The first-ever Ronald McDonald House designed and built for a hotel has officially opened at the Marriott Springhill Suites at The Highlands, adjacent to Presbyterian Hospital in downtown Albuquerque, New Mexico.

More than 2.5 million square feet of industrial space was leased in the first quarter, with another 11.4 million square feet under construction across 30 buildings. Dive into a recent report on this booming part of the real estate scene.

Nearly a decade ago, Santa Fe was a nonstarter for Josh Rogers, a high-ranking official with Titan Development. Though Santa Fe had all the trappings of a magnetic housing market, Rogers said the Albuquerque-based firm avoided the state capital and its Byzantine housing codes in lieu of more attractive opportunities.

From the start of the supply chain to the finished project, Albuquerque-area contractors say soaring materials costs are making it more expensive to build.

While industrial was a preferred investment vehicle prior to the pandemic, the impacts of COVID-19 have further cemented the property type's place as the favorite asset class amount investors.

“Commercial transactions are likely to pick up in the second half of 2021 and in 2022 as more people get vaccinated and more businesses open,” the NAR Q4 2020 Austin-Round Rock market report stated.

Another class A industrial park will be built along the State Highway 130 corridor after Titan Development Ltd. won zoning approval from the city of Georgetown for Gateway35 Commerce Center, set on nearly 86 acres near the intersection of the 130 toll road and I-35.

Cushman & Wakefield announced today that the commercial real estate services firm has arranged the sale of three self-storage properties located in Gilbert and Phoenix, Arizona. The final sale price was $39.5 million.

A New Mexico commercial real estate developer recently raised nearly $100 million in private equity – but not in the sector you might be picturing.

Titan Development announced that it raised $95 million in capital toward multifamily and industrial developments across the Southwest.

Watercrest Winter Park Assisted Living and Memory Care was officially welcomed to the community with a celebratory ribbon-cutting ceremony by the Winter Park Chamber of Commerce. The 107-unit, resort-style senior living community welcomed its first residents to their newly-constructed home last year in the idyllic neighborhood of Winter Park.