Albuquerque
Kennedy Wilson Buys Portfolio for $418M
The firm intends to invest $19 million through a value-add asset management plan.
Tower 16 Buys Albuquerque Portfolio
Berkadia represented both the buyer and seller in the four-property deal.
Top Western Markets for Rent Growth
Here’s a breakdown of the best-performing Western multifamily markets ranked by year-over-year rent growth through June 2021.
Kennedy Wilson Buys Albuquerque Apartments
The firm plans to invest $7 million in upgrades to the 344-unit property.
Albuquerque Multifamily Report – Spring 2021
Rate growth continued to outpace the U.S. average through the first quarter.
PacifiCap Sells 735-Unit Albuquerque Portfolio
NorthMarq’s Albuquerque and Phoenix offices negotiated the sale and financing for the three properties.
Albuquerque Multifamily Report – Fall 2020
While the metro’s economy took a hit, multifamily remained nearly unscathed.
Thayer Manca Receives $26M Refi for New Mexico Property
The 264-unit Circ Apartments in Albuquerque has undergone a $4.1 million interior and exterior remodeling process.
Albuquerque Apartment Portfolio Changes Hands
The buyer of the Class C communities’ 420 units assumed the seller’s CMBS financing as part of the deal.
Cooper Street Capital Sells Albuquerque Community
The investor traded the 105-unit multifamily asset after less than 18 months of ownership. The property was almost fully occupied as of December.