Realtors and developers give big money to ABQ mayoral candidates

The amount of money being raised and spent so far in the Albuquerque mayor’s race is already an unprecedented $2,646,494. Of that, 68 percent comes from private contributors to candidates. An often heard saying about elections is that candidates spend their time asking anyone they can find for money to fund their campaigns. But a look at the campaigns of the three candidates raising the most in private dollars suggests one constituency is being asked a lot more than others. The real estate and land development sector has given roughly $1 of every $4 raised so far in the Albuquerque mayoral race once you subtract public financing dollars for one candidate and a half-a-million-dollar loan another candidate gave to himself, an NMID analysis shows.