A Chicago-based freelance writer since 1989, Jefftrey Steele has written on real estate for more than three decades. His real estate writing has appeared in the Chicago Tribune, Barron's, Modern Luxury, HouseLogic, Forbes.com and many other publications. He has written for Multi-Housing News since 2009.
Bridge Investment Group Acquires $202M Portfolio
Institutional Property Advisors represented the seller and procured the buyer.
GMF Capital Sells Tampa Community for $91M
Square Mile Capital provided a $67.6 million loan for the buyer.
Conquest Housing, BLVD Secure Refi for Affordable Portfolio
Greystone closed $67.5 million in bridge financing for the five properties.
SL Green Sells Manhattan Multifamily Building
The property formerly served as staff housing for St. Luke’s-Roosevelt Hospital.
Comunidad Partners Acquires Dallas Property
A capital improvement program will be launched at the community for both interior and exterior renovations.
CBRE Investment Management Buys Minnesota Community
The property stands across the street from the Mayo Clinic Saint Marys Campus, the largest intensive care unit in the U.S.
Excelsa Closes $153M Fund
The fund targeted family offices and high net worth individuals from the Middle East and the Gulf States.
Senior Housing Sector Continues Recovery: CBRE
Rental rates and occupancy are on track to increase this year, according to the firm’s latest survey.
Legacy Partners Opens Texas Apartments
This property is part of the larger Las Colinas master-planned development.
Investors Upbeat on Senior Housing: JLL
Three quarters of respondents expect to increase their exposure to the sector during the next year, according to the firm’s latest survey.