Investors Realize 121% Cumulative Return as National Asset Services Delivers Buyer for New Mexico Multifamily Property
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LAS CRUCES, N.M., Jan. 6, 2021 /PRNewswire/ National Asset Services, (NAS) one of the Nation s leading commercial real estate companies, has successfully facilitated the sale of Casa Bandera Apartments in Las Cruces, NM. The transaction resulted in a cumulative return of 121% over the investment s holding period for property ownership.
National Asset Services, (NAS) one of the Nation s leading commercial real estate companies, has successfully facilitated the sale of Casa Bandera Apartments in Las Cruces, NM.
Headquartered in Los Angeles, CA, NAS manages a wide range of diverse commercial real estate: Office, medical office, multifamily, retail, student housing, assisted living and industrial flex properties.
The coronavirus SARS-CoV-2 can replicate only after using its spike proteins to bind with receptors on human cells, then injecting its genetic code into a host cell, as depicted in this artist’s impression, then hijacking the host cell’s reproduction machinery. Credit: SCIGRAPHIX / S. Westermann
Given Covid fatigue, you’re excused if you cut down on doomscrolling and tried to ignore the bad pandemic news as 2020 wound down. But welcome to 2021. Covid-19 hospitalizations and deaths continue rising in the United States and elsewhere, vaccine rollouts are proceeding slower than hoped, and a post-holiday surge in cases looms.
Here are brief summaries of several important recent developments and ominous trends:
Later this month, New Mexico lawmakers will have another chance to fix an economic problem that has plagued the state for decades.
“For at least 40 years people in the state government and the Legislature have known that they are overly dependent on oil and gas for state revenue,” says Jim Peach, regents professor of economics at New Mexico State University.
Right now, more than 40% of the state’s income relies on the boom-and-bust fortunes of oil and gas. Now, according to a trio of New Mexico’s leading economists, the time has come to change course.
“Like it or not, we’re at the tail end of the fossil fuel age,” Peach says. “We really are.”
COVID-19 disparities force a public health reckoning
Marjorie Childress, Shaun Griswold and Aliya Uteuova
New Mexico In Depth
The coronavirus feels the way it looks in widely circulated images, said Cleo Otero: like a thorn.
“That’s how it felt inside my body, especially my lungs. It was painful. Like it was scratching the inside of your body. I could really literally feel the virus inside my body.”
Otero’s first clue she was sick came at the laundromat in Albuquerque where she usually buys a bag of spicy chips as she waits on her clothes. On that Friday in July, she couldn’t taste the chips, and she couldn’t smell them either. A headache came on, the kind with intense pressure behind the eyes. At first she thought it was due to her diabetes because she hadn’t been consistent lately with her medication. By Saturday, she was laid out on the couch in the one-bedroom apartment she shares with her partner and 7-year old son. By Sunday, she had a fever, her throat and