Franklin Street Secures $14M Refinance Loan for 120-Unit Multifamily Portfolio in Tampa, FL

November 17, 2021

The 10-year, 3.41% Fannie Mae loan will provide the buyer with increased cash flow to reinvest into capital improvements TAMPA, FL (November 17, 2021) — Franklin Street has arranged the $13.85 million refinancing of a multifamily portfolio in Tampa consisting of four market rate, garden-style apartment properties totaling 120 units. Casey Siggins, Ben Miller and…

Franklin Street Arranges $43.5M Sale of Downtown Naples Development Site Slated for Luxury Mixed-Use Project

Aspen, Colorado-based M Development acquired the 4.27-acre site NAPLES, FL (November 12, 2021) – Franklin Street has arranged the sale of a 4.27-acre development site in downtown Naples for $43.5 million. The flexibly zoned site is situated along the 900 and 1000 blocks of Naples’ famed Fifth Avenue – considered one of the most exclusive…

Business Observer: Colorado developer pays $43.5 million for lot near prestigious shopping district

November 16, 2021

M Development plans luxury residential, retail development on Naples’ Fifth Avenue. NAPLES — A Colorado-based developer has bought 4.27 acres in downtown Naples and intends to build a luxury, mixed-used development on the property.  M Development, which is from Aspen, bought the property on Fifth Avenue, between the 900 and 1000 blocks, for $43.5 million….

Panel Event: Franklin Street’s Chad DeFoor to Speak at Interface / France Media’s 12th Annual Multifamily Southeast Conference

November 15, 2021

Franklin Street is excited to share that our own Chad DeFoor, Senior Director with our Multifamily Investment Sales Team, will serve as an expert panelist at Interface Conference Group’s 12th Annual Multifamily Southeast Conference on December 2, 2021. See more details and a link to reserve your spot at this event below! What you’ll learn: Investment Trends:…

Southeast Real Estate Business: Atlanta Retail is Exceeding Expectations

As new jobs are created in the metro area, retail developers and investors are actively setting down roots to take part in Atlanta’s growth story. Atlanta’s retail recovery is taking shape amid a time when thecity is transforming into a destination for corporate relocations and expansions. Microsoft made headlines locally in February when it purchased…