating, she will receive a conditional discharge — meaning she will not have a conviction on her record.

Information from: The Santa Fe New Mexican, http://www.santafenewmexican.com

Source Article

The post Santa Fe publisher pleads guilty to attempted tax evasion appeared first on Find Apartments For Rent In Santa-Fe.

Learn More: http://www.aicarzu.com/santa-fe-publisher-pleads-guilty-to-attempted-tax-evasion-3/

[aicarzu]

Santa Fe publisher pleads guilty to attempted tax evasion

SANTA FE, N.M. — A Santa Fe magazine publisher who owes the state more than $100,000 in unpaid gross receipts tax has pleaded guilty to attempted tax evasion.

The Santa Fe New Mexican reports Trend magazine publisher Cynthia Canyon pleaded guilty on Monday to five felony counts of attempting to evade taxes.

Canyon is expected to serve five years of supervised probation and pay restitution as part of a plea deal.

According the agreement, if Canyon violates probation she could be sent to jail for the remaining term of the probation. If she completes probation without violating, she will receive a conditional discharge — meaning she will not have a conviction on her record.

Information from: The Santa Fe New Mexican, http://www.santafenewmexican.com

Source Article

The post Santa Fe publisher pleads guilty to attempted tax evasion appeared first on Find Apartments For Rent In Santa-Fe.

Learn More: http://www.aicarzu.com/santa-fe-publisher-pleads-guilty-to-attempted-tax-evasion-2/

[aicarzu]

Titan Santa Fe groundbreaking – Albuquerque Business First

See Correction/Clarification at end of article

Titan Development is breaking new ground north of Albuquerque.

The New Mexico-based real estate developer broke ground Wednesday on its luxury multifamily project Broadstone Rodeo, in Santa Fe.

The 188-unit project is one of the first Class A multifamily projects to be built in Santa Fe in over 20 years, according to Titan Development. Broadstone Rodeo is the sixth project Titan and Alliance Residential have partnered on. Phoenix-based Alliance Residential is a multifamily real estate company with offices throughout the West, Southwest, South-Central, Southeast, Mid-Atlantic and Northeast.

“There is tremendous demand for high-quality multifamily in Santa Fe,” said Titan Principal Drew Dolan in a statement. “Tertiary markets like Santa Fe have been overlooked through this real estate cycle, but with local relationships, a track record for developing quality projects and the unique understanding of specific markets, Titan is well positioned to be successful in markets like Santa Fe all across the country.”

Broadstone Rodeo is the first multifamily project from Titan’s Development Real Estate Fund I. The fund was established to raise and invest equity in about $200 million of Titan Development’s existing pipeline as well as other investment opportunities.

Units at the $34 million project will be available starting in the fall of 2019, with prices ranging up to $1,300 for one-and two-bedroom units, according to the Santa Fe New Mexican. Amenities will include a gated entrance, a lounge, entertainment room, patios, covered parking, a resort-style pool and a modern-day fitness center.

Titan Development is a real estate developer founded in 1999. It has been involved in over $2 billion of real estate development, including Albuquerque’s Cabela’s and the 218,000-square-foot Hewlett Packard building.

Correction/Clarification

This story has been updated to correct that Broadstone Rodeo is the first multifamily project from Titan’s Development Real Estate Fund I.

Source Article

The post Titan Santa Fe groundbreaking – Albuquerque Business First appeared first on Find Apartments For Rent In Santa-Fe.

Learn More: http://www.aicarzu.com/titan-santa-fe-groundbreaking-albuquerque-business-first-3/

[aicarzu]

Santa Fe publisher pleads guilty to attempted tax evasion

SANTA FE, N.M. — A Santa Fe magazine publisher who owes the state more than $100,000 in unpaid gross receipts tax has pleaded guilty to attempted tax evasion.

The Santa Fe New Mexican reports Trend magazine publisher Cynthia Canyon pleaded guilty on Monday to five felony counts of attempting to evade taxes.

Canyon is expected to serve five years of supervised probation and pay restitution as part of a plea deal.

