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.
Sack Properties Acquires Seattle-Area Apartments
The purchase of Chateau Woods marks the company’s third transaction in the last 18 months on Seattle’s Eastside.
DF Ventures Pays $50M for Maryland Apartments
Drucker + Falk’s business unit acquired a 240-unit property in Silver Spring with plans to embark on a value-add and rebranding program.
Related Cos. Sells Manhattan Luxury Tower for $211M
Cushman & Wakefield represented the seller in its disposition of One Union Square South.
Dinerstein Cos. Tops Off Houston High-Rise
The 33-story Aspire Post Oak is situated in the Uptown District and will begin leasing in late 2021.
Sherman Residential Acquires Texas Property
Avenues at Creekside Apartments is situated in New Braunfels, a rapidly growing San Antonio submarket.
Multifamily Sales Trending Up: Newmark
Quarter-over-quarter transaction volume increased 55.9 percent, the strongest sequential gain since 2011, according to the firm’s Q3 Capital Markets Report.
Waterton Enters Boston Market
The firm has acquired Rosemont Square in Randolph, Mass., located about 12 miles south of downtown Boston.
StreetLights Residential Opens San Diego Community
The Rylan features 126 luxury apartments and 14,570 square feet of commercial space in Vista, Calif.
Multifamily Fundamentals Strengthen in Q3: CBRE
Although absorption and occupancy rates increased since the second quarter, the market will still face increasing pressure through year’s end, according to the latest Multifamily Figures report.
TerraCap Sells North Carolina Portfolio
The portfolio included Madison Woods, Terrace at Olde Battleground and Terrace Oaks, all located in Greensboro.