Person: Mark Savarese
Traded: Franklin Street arranges sale of 150 & 220 East University Boulevard
Sold for $30,600,000~$154 PPSF The multifamily property located in Melbourne, Florida spans 199,280 square feet and sold for $30,600,000 or $154 PPSF. The deal closed 2 months and 17 days ago. The brokers of the deal were Mark...
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Traded: Franklin Street arranges sale of 3016 Pinewood Drive Northeast
Sold for $19,600,000~$118 PPSF The Multi Family property located in Palm Bay that spans 166,648 square feet sold for $19,600,000 or $118 PPSF. The deal closed a little over 6 weeks ago. The brokers of the deal...
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Connect CRE: Franklin Street Completes $20M Sale of Affordable Community in Melbourne
Franklin Street has arranged the $19.6-million sale of The Pines at Palm Bay, a 41-building, 216-unit, value-add multifamily in Palm Bay, FL. The community was 99.5% occupied. Franklin Street’s Darron Kattan, Zach Ames, Avery...
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Franklin Street Arranges Sale of 229-Unit Multifamily Portfolio in Melbourne, FL for $30.6M
NY-based Topaz Capital Group acquired the value-add property in one of the Southeast’s most up and coming multifamily investment markets MELBOURNE, FL (December 6, 2021) – Franklin Street has arranged the $30.6 million...
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Q3-21 Multifamily Report: Central Florida
CENTRAL FLORIDA MULTIFAMILY EXPECTED TO SEE RISING RENTS AND STRONG MARKET FUNDAMENTALS Franklin Street’s Q3-21 report on the Central Florida multifamily market, spanning from Tampa Bay on the west through...
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