Multifamily news in Albuquerque

Hamilton Zanze Trades ABQ Community
Thayer Manca Residential acquired the 264-unit Class B community, with Zions Bank providing more than $25 million in acquisition financing.
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Peak Capital Acquires NM Asset
KeyBank provided the buyer of the 120-unit, Class B multifamily property with more than $11 million in Fannie Mae financing.
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Top 10 Multifamily Loans Originated in Albuquerque
Heightened multifamily sales activity in the metro during the first three quarters has led to a boost in lending, with several investors securing Fannie Mae and Freddie Mac financing to cover their acquisitions.
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  • Community for Homeless Proposed in Albuquerque

    A local business alliance plans to construct a campus-style property west of the city with space for approximately 170 people.

    22 October 2018 13:04

  • Albuquerque Housing for Homeless Opens Doors

    The developer broke ground on the new 52-unit building at the city’s largest shelter for homeless people, Joy Junction, in May 2017.

    22 October 2018 12:57

  • NM Development Lands Tax Relief

    The Albuquerque City Council approved the metropolitan redevelopment bond to support construction of the 226-unit Broadstone Northpoint Apartments, which broke ground in early 2017.

    19 October 2018 15:23

  • Titan Development Proposes ABQ Community

    The company’s plans call for the addition of 102 market-rate apartments, adding to the Midtown/University submarket’s existing supply of 3,700 units.

    19 October 2018 15:13

  • On the Market: 4 Interesting Listings for the Week of 9/10

    This week's listings include a box factory that was remodeled into multifamily in 2017, located in Richmond's Manchester neighborhood, as well as a property in Albuquerque that presents a unique opportunity.

    14 September 2018 16:15

  • Albuquerque Seeks Solid Ground

    A slow population growth, scarcity of new inventory and modest employment gains continue to position the metro’s multifamily market among the weakest in the country.

    03 August 2018 12:49

  • YES Housing Launches Affordable Development in ABQ

    Plans for the mixed-use project—anticipated to open in 2020—call for 88 apartments and between 80,000 and 90,000 square feet of retail.

    16 July 2018 08:26

  • Another Affordable Property Opens in ABQ

    Sterling Downtown is the first WELL-registered multifamily property in the Southwest. The property was designed to achieve LEED Platinum certification.

    13 July 2018 12:51

  • Affordable Albuquerque Community Opens Doors

    The Village at Avalon, containing 240 units, broke ground in early 2016. GSL Properties utilized nearly $20 million in revenue bonds to finance construction.

    13 July 2018 12:05

  • AMG Realty Trades 512-Unit NM Property

    The buyer funded the acquisition of the Class C community with a $14.3 million Fannie Mae mortgage provided by Arbor Realty Trust.

    13 July 2018 10:56

  • NorthMarq Multifamily Brokers 120-Unit NM Sale

    The community represents the buyer's first acquisition in Albuquerque. The 10-building asset traded for $7.5 million, with Berkadia arranging the Freddie Mac acquisition financing.

    27 June 2018 14:39

  • Capital One Arranges $11M Refi for NM Senior Housing

    Wheatfields Senior Living Community in Clovis comprises 101 beds across five detached independent living cottages, as well as the assisted living building that was completed in 2011.

    06 March 2018 16:34

  • Albuquerque Struggles on Recovery Path

    Despite a slowdown in 2017, the metro’s multifamily market performance is in line with its historical averages. Core submarkets are leading growth, while the suburbs gradually recover from the most recent downturn.

    27 February 2018 19:44

  • Capstone Expands TX Footprint

    The 10th-largest affordable housing management company added more than 800 apartment units to its portfolio, extending its reach to nearly 80 cities.

    01 February 2018 14:52

  • Texas Investor Buys Albuquerque Community

    The 456-unit community has access to several major employers, including one of six Facebook data centers currently under construction south of Duke City.

    04 January 2018 08:31