Media Coverage

JLM Tapping $29.4M Loan for Albuquerque BTR Community

May 29, 2024

Trez Capital closed on a $29.4 million construction loan for Austin-based developer JLM Living to develop the build-to-rent community The Eleanor Rio Rancho Cabezon.

The Eleanor Rio Rancho Cabezon is located at 2300 Westside Blvd. SE in the Cabezon neighborhood near the Village at Rio Rancho across from Presbyterian Rust Medical Center. The property sits on 10.6 acres and will feature 126 single-family and duplex homes ranging from 650 to 1,500 square feet. Homes feature attached garages and a view for every unit. Residents will also enjoy a luxury amenity center with separate clubhouse and fitness buildings, along with a pool and common green spaces. 

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