Franklin Street’s Andrew Wright Honored as one of Florida’s 2022 Most Influential Executives by Florida 500

February 13, 2023

We are pleased to announce Andrew Wright, Founder & Chairman of Franklin Street, has been named one of Florida’s most influential executives in the “Florida 500” list by Florida Trend Magazine. This prestigious honor recognizes leaders spanning across more than 60 business categories throughout the state. According to Florida Trend, the editorial selection of the 500 executives…

Orlando Business Journal: 2023 Orlando Economic Outlook

Franklin Street was pleased to serve as a presenting sponsor of the Orlando Business Journal’s 2023 Economic Outlook Event! Below are excerpts from OBJ’s recap of the event, featuring key highlights from Franklin Street Founder & Chairman Andrew Wright’s presentation. The impacts from the unprecedented challenges that the U.S. economy has faced over the last…

Franklin Street Arranges $7.8M Sale of Waterfront, Value-Add Multifamily Property in Fort Lauderdale, FL

February 10, 2023

F Advance Acquisitions, LLC acquired the 100% occupied, 1982-built community in its first ever trade­­ FORT LAUDERDALE, FL (February 10, 2023) – Franklin Street has arranged the sale of Marina Townhomes, a 24-unit, 38,800-square-foot, waterfront multifamily property in Fort Lauderdale, for $7.8 million, equating to $325,000 per unit. The transaction marks the first time the…

Southeast Multifamily & Affordable Housing Business: Investors Find South Florida Irresistible

February 9, 2023

Franklin Street’s Dan Dratch, Senior Director of Multifamily Investment Sales, was recently interview by Southeast Multifamily and Affordable Housing Business on the outlook for South Florida’s multifamily market in 2023. Below, are highlights from the interview: South Florida’s multifamily investors know a storm is coming. But threats of disaster, natural or economic, seem incapable of…

Franklin Street Arranges Sale of Two-Facility, 109-Unit Self-Storage Portfolio in Indiana

The value-add portfolio is the fourth asset Franklin Street’s David Perlleshi and Frank DeSalvo have sold on behalf of HZ Capital Partners, LLC in the last nine months ANGOLA, IN (February 9, 2023) – Franklin Street has arranged the sale of a two-property, value-add self-storage portfolio in Angola, Indiana, about an hour north of Fort…