Franklin Street Arranges Record Multifamily Sale In South Florida’s Wilton Manors
The sale marks the second highest per unit sales price for its size, vintage and submarket.
The sale marks the second highest per unit sales price for its size, vintage and submarket.
The properties are located within the cities of Pompano Beach, Ft. Lauderdale, Hollywood, Miami Gardens, Opa Locka, Miami, and Homestead, Florida.
Berger Commercial Realty’s Stephen Hyatt and Judy Dolan represented seller in the sale.
The multifamily community was constructed in 2016 and features three distinct floor plans averaging 993 square feet.
The portfolio consists of six apartment communities built between 1963 and 1973 totaling 94 units. CLICK ON THE HEADLINE FOR MORE
The project would total 214,318 square feet, comprised of 209 apartments, 31,000 square feet of commercial space and 10,000 square feet of office space. CLICK ON THE HEADLINE FOR MORE
Construction is expected to begin early next year on the 102-acre site and the 300,000-square-foot first phase is on track to open for the holiday season of 2017. CLICK ON THE HEADLINE FOR MORE
The 65-acre development near Sawgrass Mills hopes to fuel construction with foreign money from the EB-5 visa investment program. CLICK ON THE HEADLINE FOR MORE
Reese Stigliano and Scott Brenner at Brenner Real Estate Group spent the last two years obtaining the development rights for an eight-story, 145-unit apartment building that will be built on the site. CLICK ON THE HEADLINE FOR MORE
Ron Meyerson of Melo Real Estate brokered the deal. CLICK ON THE HEADLINE FOR MORE
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