Commercial Real Estate, Capital, Insurance, Leasing & Management

Franklin Street Brokers $21.3M Sale of Apartment Community in Orlando

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Franklin Street has arranged the $21.3 million sale of Chowder Bay Apartments, a 304-unit multifamily community located at 4700 Rio Grande Ave. in Orlando.

ORLANDO, FLA. — Franklin Street has arranged the $21.3 million sale of Chowder Bay Apartments, a 304-unit multifamily community located at 4700 Rio Grande Ave. in Orlando. Fieldstone Properties LLC, a private equity investment firm, sold the asset to Dominium Management Services LLC, a Minneapolis-based apartment development and management company. Chowder Bay is a gated complex that features a swimming pool and sundeck, fitness center, lighted tennis courts and a children’s playground. Darron Kattan, Kevin Kelleher, Zachary Ames and Robert Goldfinger of Franklin Street’s Tampa office represented the buyer and seller in the transaction.

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