
Franklin Street brokers sale of Glenbrooke Apartments in Sarasota
6.5% tax adjusted cap rate key to closing SARASOTA, Florida — Franklin Street announced it has successfully brokered the sale of the Glenbrooke Apartments in
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6.5% tax adjusted cap rate key to closing SARASOTA, Florida — Franklin Street announced it has successfully brokered the sale of the Glenbrooke Apartments in
January 17, 2020
The Tampa Bay Business Journal invited the 2020 Economic Outlook audience to send text messages with questions for all three presenters in real time, including Andrew Wright, CEO and managing partner of Franklin Street.
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Office, entertainment and residential developments in Orlando’s Parramore area will spur more demand for retail in the area, said Terrence Hart, senior director of retail leasing at Franklin Street of Orlando.
Learn MoreJanuary 15, 2020
Franklin Street brokered the $6.2 million sale of Pinecrest Pointe Apartments, a 48-unit rental property at 295-395 S.W. 15th St. in Pompano Beach, and the $8.2 million sale of Ingram Park Apartments, a 118-unit rental property at 14255 N.W. 22nd Ave. in Opa-locka.
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As both debt and equity sources offer bridge lending products, the big players still rule the pure equity space.
Learn MoreJanuary 14, 2020
Larry Kahn, senior director of industrial services, explained why businesses are seeking opportunities in Florida’s Lake County.
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