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.
St. Petersburg Deal Sets Central Florida Record
Courtney at Bay Pines traded for the highest price ever paid in the area for a garden-style community.
Atlanta Affordable Community Changes Hands
Greystone provided a $19.3 million loan for the purchase of Shamrock Gardens.
Inland Empire Senior Housing Commands $58M
Cushman & Wakefield negotiated the sale of a Southern California continuing care retirement community to a buyer which plans to convert the asset to a rental property.
Marcus & Millichap Cinches Sales of 6 in New Jersey
In separate transactions, the firm’s Ozturk-Gatto Group negotiated the deals for a half-dozen assets located some 18 miles west of Manhattan.
Rail Station Location Seals Chicago Deal
Inland Private Capital Corp. facilitated the sale of Kimball Station in a $15.2 million deal.
San Diego Suburban Asset Sells for $66M
IDEAL Capital Group and Aegon Real Assets U.S. bought a community in Oceanside, one of California’s last affordable beach cities, in a deal arranged by CBRE.
Indiana Property Lands Fannie Mae Refi
Hunt Real Estate Capital provided the loan for Sugar Mill Creek Townhomes in Evansville.
KFA, HCHC Unveil LA Affordable Community
Coronel Apartments is a 54-unit transit-oriented property addressing East Hollywood’s growing demand for affordable housing.
Passco Finds a Jewel in Houston Suburbs
The investor acquired the newly renamed Sapphire Bay Apartments in Baytown, Texas.
CAPREIT to Manage Washington-Area Community
Located in Suitland, Md., Allentown offers 178 units and recently underwent a full renovation.