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.
CBRE: Multifamily Market Benefiting From Student Debt
A recent study found ongoing college debt levels are delaying home buying, resulting in young adults remaining in multifamily housing longer than previous generations.
Hamilton Zanze Continues Buying Streak
The firm’s latest purchase includes two properties in Columbia, Md., both of which will undergo capital improvements.
Lynd Co. Lands $45M for Texas Portfolio
Hunt Real Estate Capital arranged the loan that will be used for the refinancing and renovation of three properties in San Antonio and Universal City, Texas.
Hines JV Breaks Ground on Los Angeles Mixed-Use Project
The eight-story West Edge will include 600 luxury apartments, along with office space, a supermarket and restaurants.
JV Completes San Diego County Project
In partnership with the Kitzman family, JPI has developed Jefferson La Mesa in the downtown district of La Mesa, Calif.
NXT Capital Arranges Refi for Kansas City-Area Property
The loan will be used for Promontory Apartments, which is part of a larger redeveloped retail center in Overland Park, Kan.
Bell Partners Expands Seattle-Area Holdings
The 222-unit property in Redmond, Wash., has been rebranded to Bell Marymoor Park.
Virginia Mixed-Use Building Changes Hands
The 169-unit property is situated along the emerging Dulles Technology Corridor in Herndon, Va.
Mosaic Finances California Student Housing
A $68.8 million construction loan will pay for the construction of an 885-bed student housing facility serving the University of California-Merced.
Related, Rabina JV Locks in Construction Financing
Truist arranged the loan for the third phase of the New River Yacht Club development downtown.