The latest insights from franklin street experts
New Ownership Promises Exciting Opportunities for Development and Community Growth Franklin Street is excited to announce a major achievement in the multifamily real estate sector
September 23, 2021
Franklin Street has arranged the sale of a 48-unit value-add multifamily property in Lauderdale Lakes, a submarket of Fort Lauderdale, for $6.95 million or $144,791 per unit. The 1972-built property, called Newcastle Apartments, was 100 percent occupied at time of sale and offers immediate upside through rent growth. Franklin Street’s Dan Dratch, Greg Matus, Travis Jones,…
Learn MoreSeptember 21, 2021
In an interview with Invest, Laura Gonzales, regional managing director of full-service commercial real estate firm Franklin Street in Jacksonville, talked about the rapid growth visible throughout the state and the opportunities arising in response to new residents and businesses coming to the area. She also discussed her outlook for her industry in a post-pandemic economy. How…
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A Clearwater developer is planning a project that will add a grocer-anchored shopping center, apartments and townhouses at the entrance of a master-planned community in South Hillsborough County. Boos Development paid $21.5 million for 72 acres at Big Bend Road and Waterset Boulevard in a deal that closed in mid-September, according to Hillsborough County property…
Learn MoreSeptember 20, 2021
Transaction achieved record pricing for comparable properties in the Lauderdale Lakes submarket BROWARD COUNTY, FL (September 20, 2021) — Franklin Street has arranged the sale of a 48-unit value-add multifamily property in Lauderdale Lakes, a submarket of Fort Lauderdale, for $6.95 million or $144,791 per unit. The 1972-built property, called Newcastle Apartments, was 100% occupied…
Learn MoreSeptember 19, 2021
Sold for $6,950,000~$191 PPSF The Multi Family property located in Fort Lauderdale that spans 36,450 square feet sold for $6,950,000 or $191 PPSF. The deal closed 4 months ago. The brokers of the deal were Dan Dratch, Alejandro Gershanik, and Greg Matus. Read more here from Traded
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