The latest insights from franklin street experts
Off-market transaction highlights investor demand and limited retail inventory across Central Florida ORLANDO, Florida — Franklin Street announced it has successfully arranged the sale of
September 8, 2021
Franklin Street has announced the promotion of Ricky Ostrofsky to the position of Director of Retail Services in Jacksonville. Ostrofsky joined Franklin Street in 2016 and focuses on representing landlords of retail properties throughout North Florida in their leasing needs. He helps manage leasing efforts for a 4 million-square-foot portfolio of space in the market,…
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Note: This article was originally published in Wealth Management Real Estate’s 2021 Midyear Outlook. Read the e-edition here. By Garet Marr, Senior Director, Insurance Services We are in the most challenging insurance market in recent history. Halfway into 2021, conditions in the overall market have not improved and are continuing to tighten. The hard market is substantially…
Learn MoreSeptember 3, 2021
Franklin Street has arranged the $7 million sale of Terra Palm Aire, a 22-unit luxury apartment community in northwest Fort Lauderdale. The property is located at 3050 NW 68th St. and was completed in 2020. In 2021, the property achieved full lease up with an average rent of $1,890 per month. The property consists of…
Learn MoreSeptember 2, 2021
Franklin Street is excited to announce that our own Michael Shadeed, Senior Director of Insurance Services, has received Tampa Bay Business Journal’s prestigious “40 under 40” honor. Michael, who has been with Franklin Street since 2010, has become a leader within our firm, consistently ranking as a top producer. As a leader with Franklin Street…
Learn MoreAugust 30, 2021
By Westcott Toole, Senior Regional Manager, Property Management As a lender, it can be burdensome to assume control of distressed commercial real estate assets that go into foreclosure. Many of these assets come with significant deferred maintenance, challenging tenants and financial and operational deficiencies that are now suddenly your responsibility. However, when working with an…
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