Asset Class: Multifamily
Franklin Street Arranges Sale of Palm Beach County Apartment Complex
Lake Worth (December 2, 2020) – Franklin Street has arranged the sale of a six-unit multifamily property at 417 North E Street in the Palm Beach County city of Lake Worth....
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Business Observer: Apartment deals surge throughout the Gulf Coast
Apartment deals took a hit throughout Florida this past summer, as COVID-19 fueled uncertainty and caused financing to pull back on commitments. But since the start of October, multifamily rental...
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GlobeSt.com: Why Insurance Rates are Rising for CRE Owners
Right now, commercial property owners are dealing with rising rates in both property and liability insurance. “In the past eight months, the umbrella rates have gone up, and that’s attributable...
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MultifamilyBiz: Franklin Street Brokers $25.4 Million Sale of 200-Unit Wild Pines of Naples Apartment Community on Florida’s Southwest Coast
Franklin Street has brokered the sale of Wild Pines of Naples Apartments in the affluent Naples market on Florida’s southwest coast. The 200-unit, garden-style apartment community sold for $25.35 million, or...
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Multi-Housing News: GMF Capital Acquires South Florida Community for $25M
Axonic Properties has sold Wild Pines, a 200-unit, garden-style community in Naples, Fla., for $25.3 million. Franklin Street represented both the seller and the buyer, GMF Capital. Built in phases...
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