The Dinerstein Companies Acquires Steele Creek Multifamily Property for $137.3 Million
The Dinerstein Companies has acquired a multifamily property known as Steele Creek for $137.3 million, the firm announced June 22, 2026, according to a posting on the company's corporate website.
Transaction Details
The Dinerstein Companies confirmed the $137.3 million purchase price for Steele Creek in a posting on its corporate website. Additional property-level details — including the asset's street address, city, state, unit count, square footage, year built, occupancy rate, cap rate, and financing terms — were not disclosed in the source material at the time of publication.
The Dinerstein Companies is identified as the buyer and sponsor in the transaction. No seller was identified in the available source material, and no brokers or lenders were named in connection with the deal.
About The Dinerstein Companies
The Dinerstein Companies is a Houston-based real estate firm active in multifamily development, acquisition, and management. The firm has been recognized as a Top 25 Developer in the 2025 National Multifamily Housing Council 50 rankings and has received LEED for Homes Power Builder designation from the U.S. Green Building Council. The company has also been named the No. 1 student housing company for seven consecutive years by ORA Power Rankings and has received Top Workplaces recognition from the Houston Chronicle for 10 consecutive years.