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Jeffrey Steele

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Deals

Ortsac Buys Orlando-Area Apartments for $124M

Jeffrey Steele - December 13, 2021

Newmark arranged $71 million acquisition financing for the deal.

Charlotte

Inland Private Capital Corp. Sells 2 for $139M

Jeffrey Steele - December 10, 2021

The firm will use the proceeds to complete a tax-deferred exchange.

Industry Research Reports

December Rent Payments at 77%: NMHC

Jeffrey Steele - December 9, 2021

The latest findings represent an increase from this time last year.

West

Decron Properties Sells LA-Area Portfolio for $129M

Jeffrey Steele - December 6, 2021

Institutional Property Advisors brokered the sale of the two communities.

Dallas

Bellevue Living Sells DFW Portfolio

Jeffrey Steele - December 3, 2021

The properties total more than 1,000 units across the metro area.

Deals

Avanti Residential Acquires Kansas City Asset

Jeffrey Steele - December 2, 2021

The property is next to the Village West master-planned district and tourist destination.

Development

Thompson Thrift Plans BFR Project in Indianapolis

Jeffrey Steele - November 30, 2021

The 242-unit community will rise in a northern suburb.

Affordable Housing

Related Breaks Ground on Chicago Tower

Jeffrey Steele - November 24, 2021

In a first for the city, construction of a high-rise project will be co-led by an MBE contractor.

Deals

Snell Properties Acquires Tampa’s Channel Club for $136M

Jeffrey Steele - November 22, 2021

The 22-story apartment tower was built in 2019 and is anchored by a Publix supermarket.

Baltimore

Baltimore Student Housing Commands $75M

Jeffrey Steele - November 19, 2021

Armada Hoffler, the seller, is refocusing its investment strategy.

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