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.

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.

Prairie Hills, Albuquerque, N.M.

CBRE Secures Refi for Duke City Apartment Community

Prime Residential secured a $15.5 million refi through CBRE Capital Markets for an Albuquerque apartment community.

AHP Grants for New Mexico

Homeless Housing Breaks Ground in Albuquerque’s Rescue Mission

Two Affordable Housing Program (AHP) grants totaling $786,000 were awarded in 2015 to the Albuquerque Rescue Mission by New Mexico Bank & Trust and FHLB Dallas.

Northpointe Village, Santa Fe

Berkadia Closes on Two Multifamily Sales in New Mexico

Two multifamily communities changed hands in New Mexico with Berkadia’s involvement.

Steep Hill to Test New Mexico’s Cannabis

Steep Hill is expanding in New Mexico.

Owner of La Posada Purchases La Castaneda Hotel

Some rescue animals, other choose to rescue pieces of history. One such person is Allan Affeldt, famous for the spectacular renovation of one of the historic Harvey House hotels – La Posada in Arizona; recently he announced the sale closing of historic Castaneda Hotel, another gem built by renowned immigrant Fred Harvey.

Design Team Selected for The Paseo Del Norte/I-25 Interchange Reconstruction Project

A reconstruction project meant to reduce traffic congestion and improve safety and air quality has selected its design team. The corridor in question is the Paseo Del Norte/I-25 Interchange and has allocated $93 million – $75 million for the actual project and an additional $18 million for the preliminary design, acquisition of rights, and additional fees.

American Society of Radiologic of Technologists Debuts $8.5M Expansion

In October 2011, The American Society of Radiologic Technologists was announcing the incipient stages of renovation of its Albuquerque office. The construction project included the addition of 30,000 square feet to the existing building.