Phoenix & Southwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Phoenix & Southwest  + Southwest  + Apartments  | 
Brinkman Real Estate has acquired Cascade Crossing Apartments in Albuquerque, its first acquisition in New Mexico

Brinkman Real Estate Enters New Mexico Market 

Denver-based Brinkman Real Estate continued its expansion throughout the Intermountain West with the closing of the 52-unit Cascade Crossing Apartments in Albuquerque, as part of its strategy to identify opportunistic deals in high-growth exurbs within the Mountain states. Delivered in 2020, it’s Brinkman’s first acquisition in New Mexico. 

“Albuquerque is a perfect example of a high-growth secondary market we are looking to quickly scale up in” said Brett Silverstein, chief acquisitions officer. “It exhibits strong fundamentals and continued tailwinds highlighting the strength of their multifamily market. We’re excited to continue to expand our footprint in these markets.” 

The seller was represented by Erik Olson and Billy Eagle with CBRE New Mexico Multifamily Investment Properties. Permanent financing with Independent Financial was arranged by Brady O’Donnell, Jeff Halsey, Jill Haug and Alex Scott with CBRE Capital Markets’ Debt and Structured Finance group in Denver. 

Connect

Inside The Story

Brinkman

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
New call-to-action
Chase-12-cube
New call-to-action