Market Rate Housing - Albuquerque
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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 -
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