The latest insights from franklin street experts
New Ownership Promises Exciting Opportunities for Development and Community Growth Franklin Street is excited to announce a major achievement in the multifamily real estate sector
September 19, 2021
Sold for $13,575,000~$342 PPSF The Retail property located in Fort Lauderdale that spans 39,650 square feet sold for $13,575,000 or $342 PPSF. The deal closed roughly 4 months ago. The brokers of the deal were Greg Matus and Adam Tiktin. Read more here from Traded
Learn MoreSeptember 17, 2021
Hours before the Jewish holy day of Yom Kippur started on Sept. 15, the developer of a kosher hotel in Hollywood obtained a $10.2 million construction loan to move the project forward. Orlando-based Fairwinds Credit Union provided the loan to Kosher House LLLP, managed by Sharon Sharaby of BSD Capital in Hollywood. The loan was arranged by Casey…
Learn MoreSeptember 13, 2021
Florida might have dodged a bullet from Hurricane Ida, but consumers in the Sunshine State ultimately won’t be able to escape its financial wrath. Insurance experts say Ida will drive up rates for reinsurance — which is insurance that insurance companies must buy to guarantee they can pay all claims after a disaster — and…
Learn MoreSeptember 11, 2021
Franklin Street represented Pembroke Pines-based buyer Terra Equity Group in the $7 million acquisition of the 22-unit apartment community at 3050 N.W. 68th St. in Fort Lauderdale. Newmark represented seller Defined Cos. The property, previously known as Lineo Palm Aire, has been renamed Terra Palm Aire. Read more from South Florida Business Journal.
Learn MoreSeptember 10, 2021
Franklin Street, a Tampa-based real estate services firm, promoted commercial real estate and capital markets industry veteran Laura Gonzales to regional managing director and market leader of the firm’s Jacksonville, Florida, office. In her expanded role, Gonzales will continue as director of capital markets in addition to overseeing growth of the firm’s various business lines in the…
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