The latest insights from franklin street experts
Strategic Off-Market Transaction Highlights Commitment to Client Success and Market Potential Aiken, SC – Franklin Street is pleased to announce the successful sale of Fortress
August 14, 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…
Learn MoreAugust 13, 2021
ORLANDO, FL (August 13, 2021) — Franklin Street has arranged the sale of a 1.44-acre site leased to Red Lobster at 7373 W. Colonial Dr. in Orlando. An entity owned by Abraham Cherem acquired the site from Master Carwash, L.L.C, for approximately $4.2 million. Adam J. Tiktin and Greg Matus, of Franklin Street’s Florida Investment…
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Franklin Street has arranged the $8.6 million sale of Central Park Apartments, a value-add, workforce housing community in Riverdale, GA. The 90-unit property traded for $95,500 per unit, a record for 1970s-built multifamily product in Clayton County, according to Franklin Street. At the time of sale, the property was 100% occupied. Residences range from efficient…
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By Andrew Wright, CEO & Managing Partner Halfway through 2021, Florida has proven exceptionally resilient in the aftermath of COVID-19. Although the year began with some uncertainty, all signs now point toward a full recovery by the end of the year. Moving forward, we remain extremely bullish on Florida’s economy and commercial real estate market….
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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 Clayton County. Jake Reid and Chad DeFoor, with Franklin Street’s Atlanta Multifamily Investment Sales Team, represented the seller,…
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