Asset Class: Multifamily
Will Atlanta’s Urban Markets Stay En Vogue?
Jake Reid, a senior director at Franklin Street, tells GlobeSt.com he expects this trend to remain strong for quite some time. That’s good news for developers that are betting on...
Learn MoreAging Apartments Fetch Big Value
Franklin Street announces the sale of Lenox Townhomes for $4,820,000 and Toco Hills Apartments for $2,024,000.
Learn MoreCap Rate Limbo: How Low Can They Go?
“The hardest part of the equation right now is the exit strategy underwriting,” says Darron Kattan, managing director at Franklin Street Real Estate in Tampa, Fla.
Learn MoreBriefcase: Franklin Street
Franklin Street managed the $2.393 million sale of a 36-unit apartment building at 447 N.E. 125th St. in North Miami.
Learn MorePonce Hotel sells
An intown Atlanta hotel has a new owner. The Ponce DeLeon Hotel, located just blocks from the future Ponce City Market, has sold for $1.6 million, according to Fulton County...
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