South Florida Multifamily Sellers Hard to Find

March 27, 2015

MIAMI—Multifamily investors in South Florida used to scoop up properties left and right, but the deals are getting harder to come by. So says Deme Mekras, regional managing partner at Franklin Street Real Estate Services.

Crown Mill Village Lofts Sell for $5.2M

Investors hunt for product attracting higher-income renters

Could Central CRE Florida Stall?

“Central Florida has experienced year-over-year rent growth since 2009, but that’s not sustainable in the future. We don’t expect to see a huge drop-off like during the recession, but we could definitely see it stall,” said Andrew Wright, CEO and managing partner of Franklin Street.

Clearwater Apartment Complex Sold

The Canterbury Oaks Apartments, at 2025 Rogers St., have been sold to a new owner that intends to upgrade the complex.

Julie Siefkes promoted to Account Manager

As Account Manager, Siefkes supports Franklin Street Insurance clients and producers.