Tampa Bay Business Journal: Meet Michael Shadeed, a 2021 40 Under 40 honoree

October 4, 2021

Michael Shadeed is a senior director with Franklin Street Insurance Services and a 2021 40 Under 40 honoree. Get to know Franklin Street’s very own below: Education: Bachelor’s degree, risk management and insurance, University of Georgia What was your first paid job? Working at a BBQ restaurant north of Atlanta called Slope’s BBQ, started when I was 14….

Business Observer: Another multifamily complex sells near university, brings $43.2 million

TAMPA — If it’s a day that ends with Y, it must mean another area apartment complex sold. This time it’s the Campus Palms in Tampa, a student housing community a couple of blocks from the University of South Florida. The 230-unit, 570-bed community sold for $43.2 million to Doylestown, Pennsylvania-based Trinity Property Group and…

The Real Deal: Zenix Properties buys North Lauderdale retail center for $14M

October 1, 2021

Miami-based Arena Capital sold a Broward County retail center for $395,000 above its listing price. Buyer Zenix Properties, a Miami-based entity led by Roberto and Orlando Alberro, paid $13.5 million for Promenade Shoppes at 7910 West McNab Road in North Lauderdale. Adam Tiktin and Greg Matus with Franklin Street represented the seller, and Matthew Martinez…

Franklin Street Arranges $10.2M Construction Financing for Wyndham Hotel in Hollywood, FL

The loan, secured in a difficult environment for hospitality lending, will finance the first Wyndham Dolce flag in Florida and one of world’s only fully kosher luxury hotels FT. LAUDERDALE, FL (October 1, 2021) – Franklin Street has secured a $10.2 million loan for the ground-up construction of the Wyndham Dolce Kosher House Hotel in…

Franklin Street Arranges $43.2M Sale of Student Housing Community Near USF in Tampa

The property sold for $187,826 per unit or $75,789 per bed TAMPA, FL (October 1, 2021) – Franklin Street has arranged the sale of Campus Palms, a 230-unit, 570-bed student housing community in Tampa for $43.2 million. The property is located two blocks from the University of South Florida, serving a student population of nearly…