According the agreement, if Canyon violates probation she could be sent to jail for the remaining term of the probation. If she completes probation without violating, she will receive a conditional discharge — meaning she will not have a conviction on her record.

Information from: The Santa Fe New Mexican, http://www.santafenewmexican.com

Source Article

The post Santa Fe publisher pleads guilty to attempted tax evasion appeared first on Find Apartments For Rent In Santa-Fe.

Learn More: http://www.aicarzu.com/santa-fe-publisher-pleads-guilty-to-attempted-tax-evasion/

[aicarzu]

Luna Capital craft beer Albuquerque – Albuquerque Business First

Santa Fe brokerage and real estate firm Luna Capital has released a report analyzing a shift in New Mexico’s craft brewing scene that it says indicates "moderate growth" and maturation.

"Within New Mexico, top brands that are well established are seeing growth of 15 percent to 40 percent, and should continue due to local support, regional growth, customer loyalty and quality craft beer," the report states.

Recently, craft brewers have become a bright spot for the industry.

Nationally, craft breweries saw an overall increase in beer production of 5 percent, despite the fact that total beer sales were down 1 percent in 2017, according to the Brewers Association.

Overall, craft beer growth accounted for $26 billion in the industry and saw a total beer market share of 12.7 percent.

The Luna Capital report emphasizes that as the industry continues to mature, the amount of competition increases as the amount of consumers typically stagnates. This is due to the fact that the amount of beer drinkers is not growing as fast as the amount of breweries entering the market.

"As new breweries come online, per brewery-growth has slowed significantly in the last few years, leaving many microbreweries well below their projected growth numbers," the report states.

It also detailed production and consumption trends.

According to the report, beers with lower bitterness levels are seeing a renaissance both in the realm of lagers and pilsners as well as IPAs. On-premise consumption is also becoming more popular and is one of the reasons for craft beer’s growth, according to New Mexico Brewers Guild Executive Director John Gozigian.

"Those big guys, they can’t have taprooms and breweries in all these different states,” he said in an April interview. “People like to be able to walk down the street to their local brewery.”

This trend seems to have caught the attention of large companies.

Over the last several years, St. Louis beer giant Anheuser Busch-InBev, the world’s largest producer, has purchased several craft breweries. Its most recent acquisition was the North Carolina-based Wicked Weed brand. Since 2011, Anheuser Busch-InBev has bought 10 similar companies.

In 2017, New Mexico had 67 craft breweries that were responsible for producing 116,023 barrels of beer and a $333 million economic impact, according to the Brewers Association.

Source Article

The post Luna Capital craft beer Albuquerque – Albuquerque Business First appeared first on Find Apartments For Rent In Santa-Fe.

Learn More: http://www.aicarzu.com/luna-capital-craft-beer-albuquerque-albuquerque-business-first/

[aicarzu]

Titan Santa Fe groundbreaking – Albuquerque Business First

Titan Development is breaking new ground north of Albuquerque.

The New Mexico-based real estate developer broke ground Wednesday on its luxury multifamily project Broadstone Rodeo, in Santa Fe.

The 188-unit project is one of the first Class A multifamily projects to be built in Santa Fe in over 20 years, according to Titan Development. Broadstone Rodeo is the sixth project Titan and Alliance Residential have partnered on. Phoenix-based Alliance Residential is a multifamily real estate company with offices throughout the West, Southwest, South-Central, Southeast, Mid-Atlantic and Northeast.

“There is tremendous demand for high-quality multifamily in Santa Fe,” said Titan Principal Drew Dolan in a statement. “Tertiary markets like Santa Fe have been overlooked through this real estate cycle, but with local relationships, a track record for developing quality projects and the unique understanding of specific markets, Titan is well positioned to be successful in markets like Santa Fe all across the country.”

Broadstone Rodeo is the first project from Titan’s Development Real Estate Fund I. The fund was established to raise and invest equity in about $200 million of Titan Development’s existing pipeline as well as other investment opportunities.

Units at the $34 million project will be available starting in the fall of 2019, with prices ranging up to $1,300 for one-and two-bedroom units, according to the Santa Fe New Mexican. Amenities will include a gated entrance, a lounge, entertainment room, patios, covered parking, a resort-style pool and a modern-day fitness center.

