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.
Denver Community Scores $69M Recapitalization
The recapitalization will be used to fund existing bridge financing and restructure the capital stack of Loft 9 Apartments.
JV Acquires Suburban Austin Property
Anatole at Westinghouse features 250 units and is located within the metro’s sprawling neighborhood of Georgetown, Texas.
Colliers International Facilitates $103M Sale in Richmond
The Class A community is located in West Creek, one of the city’s most popular neighborhoods that is home to several Fortune 500 companies.
Florida’s 1st LGBTQ Senior Housing Project Breaks Ground
The Residences at Equality Park in Wilton Manors will offer permanent affordable housing and supportive services.
Washington, DC Project Goes Old School
The transformation of the 132-year-old Grimke School will feature residences, office space, retail and a new home for the African-American Civil War Museum.
Fairstead Affordable Buys Harlem Apartments for $76M
A HUD Project Based Section 8 contract and HPD Article 11 regulatory agreement will enable the multifamily portfolio to remain affordable for 40 years.
Suburban Chicago Property Changes Hands
Broadshore Capital Partners leveraged its value-add experience to upgrade and sell Fairways of Naperville.
JV Acquires New Jersey Value-Add Community
Chatham Village Apartments was sold by Madison Hill Properties for $35.3 million.
Berkeley Student Housing Portfolio Changes Hands
The six properties serve students attending the University of California, Berkeley.
Rocky Mountain Property Announces New Management
Mission Rock Residential has been tapped to handle property management for 6 West Apartments in Edwards, Colo.