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.
Retail Store Converted Into Luxury Multifamily Building
Walker & Dunlop structured $35.4 million in construction financing for a mall-to-multifamily redevelopment in Mary Esther, Fla.
Resort-Style Senior Living Community Opens Near Pittsburgh
Resort Lifestyle Communities’ independent living facility in Bridgeville, Pa., offers 128 residential units for adults age 55 and over.
Pathfinder Partners Buys Sacramento-Area Property
The 170-unit Rosemont Park, situated 10 miles east of downtown, traded for $28.8 million.
LIHTC Pilot Speeds Up Affordable Financing
A Tennessee affordable housing community catering to seniors and disabled residents became the first property financed by HUD’s Atlanta office under the new LIHTC Pilot program.
Bay Area Asset Changes Ownership
New Standard Equities paid $60 million for the 170-unit garden-style community located in Fremont, Calif.
New Jersey TOD Scores Financing
A JLL Capital Markets team arranged the $19.9 million construction loan for 34 Bank in Netcong, N.J.
Aeon Opens Twin Cities Affordable Community
Situated in Minneapolis’ growing Towerside district, The Louis directly responds to the neighborhood’s lack of affordable housing.
Phase 2 of Dallas-Area Development Breaks Ground
Arlington Commons will offer 358 units and is the largest redevelopment project in Arlington, Texas, history.
JV Completes $105M Orlando Student Housing
UnionWest at Creative Village serves students attending the University of Central Florida and Valencia College.
Silverstone Senior Living Makes its Mark in Maryland
Construction has begun on The Seneca of Rockville, a $76 million community in Rockville, Md., one of the company’s three new developments in the Washington, D.C., market.