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.
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.
Fort Myers Property Commands $65M
Channelside, a four-year-old Class A asset, changed ownership in a deal arranged by NKF.
Thriving Texas Suburb Attracts American Landmark
Completed in 2018, Four Corners Apartments is an upscale community in Frisco, some 30 miles north of Dallas.
MBK Rental Living Opens Inland Empire Apartments
Mitchell Place is located in a fast-growing city within California’s Riverside County.
Clarion Partners Buy Tampa-Area Community
JBM Institutional Multifamily Advisors arranged the $54.5 million sale of West Port Colony, located in St. Petersburg, Fla.
Philadelphia-Area Value-Add Properties Change Hands
Rittenhouse Realty Advisors sold Maple Grove Apartments and Royersford Gardens, two apartment communities located in Montgomery and Bucks Counties.
JV Lands $43M Refi for Jersey City Project
Working on behalf of The Hampshire Cos., Claremont Cos. and Circle Squared Alternative Investments, JLL secured the loan for a mixed-use development in the center of Jersey City’s emerging University Place neighborhood.
Arbor Realty Originates $50M Refi for Chicago-Area Assets
Two recently renovated suburban Chicago properties built in the 1970s have received Fannie Mae refinancing following the conclusion of major value-add programs.
Maryland Apartments Change Hands
Newmark Knight Frank facilitated a $61.8 million acquisition loan for the sale of Concord Park at Russett, a 335-unit community in Laurel.