New Mexico Apartments
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Industry Updates
As we come to the end of 2017, I have realized what an amazing year this has been for our association and our industry. I truly appreciate the wonderful people that are the Apartment Association of New Mexico. We have had a lot of great opportunities this year for education, socials, conference and giving not only to our community but to each other.
I want to express my heartfelt thanks to you for re-electing me as President and I am excited to work with the returning and newly elected Board members. I would also like to express my sincere thanks to our outgoing board members, Kim Rhoades, Josh Rogers, and Gina Corbin-Bombard. Even though they leave us as board members, I know they will continue to support and serve AANM.
Looking ahead to 2018, I am excited for the many fun events, classes, trainings and mixers we have planned. Please mark your calendar as the annual ACTS conference has been moved from August to April. The dates are Wednesday the 11th through Friday the 13th. Maintenance Mania® will be in September.
May the joy and blessing of the Holiday Season be with you and your loved ones, now, and through the New Year. We’ll see you in 2018.

-Bobby Griffith

Whew! We made it to 2018. Did it seem like 2017 went on forever? Or did your year go by too fast? Are you discouraged that you didn’t achieve all that you wanted to in 2017? I don’t know about you, but I’m happy to turn the calendar and have a clean start in the new year. Now’s your opportunity to reevaluate and begin again, too.
Whatever your experience with this past year, the New Year holds the promise of a fresh outlook. Here are a few ways to renew, refresh, and regroup to make the most of 2018.
Check out the AANM Member Budget Guide to help you plan for events, education, and membership in your 2018 budget.
The AANM office will be closed December 25 & 26, 2017 and January 1, 2018.
Naylor Association Solutions
AANM offers over 500 hours of education every year.

Sign up for a specific offering below or visit our website for a detailed list of all classroom seminars, luncheons, and events.
Did you know that AANM members receive a $5 discount to attend any of the Webinar Wednesday series through Multifamily Insiders? Simply enter the promo code 16AANM to discount your registration!
Can’t get out of the office, but recognize the importance of industry education? AANM offers monthly "TeleForums."
Calendar of Events
Stay up to date on networking and events on the AANM calendar.
The 2017 AANM Charity Gala was a great success, where members raised over $12,000 directly benefiting the NM Veterans Integration Center. Thanks to everybody that contributed time, talent, and treasure towards a worthy cause.
Apartment Conference & Trade Show
Exhibitor registration is now open.
A letter from the CEO of the National Apartment Association:

I would like to take a moment to update you on the latest developments with tax reform. Early this morning, the U.S. Senate passed its tax reform legislation by a vote of 51-49. On Monday, there will be a vote by the U.S. House of Representatives (which passed its own tax reform bill on November 16) to formally authorize a conference where the two chambers will work to resolve the differences between the two pieces of legislation. It is unclear how long and substantive that conference will be.

This has been a rather unique legislative process, both in terms of the speed of consideration of the legislation and the outstanding questions as to the practical effects of some elements. That said, many tax code provisions of importance to the apartment housing industry are left largely intact, including the deductibility of business interest, 1031 "like-kind" exchanges, carried interest and the Low-income Housing Tax Credit. These were all leading priorities for NAA. Both bills also create a new, lower tax rate for pass-through businesses, albeit using very different structures. Notably, the Senate version would extend the depreciation period for multifamily buildings from 27.5 to 30 years for those who would like to retain full deductibility of business interest.

Depending on the shape of the final legislation, there could be elements that negatively impact the apartment housing industry. NAA will work with our members to assess the entire package and the interaction of its many moving parts, ascertain the breadth and depth of any adverse effects and seek policy remedies as necessary. Our advocacy work will continue, and we will undoubtedly ask you to make your voice heard again.

As you know, one of the main goals for launching our Protect the Lease national grassroots campaign was to prevent a repeat of the 1986 Tax Reform Act, which decimated commercial real estate for nearly a decade. Our strategy has been to ensure that the apartment housing industry had a voice in the debate this time and positively influenced the ultimate legislative product. And thanks to thousands of letters to Capitol Hill, you were invaluable in helping us communicate effectively with Congress on our concerns and the importance of apartment homes to the nation’s future economic growth.

Bob Pinnegar, CAE
President and CEO
As many of you know, the even numbered years result in a 30-day Legislative Session for the State of New Mexico. Additionally, it means that only bills germane to the budget are considered for the session. That is, unless the Governor puts a particular bill "on the call." At the 2017 Legislative Session, AANM sponsored a bill (HB413) that was given a unanimous do pass from the House Business Industry and Commerce committee. On Monday, November 13th, members of the Government Affairs Committee (GAC) met with Matthew Stackpole, Deputy General Counsel to educate him, and thus the Governor, on the importance of this legislation being heard in the 2018 Legislative Session.
The meeting, which was attended by Steven Phillips (GAC Chair), Chuck Sheldon (GAC Vice Chair), Gene Vance (AANM Legal Counsel), and Kelle Senyé (AANM Executive Director), and Joe Thompson (AANM lobbyist) received positive response from Mr. Stackpole. while we wait to hear if the Governor will put this on the call, the GAC willl consider the Legislators that we want to sponsor the bill.
Under our New Mexico Uniform Owner-Resident Relations Act, a resident who disturbs others, commits crimes, damages the property or holds over after the lease has ended can be evicted only after notice and a trial that provides due process of law. However, there is a major flaw in the statute which is allowing some of the worst offenders to remain on the property for years, continuing to disturb and endanger others after that trial. The sheriff cannot carry out the eviction if the resident files a one sentence notice of appeal. Whether there are reasons for the appeal or not, the resident stays in the apartment until the appeal is decided. In the normal caseload, this means a dangerous resident will stay months after the trial which resulted in the eviction, without so much as proving a single error in his trial. In the current backlog, the offending resident can remain a nuisance or danger to his neighbors for a year or more. Moreover, residents are filing repeated appeals in the same case, and they remain on the property until the repeated groundless appeals are dismissed. The automatic stay on appeal needs to be abolished for cases not based upon nonpayment of rent, and these cases should be treated like other civil cases and allowing a stay only on a bond and terms set by the trial court.
Naylor Association Solutions
Member News/Resources
YOU are the Apartment Association of New Mexico! You should have received your 2018 dues invoices in the mail, but please let us know if you didn’t. Invoices are automatically delivered to the billing address on site. If you need anything emailed or additional copies, simply log your AANM member compass. Contact Stacey for special accommodations.  
2017 AMSTR is available. AANM Members receive a complimentary summary of ABQ/SF/RR area. The full report is available in PDF or print versions to members and in print version only to non-members.
AANM members and their families receive a discounted nightly room rate of $114 for single and double occupancy, including complimentary high-speed wireless internet, at the Sheraton Albuquerque Uptown. Employees of member companies can use this discount for visiting owners, regional managers, etc. This rate also applies to family visiting from out of town! Individual reservations can be made through their website (link below) or by calling 1-800-325-3535.
One of the many benefits AANM members receive is an active database of resumes from current job seekers as well as the opportunity to post open positions. Primary and Associate members are encouraged to use this valuable tool.
Post jobs:
Browse the resume database:
1. Click on LOGIN at the top of page.
2. Click on "CREATE AN ACCOUNT."
3. On the Membership & Account Access, click again on "CREATE AN ACCOUNT."
4. Choose if you’d like to connect with Facebook, Google+, or with a unique email and password.
5. Enter your information

Hint: Your "Parent Company" is the property that you work for, unless you work directly for the corporate office. For vendors members, it’s simply your company.
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