CRE-Sources South Florida: Franklin Street arranges sale of Fort Lauderdale apartment property for $340K per unit

January 25, 2022

Franklin Street has arranged the sale of a 20-unit, waterfront multifamily property in Fort Lauderdale’s Harbordale submarket for $6.8 million. The pricing – considered top of market for a 1970s era property – equates to $340,000 per unit and $512 per square foot. Franklin Street’s South Florida Multifamily Investment Sales Team of Ryan Wold, Dan Dratch and Greg Matus represented the seller, EGE…

Franklin Street Arranges $20.25M Sale of 209-Unit Multifamily Portfolio in Tampa Bay

January 24, 2022

Peacock Capital acquired the 29-property Garden Court Portfolio from a private owner TAMPA, FL (January 24, 2022) – Franklin Street has arranged the sale of a 209-unit, value-add, multifamily portfolio in Plant City, Florida, approximately 25 miles east of Tampa. The $20.25 million sale marks the first time the Garden Court Portfolio has sold since it was…

Franklin Street Arranges Sale of Fort Lauderdale Apartment Property for $340K Per Unit

January 21, 2022

LA-based Cochise Capital acquired The Mahalo Isles, a 20-unit waterfront asset FORT LAUDERDALE, FL (January 21, 2022) – Franklin Street has arranged the sale of a 20-unit, waterfront multifamily property in Fort Lauderdale’s Harbordale submarket for $6.8 million. The pricing – considered top of market for a 1970s era property – equates to $340,000 per…

Franklin Street’s Monetha Cobb Honored as One Atlanta’s Most Influential Leaders

January 19, 2022

Franklin Street is pleased to announce Monetha Cobb, Regional Managing Director of our Atlanta office, has been honored as one of Atlanta’s 500 most powerful leaders in 2022 by Atlanta Magazine. A leader with our firm since 2010, Monetha has helped put Franklin Street on the map as a top CRE player in the Atlanta…

Jax Daily Record: What’s behind the Northeast Florida apartment boom

As multifamily dominated the Jacksonville investment sales market in 2021, the Jax Daily Record asked Franklin Street’s Laura Gonzales, Regional Managing Director, what’s driving Northeast Florida’s apartment boom. Below is an excerpt of her response: Jacksonville, the largest city in Florida, has experienced positive population changes, increases in wages, strong market fundamentals and has outperformed…