Albuquerque

Albuquerque Multifamily Report – April 2022

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

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.

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