Market Rate Housing - Albuquerque
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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 -
Clear Sky Capital Acquires Apartments in Albuquerque
Silverado Apartments has exchanged owners in a transaction handled by the rebranded Colliers HSK Multifamily Southwest Team, a partnership between Colliers International in Greater Phoenix and Collier’s office in Albuquerque. The buyer was Clear Sky Capital Inc. of Phoenix and the seller First Pacific Group, a real estate investment and management firm from San Francisco.
07 February 2015 00:09 -
Three-Story Downtown Lofts Near Historic District Opens for Renters
In downtown Las Cruces there’s a new apartment complex ready to receive its residents. The Lofts at Alameda, a 38-unit, three-story residential community, a $3 million development, recently received the certificate of occupancy from the city and is ready to rent starting this month.
08 January 2015 16:03 -
Office Building in Uptown Albuquerque Up For Sale for $6.4M as Residential Conversion
In times that are difficult for the office market in Albuquerque, solutions begin to surface. The four-story office building located right in the center of Uptown offers one: it’s up for sale as a residential conversion opportunity.
06 August 2014 21:14 -
Albuquerque Opens Public Comment Period for Apartment Development on Uptown Transit Site
The southeast corner of Albuquerque’s Uptown and American Parkway NE, the location of Uptown Transit Center, is this year in the attention of city officials interested in proposals from private developers for a new construction project. The desired development would be a mixed-use combining apartments, commercial space, and parking.
03 April 2014 21:55 -
Developers Launch 71-Unit Public/Private Tax Credit Development Located in Downtown Albuquerque
About a year ago, Romero Rose in partnership with YES Housing Inc., have started constructing a three-building multifamily development at 215 Lead Ave. SW. This public/private partnership development was recently finalized and leasing is booming, already 51 percent occupied.
28 March 2014 22:29 -
Seven-Acre Townhome Project Breaks Ground in Rezoned Sawmill District
By Anca Gagiuc, Associate Editor Located north of Albuquerque’s Old Town, the Sawmill district is an area that recently has been rezoned from industrial to residential. The scenery changes progressively into a colorful mix of housing, commercial spaces and industrial lots. A groundbreaking event was by Sawmill Community Land Trust and Sawmill Crossing Partners last [...]
19 February 2014 22:50 -
Developer Obtains Approval for 80,000 SF Mixed-use Development
The intersection of Central and Laguna SW will turn into a construction site early next year. Jay Rembe, the developer responsible for the Aveda Institute and Vinaigrette project, isn’t ready to leave the Central Avenue corridor between Downtown and Old Town.
01 November 2013 18:35 -
Mehran Changes Strategy from Leasing to Loft Conversion for Office Building
Built in 1958, the office building at 517 Gold Avenue has been the federal office until the early 2000 when they relocated to 500 Gold. For the next decade the eight-story block property was left abandoned.
11 October 2013 21:46