New Mexico
$11B Financing Enables Massive NM Power Project
If that sounds big, it is. Pattern Energy Group LP (Pattern Energy) has closed an $11 billion non-recourse financing and… Read more
Small Town Eloy Lands Hospital
In high-growth states like Arizona, even small towns score hospitals, knowing that the explosive growth will be enough for the… Read more
KeyBank Helps Fund NM Affordable Community
KeyBank Community Development Lending and Investment (CDLI) provided a $12.5 million construction loan for the development of The Three Sisters,… Read more
JV Starting Work on OZ BTR Investment in Albuquerque
LaTerra Development has joined forces with experienced Opportunity Zone investor Revitate to break ground on Bedrock, a new Build-to-Rent community in Albuquerque.… Read more
Cable Products Maker to Double Albuquerque Plant Size
An ABB supplier will be spending $40 million to double its Albuquerque factory. The site will make cable products used… Read more
Solar Array Maker to Build $49M Albuquerque Plant
Array Technologies is building a 216,000-square-foot facility on the west side of Albuquerque. The company says it’s grown out of… Read more
ZT Systems to Hire 1,500 for Georgetown High-Tech Plant
A high-tech manufacturer has acquired a 435,000-square-foot building in Georgetown and plans to hire 1,500 workers by the end of… Read more
Auto Parts Supplier Chooses El Paso Suburb for $99M Plant
Hota Industrial Manufacturing has announced plans to begin manufacturing in Santa Teresa, New Mexico, a town bordering El Paso. The… Read more
Santa Fe to Launch Film “Studio Village”
Hollywood no longer has the market cornered when it comes to movie studios. Florida and Texas either have multimillion-dollar projects… Read more
CCP to Spend $100K a Unit on Albuquerque Affordable Housing Revamp
Community Preservations Partners (CPP) will revamp 241 rundown units. The group acquired Mountain View II and III, adjacent to each… Read more
WGA Reaches Tentative Pact with Major Studios
In a boon for California’s economy, the Writers Guild of America (WGA) has reached a tentative agreement with major entertainment… Read more
Once Albuquerque’s Tallest Tower, Up for Auction
An Albuquerque landmark, the former Bank of the West Tower, is up for auction. The 17-story, 163,000-square-foot office building is located… Read more
Solar Panel Maker to Invest $1B in Albuquerque Plant
Maxeon Solar Technologies, a Singapore solar panel maker, plans to open a $1 billion, 3-gigawatt facility in Albuquerque, N.M. Maxeon… Read more
New Mexico Border Chosen for $72M Auto-Parts Maker
A major Asian auto-parts supplier will be constructing a factory in New Mexico’s Santa Teresa Borderplex and hiring 350 employees. … Read more
Santa Fe Lands $80M Cancer Center
Currently, cancer patients who live in or around Santa Fe have to make the hour-long drive to Albuquerque to get… Read more
Titan Expands Albuquerque Multifamily Footprint
Titan Development is transforming a business park into a mixed-use development. Last week the company unveiled the firm’s new, 158-unit… Read more
Albuquerque Office Tower Headed to Auction Block
The starting bid price at auction is $500,000 for a 10-story tower in Albuquerque’s Highland Business district, just north of… Read more
Albuquerque Converts Hotel to Affordable Housing
Albuquerque’s SureStay Hotel will soon be renovated into efficiency and one-bedroom apartments. The City of Albuquerque finalized the purchase of the… Read more
Northrop Grumman’s Space Systems Group Moving to Albuquerque Tech Hub
Northrop Grumman is expanding its New Mexico operations by moving its space systems and cybersecurity operations workers into a new… Read more