Albuquerque’s SureStay Hotel is soon to be renovated into efficiency and one-bedroom apartments, providing 100 units of affordable housing for low- and moderate-income households. The City of Albuquerque finalized the purchase with a contribution from the State of New Mexico totaling $3 million, which will be matched by Covid-related funding from the City. Upon completion, an onsite services coordinator will connect future residents to resources while expanding Albuquerque’s portfolio of affordable housing units by 20%. SMPC Architects based in Albuquerque are handling project architecture while an RFP for an oncall contractor closed last week and is currently under review. Construction is estimated to begin next month and take six to nine months.
“Colorado Springs Offices Repositioned and Sold by Ogilvie Properties”
Alloy Real Estate Capital has acquired Tech Center VI, a 104,702-square-foot midrise office building in the northern submarket of Colorado
Steve Griffin
February 11, 2025
