Market Rate Housing - Albuquerque

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.
Market Rate
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.
Market Rate
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.
Market Rate

  • Albuquerque Community Changes Hands

    Cooper Street Capital financed the acquisition of the 154-unit Lexington Place with a $7.9 million, 5-year acquisition loan from Washington Federal.

    19 August 2019 15:54

  • Albuquerque Housing Project Advances with Phase 2

    The Highlands is a 12-acre master-planned development featuring eight components, including two residential communities, a Marriott SpringHill Suites Hotel and more than 40,000 square feet of retail and dining.

    25 April 2019 16:00

  • Albuquerque Hotel Set for Multifamily Conversion

    The owner of the former Wyndham Albuquerque Hotel and Conference Center will complete the first phase of the 130-unit project by the end of the year.

    06 February 2019 15:54

  • Hamilton Zanze Trades ABQ Community

    Thayer Manca Residential acquired the 264-unit Class B community, with Zions Bank providing more than $25 million in acquisition financing.

    11 December 2018 13:48

  • Peak Capital Acquires NM Asset

    KeyBank provided the buyer of the 120-unit, Class B multifamily property with more than $11 million in Fannie Mae financing.

    28 November 2018 18:02

  • Top 10 Multifamily Loans Originated in Albuquerque

    Heightened multifamily sales activity in the metro during the first three quarters has led to a boost in lending, with several investors securing Fannie Mae and Freddie Mac financing to cover their acquisitions.

    16 November 2018 10:52

  • 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

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