Titan Development is a real estate developer founded in 1999. It has been involved in over $2 billion of real estate development, including Albuquerque’s Cabela’s and the 218,000-square-foot Hewlett Packard building.

Source Article

The post Titan Santa Fe groundbreaking – Albuquerque Business First appeared first on Find Apartments For Rent In Santa-Fe.

Learn More: http://www.aicarzu.com/titan-santa-fe-groundbreaking-albuquerque-business-first-2/

[aicarzu]

Titan breaks ground on Santa Fe project

Titan Development is breaking new ground north of Albuquerque.

The New Mexico-based real estate developer broke ground Wednesday on its luxury multifamily project Broadstone Rodeo, in Santa Fe.

The 188-unit project is one of the first Class A multifamily projects to be built in Santa Fe in over 20 years, according to Titan Development. Broadstone Rodeo is the sixth project Titan and Alliance Residential have partnered on. Phoenix-based Alliance Residential is a multifamily real estate company with offices throughout the West, Southwest, South-Central, Southeast, Mid-Atlantic and Northeast.

“There is tremendous demand for high-quality multifamily in Santa Fe,” said Titan Principal Drew Dolan in a statement. “Tertiary markets like Santa Fe have been overlooked through this real estate cycle, but with local relationships, a track record for developing quality projects and the unique understanding of specific markets, Titan is well positioned to be successful in markets like Santa Fe all across the country.”

Broadstone Rodeo is the first project from Titan’s Development Real Estate Fund I. The fund was established to raise and invest equity in about $200 million of Titan Development’s existing pipeline as well as other investment opportunities.

Units at the $34 million project will be available starting in the fall of 2019, with prices ranging up to $1,300 for one-and two-bedroom units, according to the Santa Fe New Mexican. Amenities will include a gated entrance, a lounge, entertainment room, patios, covered parking, a resort-style pool and a modern-day fitness center.

Titan Development is a real estate developer founded in 1999. It has been involved in over $2 billion of real estate development, including Albuquerque’s Cabela’s and the 218,000-square-foot Hewlett Packard building.

Source Article

The post Titan breaks ground on Santa Fe project appeared first on Find Apartments For Rent In Santa-Fe.

Learn More: http://www.aicarzu.com/titan-breaks-ground-on-santa-fe-project/

[aicarzu]

Progressives take the lead in northern NM

Susan Herrera watches election results with friends during a watch party at the Blue Heron Brewery in Española on Tuesday night. Herrera appeared to have knocked off longterm state Rep. Debbie Rodella in House District 41. (Eddie Moore/Albuquerque Journal)

SANTA FE — Challengers who ran as progressives against northern New Mexico incumbents Debbie Rodella and Carl Trujillo appeared to be on their way to victories late Tuesday night in pair of bitterly contested Democratic primary races for state House of Representatives seats.

Andrea Romero, an ostrich farmer and former executive director of the Regional Coalition of LANL Communities, had accumulated more than 55 percent of the vote against incumbent and national lab scientist Carl Trujillo — who is facing sexual harassment allegations by a Roundhouse lobbyist — in northern Santa Fe County’s District 46 in incomplete but substantial returns.

Romero has been plagued by her own controversy over spending public dollars for booze and baseball tickets for Coalition events. Her contract to run the organization expired amid the controversy.

Rodella, in office for 25 years, was losing to Susan Herrera, former executive director of the Los Alamos National Laboratory Foundation, in District 41, centered around Española in Rio Arriba County, and also including parts of Santa Fe and Taos County. Herrera had 56 percent of the vote.

Andrea Romero

Both challengers took liberal stances on issues such as abortion rights and gun control, and maintained that the two incumbents were too conservative for their heavily Democratic districts.

Romero said she received a phone call from House Speaker Brian Egolf late in the evening saying things were looking good for her.

“It’s about unity,” she said. “We have a very big district. We stood up for the things we believe in in what is a richly Democratic district.” She said Trujillo’s position on abortion rights, and the money from big oil and gas that went to him were not in tune with Democratic Party values. Trujillo maintained his positions were misrepresented.

