Albuquerque

Albuquerque. Photo by Sean Pavone/iStockphoto.com

Albuquerque Multifamily Report – September 2023

While some other markets stumble, rent growth is solid in New Mexico.

Completed in 1967 and 1968 respectively, Mountain View II and III encompass 18 buildings. Image courtesy of Yardi Matrix

CPP Buys 2 Albuquerque Affordable Assets

The new owner will invest about $95,000 per unit in renovations.

Albuquerque. Photo by benedek/iStockphoto.com

Albuquerque Multifamily Report – April 2023

After a busy year, the market is recording some sluggishness.

Union 505 Apartments

Albuquerque Asset Lands $46M Refi

Gantry originated the 7-year Freddie Mac loan.

Sandia Skies Self Storage. Image courtesy of Matthews Real Estate Investment Services

Merit Hill Capital Expands Albuquerque Footprint

The 586-unit property now operates under the Extra Space Storage brand.

Albuquerque Project Gets $52M Construction Loan

Link Senior Development is behind the 144-unit community.

Albuquerque Multifamily Report – September 2022

While rent growth moderated, the city continues to display healthy fundamentals.

Byrd & Scanlan Buys Albuquerque Asset

Northmarq represented the seller and secured acquisition financing for the buyer.

Thayer Manca Buys Albuquerque Apartments

The company plans a multimillion-dollar value-add program.

Albuquerque Multifamily Report – April 2022

Rent growth decelerated, dampened by seasonality and supply, but remained in positive territory.