Archive for June, 2007
Agreement to sell 10 grocery stores
June 23, 2007 Posted by New Mexico Real Estate
Raley’s has announced it reached an agreement to sell its 10 grocery stores in New Mexico to Albertson’s.
Mortgage Finance Authority finances Las Cruces homes
June 23, 2007 Posted by New Mexico Real Estate
The developments will comprise 125 affordable, single-family homes. The Albuquerque-based New Mexico Mortgage Finance Authority (MFA) is financing the projects.
Best Buyers Real Estate Market Ahead
June 21, 2007 Posted by New Mexico Real Estate
The next 12 months will be the best time to invest in the U.S. housing market, according to a new report by Housing Predictor. The sub-prime loan melt down has produced a near record level of foreclosures, providing the highest number of lower priced homes in years in a majority of the nation’s real estate […]
A developer is proposing a $175 million project
June 17, 2007 Posted by New Mexico Real Estate
In what could be the first significant change to Albuquerque’s skyline since 1990, a developer is proposing a 30-story high-rise condominium development on the west end of Downtown.
The estimated $175 million project, called the Residences at Packard Place, would be the tallest building in New Mexico. The current tall building is the 22-story Albuquerque Plaza […]
Falcon Ridge Development, Inc. will be doing business through its New Mexico real estate brokerage division
June 16, 2007 Posted by New Mexico Real Estate
Falcon Ridge Development, Inc., a real estate development and home building company located in Albuquerque, New Mexico, received written approval from the New Mexico Corporation Commission of the incorporation of Falcon Ridge Realty, LLC, a wholly owned subsidiary of Falcon Ridge Development, LLC. This will allow Falcon Ridge to provide better service to its new […]