“Now it’s about coming together,” Romero said. The Democratic primary winners in Districts 46 and 41 face no opposition in the November general election.

In other northern New Mexico Democratic House races, Los Alamos County councilor and former attorney with Los Alamos National Laboratory Christine Chandler had 53 percent of the vote against Peter Sheehey, her colleague on the council and a retired lab physicist, in District 43. The winner faces off against Republican Lisa Shin in the November general election.

In a three-way race in District 40, Joseph Sanchez, of Alcalde, an electrical engineer and former director of the Jemez Mountains Electrical Cooperative, was outpacing Paula Garcia, executive director of the New Mexico Acequia Association and a Mora County commissioner, and Rio Arriba County Commissioner Barney Trujillo. Sanchez had 49 percent of the votes counted.

In other races:

– Adan Mendoza had pulled away from the pack in the four-way race for Santa Fe County sheriff. He had 43 percent to 36 percent for Linda Ortiz. Leonard Romero and Manuel Anaya were far back.

– In a state District Court judge race in the 1st Judicial District, Maria Sanchez-Gagne appeared to have knocked off incumbent Greg Shaffer, who was appointed to the Division II bench by Gov. Susana Martinez in October. Gagne-Sanchez had 34 percent to 31 percent for Shaffer, with Donna Bevacqua-Young and Jerry Archuleta further back.

– Jason Lidyard, who was appointed to Division V District Court judgeship in the First Judicial District by the governor, was prevailing against Matthew Jackson, earning 60 percent of the votes

– Incumbent David Segura was headed for victory over Jerry Gonzales in the race for Division 1 magistrate judge in Santa Fe County. He had about 78 percent of votes counted by 10 p.m. John Rysanek, a lawyer, was leading over former State Police officer Sam Sena in the Division 3 magistrate judge race. Rysanek had about 53 percent.

– In the race for Santa Fe County commissioner in District 3, Santa Fe school board member Rudy Garcia was well ahead of Donald Reece and Filandro Anaya, both from the southern part of the county. Garcia had 59 percent of the vote.

Source Article

The post Progressives take the lead in northern NM appeared first on Find Apartments For Rent In Santa-Fe.

Learn More: http://www.aicarzu.com/progressives-take-the-lead-in-northern-nm-6/

[aicarzu]

Titan Santa Fe groundbreaking – Albuquerque Business First

Titan Development is breaking new ground north of Albuquerque.

The New Mexico-based real estate developer broke ground Wednesday on its luxury multifamily project Broadstone Rodeo, in Santa Fe.

The 188-unit project is one of the first Class A multifamily projects to be built in Santa Fe in over 20 years, according to Titan Development. Broadstone Rodeo is the sixth project Titan and Alliance Residential have partnered on. Phoenix-based Alliance Residential is a multifamily real estate company with offices throughout the West, Southwest, South-Central, Southeast, Mid-Atlantic and Northeast.

“There is tremendous demand for high-quality multifamily in Santa Fe,” said Titan Principal Drew Dolan in a statement. “Tertiary markets like Santa Fe have been overlooked through this real estate cycle, but with local relationships, a track record for developing quality projects and the unique understanding of specific markets, Titan is well positioned to be successful in markets like Santa Fe all across the country.”

Broadstone Rodeo is the first project from Titan’s Development Real Estate Fund I. The fund was established to raise and invest equity in about $200 million of Titan Development’s existing pipeline as well as other investment opportunities.

Units at the $34 million project will be available starting in the fall of 2019, with prices ranging up to $1,300 for one-and two-bedroom units, according to the Santa Fe New Mexican. Amenities will include a gated entrance, a lounge, entertainment room, patios, covered parking, a resort-style pool and a modern-day fitness center.

Titan Development is a real estate developer founded in 1999. It has been involved in over $2 billion of real estate development, including Albuquerque’s Cabela’s and the 218,000-square-foot Hewlett Packard building.

Source Article

The post Titan Santa Fe groundbreaking – Albuquerque Business First appeared first on Find Apartments For Rent In Santa-Fe.

