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California firm acquires NE Heights apartment community

A California company has acquired more than 300 apartment units in Albuquerque’s Northeast Heights.

California-based TriWest Multifamily acquired the 312-unit Monterra apartment community, said Bryce Overend, firm’s managing partner. Overend declined to disclose the price of his firm’s acquisition at 4217 Louisiana Blvd. NE.

According to Bernalillo County property records, the latest reported owner for Monterra is Colorado-based Vukota Capital Management LLC. It acquired the property in 2017, according…

Source: The Business Journal

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