Asset Class: Multifamily
Yield Pro: IMG announces the sale of a 230-unit townhome property in South Florida for $41.55 million
Investors Management Group, Inc. (“IMG”) announced that it has sold Waterleaf Townhomes and Apartments, a 230-unit community located at 1900 SE Hillmoor Drive in Port St. Lucie to Covenant Capital...
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Traded: Franklin Street arranges sale of 116 South Riverside Drive
Sold for $4,770,000~$254 PPSF The Multi Family property located in Miami that spans 18,800 square feet sold for $4,770,000 or $254 PPSF. The deal closed 10 months and 21 days ago. The brokers of the deal were Joseph Landsberg, Ryan...
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Traded: Franklin Street arranges sale of 2750 US-1 Community
Sold for $32,200,000~$100 PPSF The Multi Family property located in Fort Pierce, FL that spans 323,573 square feet sold for $32,200,000 or $100 PPSF. The deal closed over 10 months ago. The brokers of the deal were Mark...
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Jacksonville Business Journal: Multifamily development breaks ground on Jacksonville’s northside
A 270-unit multifamily development in Jacksonville’s northside broke ground March 12, according to a press release from the general contractor. Summit Contracting Group broke ground on The Avery at River...
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CRE-Sources: Franklin Street Arranges $32 Million Sale Of Fort Pierce MF Community
Franklin Street has arranged the $32.2 million sale of The Sands at St. Lucie, a 320-unit apartment property in Fort Pierce. Built in 1988, the affordable housing community is comprised of 21,...
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