Franklin Street Arranges $20.25M Sale of 209-Unit Multifamily Portfolio in Tampa Bay

January 24, 2022

Peacock Capital acquired the 29-property Garden Court Portfolio from a private owner TAMPA, FL (January 24, 2022) – Franklin Street has arranged the sale of a 209-unit, value-add, multifamily portfolio in Plant City, Florida, approximately 25 miles east of Tampa. The $20.25 million sale marks the first time the Garden Court Portfolio has sold since it was…

Franklin Street Arranges Sale of Fort Lauderdale Apartment Property for $340K Per Unit

January 21, 2022

LA-based Cochise Capital acquired The Mahalo Isles, a 20-unit waterfront asset FORT LAUDERDALE, FL (January 21, 2022) – Franklin Street has arranged the sale of a 20-unit, waterfront multifamily property in Fort Lauderdale’s Harbordale submarket for $6.8 million. The pricing – considered top of market for a 1970s era property – equates to $340,000 per…

Atlanta Magazine: 500 of Atlanta’s Most Influential Leaders

January 19, 2022

Franklin Street is pleased to announce Monetha Cobb, Regional Managing Director of our Atlanta office, has been honored as one of Atlanta’s 500 most powerful leaders in 2022 by Atlanta Magazine. A leader with our firm since 2010, Monetha has helped put Franklin Street on the map as a top CRE player in the Atlanta…

Jax Daily Record: What’s behind the Northeast Florida apartment boom

As multifamily dominated the Jacksonville investment sales market in 2021, the Jax Daily Record asked Franklin Street’s Laura Gonzales, Regional Managing Director, what’s driving Northeast Florida’s apartment boom. Below is an excerpt of her response: Jacksonville, the largest city in Florida, has experienced positive population changes, increases in wages, strong market fundamentals and has outperformed…

What Now Atlanta: A-Town the New Motown? Workforce Apartments More Expensive For Renters and Investors

January 7, 2022

Competitive apartment market spells high demand, fewer sweet deals as industrial job centers grow along metro Atlanta interstates. Across metro Atlanta, affordable apartments are becoming scarce – and not just for renters. Investors are also seeing a price spike as industrial and manufacturing jobs lineup alongside metro Atlanta interstates. To understand which markets are heating…