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

January 27, 2022

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…

NAIOP South Florida: LA-based Cochise Capital acquired The Mahalo Isles, a 20-unit waterfront asset

January 25, 2022

FORT LAUDERDALE, FL (January 20, 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…

Yield Pro: Franklin Street arranges sale of Fort Lauderdale apartment property for $340K per unit

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, EGA Holdings, LLC, in…