Diamond Elite Luxury Homes

Colliers is pleased to present the opportunity to acquire the note secured by Diamond Elite Luxury Homes, a 210-unit multifamily community located in Albuquerque, New Mexico. As of August 15, 2026, the note carries a total payoff balance of approximately $38.9 million, including principal, accrued interest, default interest, fees, and escrow advances. Built in 2014 on approximately 21 acres, the Property features a distinctive residential offering characterized by expansive floor plans, townhome-style living and an extensive resort-inspired amenity package.

Diamond Elite offers a highly differentiated unit mix ranging from studios to five bedroom residences, with an average unit size of approximately 1,372 square feet. The community is anchored by a two-story resident clubhouse, expansive two-tier swimming pool, two-story fitness center and numerous outdoor recreation, social and resident gathering spaces.

Located near I-25 and Albuquerque International Sunport, Diamond Elite provides convenient access to major regional employment anchors including Kirtland Air Force Base, Sandia National Laboratories, the University of New Mexico and the region’s leading healthcare institutions. The opportunity combines distinctive multifamily collateral with Albuquerque’s diversified employment base and long-term residential demand fundamentals.