At Geltmore, our work is stewardship. Our avocation is the pursuit of physical development that will provide long term benefit to our community thru vibrancy, economic impact, and sustainability.
Our work is aligned with the long term vision of Albuquerque being a thriving 21st century city, competing on a regional, national, and global level. We pursue projects in urban and/or urban-like locations that are walkable, amenity rich and located near transportation, education and job hubs. In an environment where institutional owners dominate the national real estate market, we pride ourselves on having an innate understanding of our local market, a reputation of solving complex real estate challenges, cultivating enduring local relationships, and being a community partner.
We also understand, and subscribe to the famous saying of Lew Wallace that “every calculation based on experience elsewhere fails in New Mexico.”
Albuquerque is the midst of expanding and diversifying our private sector to become less dependent on government, in order to compete effectively in the national economy. This diversification of the private sector will help fuel the demand to repurpose buildings for 21st century companies and ultimately meeting the demand for new buildings in our community. The success of this work is essential not only to the future of our community, but also to our company. As such, we have chosen to take a leadership role in the diversification of our local private sector by investing in our community via angel investment (small scale venture capital). Thru vehicles such as the Verge Fund, ABQid, companies within The BioScience Center, technology from Los Alamos National Labs and New Mexico Tech, our firm is helping fund the development of companies that will grow and expand our tax base while providing job opportunities for future generations.
In addition to investing in the growth and diversification of our community’s private sector, we also focus a significant amount of our time and resources on other types of non-traditional economic development that supplement the work of the private sector. Thru projects such as SOMOS ABQ, policy advocacy thru membership organizations and commissions such as Greater Albuquerque Chamber of Commerce, NAIOP NM, CARNM, ICSC, Albuquerque Economic Development), Leadership New Mexico, Downtown ABQ Main Street, Uptown Progress Team, Middle Rio Grande Council of Governments, Jewish Community Center, Albuquerque Development Commission, and the State Economic. Commission. We believe that our participation and involvement in these efforts will help raise the tide for New Mexico. Crescit Eundo.