Learn More: http://www.aicarzu.com/titan-santa-fe-groundbreaking-albuquerque-business-first/

[aicarzu]

Progressives take the lead in northern NM

Susan Herrera watches election results with friends during a watch party at the Blue Heron Brewery in Española on Tuesday night. Herrera appeared to have knocked off longterm state Rep. Debbie Rodella in House District 41. (Eddie Moore/Albuquerque Journal)

SANTA FE — Challengers who ran as progressives against northern New Mexico incumbents Debbie Rodella and Carl Trujillo appeared to be on their way to victories late Tuesday night in pair of bitterly contested Democratic primary races for state House of Representatives seats.

Andrea Romero, an ostrich farmer and former executive director of the Regional Coalition of LANL Communities, had accumulated more than 55 percent of the vote against incumbent and national lab scientist Carl Trujillo — who is facing sexual harassment allegations by a Roundhouse lobbyist — in northern Santa Fe County’s District 46 in incomplete but substantial returns.

Romero has been plagued by her own controversy over spending public dollars for booze and baseball tickets for Coalition events. Her contract to run the organization expired amid the controversy.

Rodella, in office for 25 years, was losing to Susan Herrera, former executive director of the Los Alamos National Laboratory Foundation, in District 41, centered around Española in Rio Arriba County, and also including parts of Santa Fe and Taos County. Herrera had 56 percent of the vote.

Andrea Romero

Both challengers took liberal stances on issues such as abortion rights and gun control, and maintained that the two incumbents were too conservative for their heavily Democratic districts.

Romero said she received a phone call from House Speaker Brian Egolf late in the evening saying things were looking good for her.

“It’s about unity,” she said. “We have a very big district. We stood up for the things we believe in in what is a richly Democratic district.” She said Trujillo’s position on abortion rights, and the money from big oil and gas that went to him were not in tune with Democratic Party values. Trujillo maintained his positions were misrepresented.

“Now it’s about coming together,” Romero said. The Democratic primary winners in Districts 46 and 41 face no opposition in the November general election.

In other northern New Mexico Democratic House races, Los Alamos County councilor and former attorney with Los Alamos National Laboratory Christine Chandler had 53 percent of the vote against Peter Sheehey, her colleague on the council and a retired lab physicist, in District 43. The winner faces off against Republican Lisa Shin in the November general election.

In a three-way race in District 40, Joseph Sanchez, of Alcalde, an electrical engineer and former director of the Jemez Mountains Electrical Cooperative, was outpacing Paula Garcia, executive director of the New Mexico Acequia Association and a Mora County commissioner, and Rio Arriba County Commissioner Barney Trujillo. Sanchez had 49 percent of the votes counted.

In other races:

– Adan Mendoza had pulled away from the pack in the four-way race for Santa Fe County sheriff. He had 43 percent to 36 percent for Linda Ortiz. Leonard Romero and Manuel Anaya were far back.

– In a state District Court judge race in the 1st Judicial District, Maria Sanchez-Gagne appeared to have knocked off incumbent Greg Shaffer, who was appointed to the Division II bench by Gov. Susana Martinez in October. Gagne-Sanchez had 34 percent to 31 percent for Shaffer, with Donna Bevacqua-Young and Jerry Archuleta further back.

– Jason Lidyard, who was appointed to Division V District Court judgeship in the First Judicial District by the governor, was prevailing against Matthew Jackson, earning 60 percent of the votes

– Incumbent David Segura was headed for victory over Jerry Gonzales in the race for Division 1 magistrate judge in Santa Fe County. He had about 78 percent of votes counted by 10 p.m. John Rysanek, a lawyer, was leading over former State Police officer Sam Sena in the Division 3 magistrate judge race. Rysanek had about 53 percent.

– In the race for Santa Fe County commissioner in District 3, Santa Fe school board member Rudy Garcia was well ahead of Donald Reece and Filandro Anaya, both from the southern part of the county. Garcia had 59 percent of the vote.

Source Article

The post Progressives take the lead in northern NM appeared first on Find Apartments For Rent In Santa-Fe.

