Q1-22 Multifamily Report: South Florida

May 2, 2022

As South Florida continues to attract new residents and companies from around the world, demand from renters and investors follows. South Florida Multifamily Investment Multifamily price per unit values continued their growth patterns much like the rest of the metrics tracking the South Florida hub. Miami-Dade County sales price per unit averaged $412,612 for Class…

Q1-22 Multifamily Report: Central Florida

Rental rates and per unit pricing continue to rise as population growth creates strong demand for Central Florida multifamily Multifamily Rent Trends: Tampa Bay: Of all the Central Florida multifamily markets included in this report, Tampa-St. Petersburg experienced some of the sharpest increases in rental rates. Starting the year, Q1-22 rent per square foot was…

Q1-22 Multifamily Report: Atlanta

Atlanta multifamily maintains strong momentum in the first quarter of 2022 Atlanta Multifamily Investment Although Atlanta’s multifamily investment sales market hit a pandemic-driven low in Q2-20, it quickly recovered in 2021, achieving a record annual sales volume totaling over $18 billion. The market maintained momentum in Q1-22, starting the year with $2.82 billion in sales….

Franklin Street Arranges $7.2M Sale of Value-add Multifamily Property in St. Petersburg, FL

April 29, 2022

Southeast Property Group acquired the 44-unit community TAMPA, FL (April 28, 2022) – Franklin Street has arranged the sale of Whitehall Horizons, a 44-unit, 64,896-sqaure-foot multifamily property in St. Petersburg, Florida, for $7.15 million, or $110.18 per square foot. Franklin Street’s Tampa-based Multifamily Investment Sales Team of Mark Savarese, Avery Jordan, Zach Ames and Darron…

Franklin Street Arranges 20K-SF Lease with Burlington at Atlanta Area Shopping Center

The lease brings a 311,396-SF shopping center in Cumming, Georgia, to 100% occupancy ATLANTA, GA (April 28, 2022) – Burlington has signed a lease joining other national retailers in Forsyth County, Georgia. The 20,388-square-foot lease at the Cumming Town Center, located 35 miles north of Atlanta, is a strong sign of growth in Georgia’s retail…