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The latest insights from franklin street experts

Virtual Panel Discussion: Navigating the Multifamily Insurance Market
Moderated by Matthew Harrell, Managing Director of Insurance Services
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The Road Traveled with Carrie Smith: Success Is Not A Straight Line
New Podcast episode Featuring Franklin Street's Managing Director, Carrie Smith
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Franklin Street Surpasses Billion Dollar Mark In 2019
Commercial Real Estate Firm Tops $1.1 Billion Sales Volume In Record-Breaking Year
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Ask The Expert with Clint Miller
How Did COVID-19 Re-enforce Our Decision to Use Technology to Better Serve Our Residents and Teammates?
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Franklin Street In The News

Ask The Expert: Are Insurance Premiums Expected To Continue Increasing For Commercial Real Estate In 2021 & What Options Are Available To Mitigate The Impact?

November 10, 2020


Unfortunately insurance premiums for the real estate sector are expected to continue increasing in 2021.  There are 4 primary reasons for the continued “Hard Market”, which is the upturn in an insurance market cycle when premiums are increasing and capacity for coverage is decreasing.  Although all sectors of commercial real estate will feel the impact…

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Yield Pro: Franklin Street brokers $25.4 million sale of 200-unit apartment community in Naples, Florida

November 9, 2020


Franklin Street has brokered the sale of Wild Pines of Naples Apartments in the affluent Naples market on Florida’s southwest coast. The 200-unit, garden-style apartment community sold for $25.35 million, or $126,750 per unit. Franklin Street’s Tampa-based multifamily investment sales team of Darron Kattan, Zach Ames, Kevin Kelleher, Avery Jordan, and Mark Savarese arranged the sale on behalf of the seller, Axonic Properties,…

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Ask the Expert: How Did COVID-19 Re-enforce Our Decision to Use Technology to Better Serve Our Residents and Teammates?


Franklin Street began using Yardi Rent Café in 2017 to enable future residents to apply online but also let current residents pay their rent and submit workorders 24hrs a day and not be reliant on the office needing to be open. So when we needed to close our leasing offices to outside traffic due to…

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Business Observer: CRE industry still sees headwinds ahead

November 6, 2020


A bi-annual survey of commercial real estate industry participants nationwide by a leading trade group last month found that most remain pessimistic about prospects for a full recovery by this time in 2021. The NAIOP CRE Sentiment Index, a survey based on a scale of 1 to 100 in which a score of 100 represents…

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GlobeSt.com: CRE Projects Will Find It Hard to Get Insurance Until Election is Settled

November 4, 2020


As the election approached, some insurers started backing away. Recently, several of the nation’s largest commercial property insurers have put moratoriums on new insurance policies and renewals due to concerns about potential election-related “civil unrest,” according to Garet Marr, director of Insurance Services for Franklin Street, which has an insurance portfolio of 400,000 multifamily units…

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