Tysons, VA, September 25, 2024 – SteeleHarbour Capital Partners is pleased to announce it has closed a preferred equity investment in a 219-unit Class A multifamily development project located in the Orlando, FL metropolitan statistical area.
This investment represents the opportunity to provide preferred equity financing to an experienced sponsor to develop this institutional-quality property. The investment was made through SteeleHarbour’s second fund vehicle, SteeleHarbour Strategic Opportunities Fund II-A LP.
Since its founding in late 2018, SteeleHarbour has now successfully closed 20 real estate investments in 9 states and Washington, D.C., accounting for total assets under management of approximately $1.0 billion. The investments were made through the firm’s two discretionary fund vehicles.
About SteeleHarbour Capital Partners
SteeleHarbour Capital Partners is a real estate investment firm focused on middlemarket general partner equity, preferred equity and debt investments with a primary focus on multifamily and mixed-use properties in high growth markets in the Southeast and MidAtlantic United States. SteeleHarbour’s strategy is centered around identifying and investing in secular and cyclical trends, acting on proprietary insights and leveraging deep industry relationships and institutional experience to execute on investment opportunities. The SteeleHarbour senior team has collectively completed over $10 billion of real estate investment, financing and capital market transactions over the last 25+ years. For additional information, please visit www.steeleharbour.com.