Traded: Franklin Street arranges sale of 7373 West Colonial Drive

August 19, 2021

Sold for $4,200,000~$532 PPSF The Retail property located in Orlando that spans 7,900 square feet sold for $4,200,000 or $532 PPSF. The deal closed 5 months ago. The brokers of the deal were Greg Matus and Adam Tiktin. Read more here from Traded

Traded: Franklin Street arranges sale of Lineo Palm Aire – 3050 Northwest 68th Street

Sold for $7,000,000~$353 PPSF The Multi Family property located in Miami that spans 19,838 square feet sold for $7,000,000 or $353 PPSF. The deal closed 4 months and 24 days ago. The brokers of the deal were Ryan Wold, Dan Dratch, Travis Jones and Greg Matus. Read more from Traded here

What Now Atlanta: Central Park Apartments in South Atlanta Fetches Record-Breaking Sale Price

August 18, 2021

High demand for workforce housing continues to push up multifamily purchase prices, as evidenced by a record-breaking acquisition by RW Equities. Announced on Thursday of last week, Disrupt Equity sold the 90-unit Central Park Apartments Complex to RW Equities for $8,640,000, or $95,000 per unit. The sale has broken the record for highest price for a 1970’s multifamily property in Clayton…

American Apartment Owners Association: Aggressive Terms Are Back for Multifamily Debt Financing

August 17, 2021

With the ever-expanding federal eviction moratorium, multifamily has had its share of problems during  the pandemic, even though the category has come through with minimal changes. Not all multifamily loans are well positioned for refinance and sales, but aggressive lending options are available for many borrowers, according to Joseph Landsberg, director of capital advisory, South Florida, for…

Franklin Street CEO Andrew Wright to Speak at ‘Thought Leader Luncheon’ on Sept. 27

Join the Tampa Bay business community on Monday, Sept. 27 for an engaging conversation between Franklin Street CEO & Managing Partner Andrew Wright and Loren Murfield, Ph. D., host of the “Thought Leaders Luncheon” series. This recurring series, held at the Centre Club, features local business leaders who are making an impact through innovation and…