MULTI-HOUSING NEWS:
What Fuels Albuquerque’s Climb?

With employers such as Facebook, Netflix and NBC Universal moving in, the metro is becoming attractive for young professionals. HiCap Management’s Joseph Baum and Benjamin Sandel offer insights into this dynamic market.

MULTI-HOUSING NEWS:
HiCap Enters Utah Market With Salt Lake City Buy

CBRE Capital Markets provided financing for the acquisition of the 88-unit community.

MULTI-HOUSING NEWS:
HiCap Closes 2nd Utah Multifamily Acquisition

HiCap Management has acquired Palladium Apartments, a 38-unit community in Provo, Utah. The deal closed on Jan. 13 and marks the firm’s first purchase in 2021 and its second multifamily acquisition in the state in the past six months. A local private investor sold the property.