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
December 19, 2021
Sold for $1,750,000 ~$189 PPSF The Multi Family property located in Miami that spans 9,255 square feet sold for $1,750,000 or $189 PPSF. The deal closed 1 month ago. The brokers of the deal were Oscar Banegas, Dan Dratch and Greg Matus. Read more here from Traded
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Sold for $30,600,000~$154 PPSF The multifamily property located in Melbourne, Florida spans 199,280 square feet and sold for $30,600,000 or $154 PPSF. The deal closed 2 months and 17 days ago. The brokers of the deal were Mark Savarese, Avery Jordan, Zachary (Zach) Ames and Darron Kattan. Read more here from Traded
Learn MoreDecember 17, 2021
Franklin Street has arranged the $30.6 million sale of a 229-unit multifamily portfolio in Melbourne, FL. The firm’s Tampa-based multifamily investment sales team of Darron Kattan, Zach Ames, Avery Jordan and Mark Savarese brokered the transaction on behalf of both the seller, Scotto Properties, and the buyer, Topaz Capital Group. “The Southeast continues to see strong demand from multifamily renters, fueled by sunbelt migration,…
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Alliant Credit Union provided the 3.19% fixed-rate loan for Northpoint Technology Center WEST PALM BEACH, FL (December 17, 2021) — Franklin Street has arranged the $7 million refinancing of Northpoint Technology Center, a 70,121-square-foot industrial flex property in West Palm Beach. Franklin Street’s Joseph Landsberg, Director of Capital Advisory in the firm’s Fort Lauderdale office,…
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Sale of Carter Park Apartments reflects significant growth in per unit pricing for value-add multifamily product in South Florida FORT LAUDERDALE, FL (December 17, 2021) – The sale of a 96-unit apartment community in one of Fort Lauderdale’s most rapidly transforming submarkets reflects significant growth in South Florida’s value-add multifamily sector. Carter Park Apartments sold…
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