As a Director for Franklin Street, Dan Dratch assists clients in the acquisition and disposition of multifamily investment properties across South Florida. With vast knowledge of the various submarkets in the South Florida tri-county area, Mr. Dratch is engaged with all the top buyers throughout the state, which allows him to secure maximum value on his client’s assets. He currently leads a team of apartment sales brokers with a proven track record of achieving record-setting closings in multiple submarkets across the region.
From 2017 to 2019, Mr. Dratch helped close approximately $40 million worth of Class B and C multifamily assets. His real estate career began with the CoStar Group, Inc. in Miami, Florida, serving as a Sales Executive responsible for new sales and revenue growth across all of CoStar’s commercial and multifamily data, analysis, forecasting, and marketing services. He worked closely with brokers, investors, lenders and appraisers to underwrite assets, assess and interpret market conditions and customize business development plans. Prior to CoStar, he worked for Cortera, Inc., as a Senior Strategic Account Executive for their financial business intelligence solution sales.
Mr. Dratch received his Bachelor of Business Administration in Marketing from St. Thomas Aquinas College in Sparkill, New York. He is a licensed real estate sales associate in the state of Florida.
MultifamilyBiz: Franklin Street Brokers $18.8 Million Sale of 180-Unit Value Add Apartment Community in South Florida Opportunity Zone
January 19, 2021
BROWARD COUNTY, FL – Franklin Street has arranged the sale of a 180-unit value-add apartment community in South Florida for $18.8 million, or $104,444 per unit. The community is located in a federally identified Opportunity Zone in Lauderhill, just outside Fort Lauderdale. Franklin Street’s South Florida Multifamily Investment Sales Team of Dan Dratch, Greg Matus,…