As Senior Director, Jake Reid specializes in assisting both private and institutional clients in the disposition and acquisition of multifamily properties throughout Georgia.
During his career, Mr. Reid has represented clients in the dispositions for more than 200 properties totaling over $600 million. Through the Franklin Street collaborative platform, Mr. Reid is able to focus on clients’ financial needs and goals as a focal point of the exit strategy – including a detailed marketing plan tailored for a seamless transaction to achieve maximum proceeds for his clients.
Initiating Franklin Street’s Atlanta multifamily sales practice in 2010, Mr. Reid oversees Atlanta’s growing team dedicated to serving the multifamily communities throughout the Southeast. Prior to joining Franklin Street, he served as part of the apartment sales team for Marcus & Millichap’s Atlanta office for more than nine years. Before his career in investment sales, Mr. Reid gained valuable experience in apartment management with LIT Properties based in Midtown Atlanta. In addition to existing multifamily sales, he has unique experience with the marketing of suburban land, urban infill, and adaptive reuse properties.
Mr. Reid is currently a member of the National Multi Housing Council (NMHC) and a recipient of numerous awards including being recognized as one of Real Estate Forum’s 2016 50 Under 40 professionals. He has received Franklin Street’s Sales Achievement Award from 2012 to 2018 and was a Top Earner Award winner in Atlanta for 2015.
Mr. Reid graduated from the University of Georgia in 2001 with a bachelor’s degree in International Business with a concentration in Finance. He is a licensed Real Estate Salesperson in the state of Georgia.
Connect CRE: Franklin Street Brokers $19M Sale of 482-Unit MF Portfolio in Montgomery
October 15, 2020
Franklin Street has arranged the $18.5 million sale of the Fields Portfolio, a 482-unit, value-add multifamily portfolio in Montgomery, AL. The portfolio consists of two communities, the Fields One Center and the Fields Carriage Hills. The portfolio is made up of 52, two-story buildings across 36 acres. Units average 970 square feet and range in…