Market Rate Housing - Albuquerque
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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 -
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 -
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 -
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 -
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 -
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.
08 March 2016 17:02 -
Berkadia Closes on Two Multifamily Sales in New Mexico
Two multifamily communities changed hands in New Mexico with Berkadia’s involvement.
20 November 2015 10:52 -
Cantata at the Trails Lands New Owner
Scottsdale-based ReNUE Properties chose Albuquerque for expansion.
09 September 2015 10:47 -
Colorado-based Investor Serves the Duke City
Monarch Investment and Management Group picked up a New Mexico multifamily community that has been owned by TGM Associates for nearly two decades.
14 July 2015 15:18 -
Dekker/Perich/Sabatini’s Mixed-Income Housing Wins Award from the Center for Active Design
The mixed-income housing community Casitas de Colores, designed by Dekker/Perich/Sabatini and built in the heart of Albuquerque by Romero Rose, YES Housing Inc., and Bradbury Stamm, is a winner of the Center for Active Design: Excellence awards. The ceremony took place at the Steelcase showroom in New York on May 11, marking its fifth award and its first international award.
14 May 2015 19:31 -
Golden Spike Develops $6.1M Apartment Property in East Nob Hill
Platinum Apartments is the new name of the residential project that was originally scheduled to enter the development phase in 2007, but got hit by the Great Recession. Currently, reports Albuquerque Journal, it is well into construction, planned to be finalized this summer.
13 February 2015 22:48