Multifamily · Ground-Up Construction
Inca Peak Apartments — Rio Rancho, NM (Albuquerque MSA)
- Senior ask
- $28.8MM · 80% LTC
- Behind senior
- $1.8MM pref to 85%
- Project
- 150 units, garden-style
- Target pricing
- SOFR + 5.50% · 36-mo I/O
- Stabilized NOI
- $2,181,667
- Exit
- Dual — sale or perm refi
View offering memorandum
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