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.
Colorado Asset Changes Ownership in $47M Deal
Lynd Acquisitions Group purchased a 288-unit community in Colorado Springs, which has seen increased in-migration during the pandemic.
Greystone Arranges $95M Financing for Multifamily Trio
The Freddie Mac loans will refinance two Class B communities along the East Coast and one in the Midwest.
Bell Partners Acquires Multifamily Duo in Greater Boston
The new owner plans to merge the two assets into a 420-unit community called Bell Westford.
Cymbal Development Scores $60M Loan for Florida Project
Aztec Group arranged the construction financing for Oasis Pointe, a waterfront community in Dania Beach, Fla.
Trammell Crow Sells Charlotte Apartments for $65M
JLL Capital Markets represented the owner in its disposition of Alexan Optimist Park, a 238-unit property located in the Mill District.
Transwestern, Trammell Crow Sell Denver Community
JLL Capital Markets represented the sellers in the disposition of the 164-unit Alexan Cherry Creek.
Quarters Opens New Co-Living in Brooklyn
The 41,000-square-foot property built in a former school features 160 bedrooms in suites and duplex units.
GTIS Partners Breaks Ground on Phoenix-Area OZ Community
The single-family rental development will bring 197 units to Cadence at Gateway, a master-planned community in Mesa, Ariz.
Woodfield Development Sells Virginia Apartments
JLL represented the seller in its disposition of the 400-unit Station on Silver in Herndon, Va.
Alliant Capital Closes Investment in California Affordable Projects
The new communities in Contra Costa and Santa Rosa counties are targeting Northern California’s acute affordable housing shortage.