Multifamily news in Albuquerque
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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 -
Capital One Provides $25M for Albuquerque Property
Albuquerque Meadows is a 430-unit, age-restricted manufactured housing community that includes a clubhouse, pool, and arts and crafts center.
30 November 2017 15:52 -
Albuquerque: Duke City Strives to End Woes
The metro has one of the highest unemployment rates in the nation and moderate population growth, yet its real estate fundamentals continue to lag those of neighboring areas.
26 October 2017 14:35 -
10 Markets with the Lowest Expected Supply Growth
The multifamily industry has experienced a recent boom. But with a risk of oversaturation in some markets, development is slowing and deliveries are expected to peak.
18 July 2017 15:51 -
Albuquerque: On the Mend
The area's multifamily market is held back by a persistent struggle with a sluggish labor market. Despite being the hub of New Mexico’s technology corridor, the metro has experienced only modest population and employment growth throughout the recent economic expansion.
06 July 2017 13:02 -
Gelt Enters Albuquerque Market
The company purchased Mountain Run Apartments from Chartwell Capital Partners and has plans to renovate and upgrade the amenity spaces.
27 June 2017 15:59 -
CareTrust REIT Buys Skilled Nursing Facilities in NM, TX
The newly constructed properties are leased to affiliates of OnPointe Health LLC, and were acquired from a Texas developer for some $27.3 million.
07 June 2017 13:29 -
Albuquerque Project Targets Homeless Crisis
Scheduled for completion by fall 2017, the 52-unit expansion sponsored by the Joy Junction ministry will increase capacity at the largest facility of its kind in New Mexico.
17 May 2017 16:35 -
Senior Community Awarded $500,000 AHP Grant
The rehabilitation of Pasa Tiempo community will begin in May 2017 and will be finalized in early 2019.
01 March 2017 21:09 -
Yardi Matrix: Albuquerque Seeks Its Footing
The city’s multifamily market continues its ponderous recovery from the Great Recession.
08 February 2017 07:35 -
Yardi Matrix: Albuquerque Brightens Up
Multifamily Summer Report 2016: Population growth is feeble, but development is almost on par with the national growth rate.
07 September 2016 21:12 -
On the Market: 5 Interesting CRE for the Week of 8/29
This week's listings include trendy lofts in Phoenix and a state-of-the-art student housing community near Middle Tennessee State University.
01 September 2016 16:12 -
Duke City Welcomes $19M Affordable Community
The Imperial Building is downtown Albuquerque's first major mixed-use development since the recession.
30 August 2016 15:45 -
On the Market: 5 Interesting CRE Listings for the Week of 7/4
This week's listings include two unique student housing properties serving the University of Oregon and Appalachian State University.
08 July 2016 16:56 -
CPP Begins Renovation on 205 Affordable New Mexico Homes
The company teamed up with Western States Housing and the U.S. Dept. of Agriculture to renovate six affordable housing communities in New Mexico.
16 May 2016 12:07