Learn More: http://www.aicarzu.com/progressives-take-the-lead-in-northern-nm-5/

[aicarzu]

Progressives take the lead in northern NM

Susan Herrera watches election results with friends during a watch party at the Blue Heron Brewery in Española on Tuesday night. Herrera appeared to have knocked off longterm state Rep. Debbie Rodella in House District 41. (Eddie Moore/Albuquerque Journal)

SANTA FE — Challengers who ran as progressives against northern New Mexico incumbents Debbie Rodella and Carl Trujillo appeared to be on their way to victories late Tuesday night in pair of bitterly contested Democratic primary races for state House of Representatives seats.

Andrea Romero, an ostrich farmer and former executive director of the Regional Coalition of LANL Communities, had accumulated more than 55 percent of the vote against incumbent and national lab scientist Carl Trujillo — who is facing sexual harassment allegations by a Roundhouse lobbyist — in northern Santa Fe County’s District 46 in incomplete but substantial returns.

Romero has been plagued by her own controversy over spending public dollars for booze and baseball tickets for Coalition events. Her contract to run the organization expired amid the controversy.

Rodella, in office for 25 years, was losing to Susan Herrera, former executive director of the Los Alamos National Laboratory Foundation, in District 41, centered around Española in Rio Arriba County, and also including parts of Santa Fe and Taos County. Herrera had 56 percent of the vote.

Andrea Romero

Both challengers took liberal stances on issues such as abortion rights and gun control, and maintained that the two incumbents were too conservative for their heavily Democratic districts.

Romero said she received a phone call from House Speaker Brian Egolf late in the evening saying things were looking good for her.

“It’s about unity,” she said. “We have a very big district. We stood up for the things we believe in in what is a richly Democratic district.” She said Trujillo’s position on abortion rights, and the money from big oil and gas that went to him were not in tune with Democratic Party values. Trujillo maintained his positions were misrepresented.

“Now it’s about coming together,” Romero said. The Democratic primary winners in Districts 46 and 41 face no opposition in the November general election.

In other northern New Mexico Democratic House races, Los Alamos County councilor and former attorney with Los Alamos National Laboratory Christine Chandler had 53 percent of the vote against Peter Sheehey, her colleague on the council and a retired lab physicist, in District 43. The winner faces off against Republican Lisa Shin in the November general election.

In a three-way race in District 40, Joseph Sanchez, of Alcalde, an electrical engineer and former director of the Jemez Mountains Electrical Cooperative, was outpacing Paula Garcia, executive director of the New Mexico Acequia Association and a Mora County commissioner, and Rio Arriba County Commissioner Barney Trujillo. Sanchez had 49 percent of the votes counted.

In other races:

– Adan Mendoza had pulled away from the pack in the four-way race for Santa Fe County sheriff. He had 43 percent to 36 percent for Linda Ortiz. Leonard Romero and Manuel Anaya were far back.

– In a state District Court judge race in the 1st Judicial District, Maria Sanchez-Gagne appeared to have knocked off incumbent Greg Shaffer, who was appointed to the Division II bench by Gov. Susana Martinez in October. Gagne-Sanchez had 34 percent to 31 percent for Shaffer, with Donna Bevacqua-Young and Jerry Archuleta further back.

– Jason Lidyard, who was appointed to Division V District Court judgeship in the First Judicial District by the governor, was prevailing against Matthew Jackson, earning 60 percent of the votes

– Incumbent David Segura was headed for victory over Jerry Gonzales in the race for Division 1 magistrate judge in Santa Fe County. He had about 78 percent of votes counted by 10 p.m. John Rysanek, a lawyer, was leading over former State Police officer Sam Sena in the Division 3 magistrate judge race. Rysanek had about 53 percent.

– In the race for Santa Fe County commissioner in District 3, Santa Fe school board member Rudy Garcia was well ahead of Donald Reece and Filandro Anaya, both from the southern part of the county. Garcia had 59 percent of the vote.

Source Article

The post Progressives take the lead in northern NM appeared first on Find Apartments For Rent In Santa-Fe.

Learn More: http://www.aicarzu.com/progressives-take-the-lead-in-northern-nm-4/