Albuquerque

Kennedy Wilson Buys Albuquerque Apartments

The firm plans to invest $7 million in upgrades to the 344-unit property.

Image by Jacob Boomsma/iStockphoto.com

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.

Thayer Manca Residential Completes Albuquerque Renovations

The company invested a total of more than $8 million in interior and exterior improvements for the 264-unit Circ and the 200-unit Ottavo.

Close-Up on Albuquerque’s Turnaround

YES Housing’s Chris Baca sheds light upon the metro’s growing multifamily sector and explains how investing in an emerging market can entice businesses to the area, bring jobs and add value to the entire community.

Albuquerque Multifamily Report – Summer 2019

The metro is also poised to become a presence in the movie industry, due to major moves made by Netflix and NBCUniversal.