HOUSING News:
The Hill Apartments are now complete and ready for residents. This project is bringing 149 much-needed apartment homes to the Los Alamos community. After numerous delays, Revere Capital assumed control of the project in June 2025. Revere brought additional capital and development expertise needed while working with Los Alamos County and the general contractor to push this project to completion.
Located at 141 36th Street, The Hill Apartments is a $65+ million Class A apartment community designed to serve professionals and families seeking high-quality housing in one of New Mexico’s most supply-constrained markets. Its completion marks a significant milestone for Los Alamos, where housing demand continues to grow alongside workforce expansion at Los Alamos National Laboratory (LANL).
“Projects like this require persistence, coordination, and a shared commitment to finding solutions,” said Jeff Ledyard, Senior Vice President of Special Assets at Revere Capital. “The Hill is complete and delivers new housing to the Los Alamos community. The result is a professionally managed community that will help meet an urgent housing need for Los Alamos residents, including LANL employees and summer interns.”
LANL continues to expand its workforce by an estimated 800 to 1,000 employees each year and hosts approximately 2,000 summer interns annually. At the same time, many employees commute daily from Santa Fe, Albuquerque, and surrounding communities due to limited housing availability in Los Alamos County.
The Hill helps address that challenge by offering immediate availability, a location just minutes from LANL facilities, and leasing options designed to meet a range of needs. The community includes flexible lease terms including short-term lease options for summer interns.
“The Hill is purpose-built for the unique housing needs of this market,” Ledyard said. “Whether someone is relocating for a new opportunity at LANL, arriving for a summer internship or simply looking for a better quality of life closer to work, this community offers a new option that has been needed in Los Alamos for some time.”
The Hill offers one-, two-, and three-bedroom apartment homes with a total of six different floor plans. Residents will have access to amenities rarely found in the Los Alamos market, including a modern clubhouse, fitness center, resort-style swimming pool, ramada with outdoor kitchens, two additional outdoor grilling areas, playground, covered parking, enclosed garages, electric vehicle charging stations, and sweeping mountain and canyon views.
High-speed internet connectivity and professionally designed community spaces further support the needs of today’s residents, particularly those relocating work or seeking flexible living arrangements.
About The Hill Apartments
The Hill Apartments is a 149-unit Class A apartment community located at 141 36th Street in Los Alamos, New Mexico. Completed in March 2026, the $65+ million development offers luxury living with resort-quality amenities and flexible leasing options designed to serve professionals working at LANL and throughout the region. To schedule a tour or learn more about The Hill, visit thehillapts.com.
About Revere Capital
Revere Capital is a private credit manager focused on the lower middle market, financing borrowers and lenders across commercial real estate bridge loans and specialty finance / lender-to-lender financing. Founded in 2006, we pair direct origination with bottom-up, risk-first underwriting to deliver speed, flexibility, and downside protection for our partners.
Our platform provides bespoke, senior-secured solutions—from CRE bridge loans to warehouse lines and forward-flow facilities for specialty finance originators.
Backed by a national network of sponsors, lenders, and partners we move quickly and underwrite to capital preservation while enabling borrowers to execute on time-sensitive opportunities. For more information visit reverecapital.com.