Tampa Bay Business Journal: Explaining Affordability Is No Exact Science

January 28, 2022

For years, economic developers could boast about the region’s lower-cost climate. But with the region still lagging in wage growth, it’s time for employers to pay up. As recent trips to Publix will attest, these times aren’t cheap.  From grocery bills to expensive takeout to skyrocketing rents, anecdotal evidence of inflation is all around us….

Franklin Street’s Andrew Wright Recognized as one of Tampa Bay’s 100 Most Influential Leaders

January 27, 2022

Franklin Street is pleased to announce Andrew Wright, Founder & Chairman of the Board, has been recognized by the Tampa Bay Business Journal as one of the region’s 100 most influential leaders in 2022. Below is an excerpt from TBBJ explaining how they selected this year’s “Power 100” honorees: “The Power 100 is not a…

Connect CRE: Franklin Street Arranges Sale of Fort Lauderdale Waterfront Multifamily for $340K Per Unit

Franklin Street has arranged the sale of The Mahalo Isles, a 20-unit, waterfront multifamily in Fort Lauderdale’s Harbordale submarket, for $6.8 million. The pricing — according to the company 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…

Orlando Business Journal: 2022 Orlando Economic Outlook

January 26, 2022

Below is an excerpt of an Orlando Business Journal article written by by Bonita Tillman. The Orlando and Central Florida region is on an upward trajectory, according to insights from economic experts who took part in the 2022 Orlando Economic Outlook meeting at the Orlando Science Center Jan. 7. “We’re in the best place in…

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

Peacock Capital acquired the 29-property Garden Court Portfolio from a private owner TAMPA, FL (January 25, 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…