Asset Class: Multifamily
California Firm Gives Rundown Properties New Life
"The strategy can be risky. Catering to a population that is financially fragile increases the possibility of lost rent collections and high turnover during times of economic weakness," said Jake...
Learn MoreDowntown St. Pete apartment complex Beacon 430 sells for $84.5M
Darron Kattan of Franklin Street doesn't see any significant interest rate rising or significant overbuilding in the Tampa Bay apartment market.
Learn MoreFranklin Street Brokers $5.9M Sale of Mixed-Use Asset in Metro Atlanta
Franklin Street Real Estate Services has brokered the $5.9 million sale of a mixed-use asset in downtown Woodstock, a northern suburb of Atlanta.
Learn MoreCanadian investor latest on multifamily bandwagon
Continuing a wave of multifamily deals throughout Florida this year, a Canadian apartment operator has spent nearly $46 million to purchase a 13-building rental community in Lakeland.
Learn MoreArbor Alley Apts Acquired for $5.6M
Reel Properties of Tampa Bay I sold the Arbor Alley Apartments at 6237 S. Manhattan Ave. in Tampa, FL to McKinley, Inc. for $5.6 million, or $70,000 per unit.
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