Welcome to Steele Properties LLC
We work to preserve, improve, and increase affordable housing opportunities in communities across the country.
Steele Properties has successfully completed over $250 million in acquisitions, sales and redevelopment activity involving 29 affordable housing properties, equaling nearly 2,700 units. Our growing development portfolio includes family and senior properties in Colorado, North Carolina, Indiana, Texas, Missouri, Mississippi, Kentucky, Georgia and South Dakota.
Click here to view our complete portfolio.
Why we’re different.
In our 60+ collective years of experience with affordable multifamily housing properties, the principals of Steele Properties have developed a distinguished reputation for closing complex transactions and structuring win-win solutions that meet the goals and objectives of all of parties. Employing innovative and thoughtful financing strategies, we resolve problems that otherwise appear insurmountable.Through our continual growth and reputable acquisition history, we have cultivated strong community partnerships over the years with Government Agencies, Housing Authorities, for-profit companies, non-profit organizations, lenders, buyers, sellers, and equity providers. These trusted relationships aid us in managing acquisitions with an unequaled procedural efficiency.Steele Properties has received particular renown for acquiring very complicated portfolio transactions and ensuring that projects remain financially stable and profitable.
Click here to read our Recent Success Stories.
Partner with us!
We invite you to read the testimonials from our partners below. Please contact us today if you are interested in partnering to preserve, improve, and increase affordable housing opportunities across the country.
Testimonials.
“I very much enjoyed working with Hud, Chad and Stuart on their acquisition of a 201-unit subsidized property recently. It was a long, challenging transaction where skill, patience and experience were required. These guys performed beautifully, and I look forward to working with them again.” Steven R. Rahe | First Vice President, Investment Properties | Multi-Housing Group, CB Richard Ellis | Capital Markets
“The principals of Steele Properties are among the most sophisticated and tenacious buyers I’ve dealt with. They’ve closed every transaction my clients have put under contract with them, even when faced with substantial regulatory issues and other problems.” Paul Davis | Director, National Multi Housing Group | Marcus & Millichap
“I have worked with Steele Properties on a broad range of bond financed acquisitions during the past several years. Steele Properties has consistently demonstrated the ability to close complex real estate transactions with creative financing structures.” Brian Dale | Director, Citi Community Capital
