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Thayer Manca Snags $26M Refi for Albuquerque Multifamily

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Thayer Manca Residential (TMR) secured a $26,075,000, Freddie Mac refinance loan for the Circ Apartments in Albuquerque. The 10-year, 2.85% fixed-rate loan includes full-term, interest-only debt service. Circ Apartments, previously Ventana Canyon, underwent a more than $4.1-million renovation project. Renovations included a reimagined clubhouse, expanded pool deck and outdoor amenities, upgraded 24-hour fitness facility, amplified …

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