New subdivision features 56 townhouses

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By Tony Parra: PNT Staff Writer Larry Combs, of Portales, is undertaking his biggest project as a developer with the Foxtrail Estates which received final plat approval by city officials this week. The development plans for 56 luxury rental townhouses. Foxtrail Estates is located in the south part of Portales near Golden Acres Retirement Apartments [...]

Housing project hitting snags with funding

By Tony Parra: PNT Staff Writer The possibility of a housing development in Roosevelt County is at least on hold after the project was denied for tax-credit funding. Jonathan Reed of Jonathan Reed & Associates, a corporation based in Albuquerque, had his application denied by the New Mexico Mortgage Finance Authority to receive funding to [...]

Proposed townhouses to go up in Portales

By Tony Parra A proposed affordable housing unit of 72 townhouses is in the works to go up on property just east of the Roosevelt General Hospital, according to Beverly Bennett, Vista Nueva Realty realtor. Bennett is working with Jonathan Reed of Jonathan Reed and Associates, a housing development firm from Albuquerque, on the proposed [...]