What Now Atlanta: Central Park Apartments in South Atlanta Fetches Record-Breaking Sale Price

August 18, 2021

High demand for workforce housing continues to push up multifamily purchase prices, as evidenced by a record-breaking acquisition by RW Equities. Announced on Thursday of last week, Disrupt Equity sold the 90-unit Central Park Apartments Complex to RW Equities for $8,640,000, or $95,000 per unit. The sale has broken the record for highest price for a 1970’s multifamily property in Clayton…

American Apartment Owners Association: Aggressive Terms Are Back for Multifamily Debt Financing

August 17, 2021

With the ever-expanding federal eviction moratorium, multifamily has had its share of problems during  the pandemic, even though the category has come through with minimal changes. Not all multifamily loans are well positioned for refinance and sales, but aggressive lending options are available for many borrowers, according to Joseph Landsberg, director of capital advisory, South Florida, for…

Franklin Street CEO Andrew Wright to Speak at ‘Thought Leader Luncheon’ on Sept. 27

Join the Tampa Bay business community on Monday, Sept. 27 for an engaging conversation between Franklin Street CEO & Managing Partner Andrew Wright and Loren Murfield, Ph. D., host of the “Thought Leaders Luncheon” series. This recurring series, held at the Centre Club, features local business leaders who are making an impact through innovation and…

Key Takeaways From IMN’s Middle Market Multifamily Forum

August 16, 2021

Franklin Street’s Clint Miller, VP of Operations with Franklin Street’s Property Management Division, recently served as a panelist for Information Management Network’s 5th Annual Middle-Market Multifamily Forum in Atlanta. Clint joined fellow experts in multifamily for a discussion on lessons learned from Covid-19 and the lasting impact on the industry. Here are a few key takeaways…

Franklin Street Achieves Record Pricing for South Atlanta Multifamily Asset

The 90-unit workforce housing community in Riverdale sold for $95.5K per unit ATLANTA (August 12, 2021) — Franklin Street has arranged the sale of Central Park Apartments, a value-add, workforce housing community in Riverdale, Georgia, a fast-growing submarket just south of Atlanta. The 90-unit asset sold $8,640,000, achieving record pricing for 1970s-built multifamily product in…