New Mexico Apartments
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Industry Updates
 
   
The rental housing industry and Apartment Association of New Mexico enter the new year with continued momentum. I am excited to be your 2018 AANM President of the Board. We made a significant addition to our Executive Committee with the addition of the Vice President of Education. This volunteer position, added in a bylaw amendment in 2017, will chair the Education Committee and aid us in fostering more communication between our Board leadership and monthly developments in education programming for our members.
The annual Apartment Conference and Trade Show (ACTS) has a new date, scheduled for April 11-13th. This year’s conference, "Spring Training" will be chock full of education, networking, good food, and lots of fun! It is not without significant recognition that we host ACTS in April, Fair Housing Month and the 50th anniversary of the Fair Housing Act. Look for noteworthy speakers and sessions focused on this topic, as well as many others to support your team’s continued professional development.
Each year the conference gets bigger and better, and I can assure you that this year is no exception. I look forward to seeing you there!
In the meantime, please make plans to join us at our first membership luncheon of 2018 on February 20th. Keri Stewart with Results 4 Business will engage you on many levels, regardless of your position or job description.
I am honored to serve you.

-Bobby Griffith

 
 
   
From Texas to Florida to California, communities are initiating the process of recuperation and rebuilding following disaster. For owners and operators of apartments affected by hurricane, flooding or fire damages, this means rehabilitating our residents’ homes, but also helping local staff with their own challenges of displacement and loss.
 
ICast
Education
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."
 
Apartment Conference & Trade Show
Exhibitor registration is now open.
 
Advocacy
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.

Regards,
Bob Pinnegar, CAE
President and CEO
 
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.  
 
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: https://www.aanm.org/post-jobs
Browse the resume database: https://www.aanm.org/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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