{"id":2728,"date":"2021-10-14T14:40:16","date_gmt":"2021-10-14T14:40:16","guid":{"rendered":"https:\/\/www.africa-press.net\/liberia\/all-news\/liberian-at-the-center-of-us60m-real-estate-deal"},"modified":"2021-10-14T14:54:15","modified_gmt":"2021-10-14T14:54:15","slug":"liberian-at-the-center-of-us60m-real-estate-deal","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/liberia\/all-news\/liberian-at-the-center-of-us60m-real-estate-deal","title":{"rendered":"Liberian at the Center of US$60m Real Estate Deal"},"content":{"rendered":"

Africa-Press<\/a> – Liberia<\/a>. <\/strong><\/span>Liberian real estate agent, David Suah, has been hailed for playing an instrumental role in a whopping US$60m deal which saw a California company acquiring more than 300 apartment units in Albuquerque North East Heights, New Mexico.<\/p>\n

According to the Albuquerque Business First, Suah, who works with Sub Sahara Group, played an integral role in getting the deal to fruition. \u201cCalifornia-based TriWest Multifamily acquired the 312-unit Monterra apartment community, said Bryce Overend, firm\u2019s managing partner. Overend declined to disclose the price of his firm\u2019s acquisition at 4217 Louisiana Blvd. NE.\u201d<\/p>\n

Citing Bernalillo County property records, the Albuerque Business First stated that the latest reported owner for Monterra is Colorado-based Vukota Capital Management LLC. It acquired the property in 2017, according to its website.<\/p>\n

David Suah, president of the David Suah Foundation, is a Temple University grad and an international real estate agent. Suah has closed major real estate deals in Europe Africa and the United States.<\/p>\n

The Monterra deal is TriWest\u2019s third acquisition in Albuquerque in the past four months, Overend said. TriWest lists Ambassador East and ABQ Elevate Apartments as the other Albuquerque assets on its portfolio. Moving forward, Overend and TriWest hope to acquire more properties in Albuquerque. The market\u2019s relatively low price provides opportunities to make value-add purchases, he said.<\/p>\n

\u201cIt\u2019s a city we\u2019ve identified that we want to grow a portfolio in, and we\u2019re going to remain active buyers,\u201d Overend said.<\/p>\n

Rents have been rising across the country, including Albuquerque. Business First reported the average monthly rent was $1,117 as of August \u2014 representing a 17% year-over-year increase \u2014 according to RentCafe. RentCafe is a sister company of Yardi Matrix, a national website that compiles commercial real estate intelligence. Both local and outside experts anticipate the trend of rising rents in Albuquerque will continue.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Liberia. Liberian real estate agent, David Suah, has been hailed for playing an instrumental role in a whopping US$60m deal which saw a California company acquiring more than 300 apartment units in Albuquerque North East Heights, New Mexico. According to the Albuquerque Business First, Suah, who works with Sub Sahara Group, played an […]<\/p>\n","protected":false},"author":84,"featured_media":2727,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,237,1283,1284,234],"class_list":["post-2728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-liberia","tag-center","tag-estate-deal","tag-liberia"],"yoast_head":"\nLiberian at the Center of US$60m Real Estate Deal - Liberia<\/title>\n<meta name=\"description\" content=\"Liberian real estate agent, David Suah, has been hailed for playing an instrumental role in a whopping US$60m deal which ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/liberia\/all-news\/liberian-at-the-center-of-us60m-real-estate-deal\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Liberian at the Center of US$60m Real Estate Deal\" \/>\n<meta property=\"og:description\" content=\"Liberian real estate agent, David Suah, has been hailed for playing an instrumental role in a whopping US$60m deal which ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/liberia\/all-news\/liberian-at-the-center-of-us60m-real-estate-deal\" \/>\n<meta property=\"og:site_name\" content=\"Liberia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-14T14:40:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-14T14:54:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2021\/10\/img-6168447aa3045.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"977\" \/>\n\t<meta property=\"og:image:height\" content=\"1195\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/liberian-at-the-center-of-us60m-real-estate-deal#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/liberian-at-the-center-of-us60m-real-estate-deal\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Liberian at the Center of US$60m Real Estate Deal\",\"datePublished\":\"2021-10-14T14:40:16+00:00\",\"dateModified\":\"2021-10-14T14:54:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/liberian-at-the-center-of-us60m-real-estate-deal\"},\"wordCount\":312,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/liberian-at-the-center-of-us60m-real-estate-deal#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2021\/10\/img-6168447aa3045.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Liberia\",\"Center\",\"Estate Deal\",\"Liberia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/liberia\/all-news\/liberian-at-the-center-of-us60m-real-estate-deal#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/liberian-at-the-center-of-us60m-real-estate-deal\",\"url\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/liberian-at-the-center-of-us60m-real-estate-deal\",\"name\":\"Liberian at the Center of US$60m Real Estate Deal - 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