Revere Rescues $65M Los Alamos Rental Project
Revere Capital completed The Hill, a $65 million, 149-unit Class A multifamily community in Los Alamos, New Mexico. The project reached completion after Revere assumed control during construction in 2025 and worked directly with Los Alamos County and the project’s general contractor to drive the development to a stabilized outcome.
“The Hill reflects what we built Revere to do — move into situations where execution has broken down, apply real capital and real attention, and produce an outcome that works for everyone at the table,” said Revere’s Clark Briner.
The Hill, which is near the Los Alamos National Laboratory (LANL), has a unit mix of one-, two-, and three-bedroom homes with rents from $2,400 to $4,200 per month.
The Hill’s amenity package includes a modern clubhouse, fitness center, resort-style swimming pool, and ramada with outdoor kitchens.
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An RK Investors-led team obtained an $81 million construction loan for Sutherland at Piper Glen, a 299-unit multifamily development underway in Charlotte’s Piper Glen neighborhood. The financing was provided by Western-Southern Life Insurance Company. The financing was arranged by Nate Sittema, Kristen Reilley and Elliott Voreis with CBRE’s Debt & Structured Finance team. Currently under...
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Pasadena Offices Sell for Residential Conversion
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Berkadia Negotiates Student Housing Property Sale in Kansas
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout