Bay Harbor Towers Fetches $32 Million
The sale price equates to $1,066,667 per existing unit.
The sale price equates to $1,066,667 per existing unit.
Together, they’ve closed more than $500 million in deals in South Florida. CLICK ON THE HEADLINE FOR MORE
Franklin Street’s Deme Mekras and Elliot Shainberg represented the buyers and sellers in each deal. CLICK ON THE HEADLIINE FOR MORE
The property took less than 30 days from market to contract and about 60 days from contract to close. CLICK ON THE HEADLINE FOR MORE
In addition to his position as vice president/regional managerof the Fort Lauderdale office, he also held that same position in Orlando, was a first vice president of investments, senior associate and director of the national retail group and multifamily housing group. CLICK ON THE HEADLINE FOR MORE
Once an investment playground for local and regional players, the market is beginning to see more foreign dollars. CLICK ON THE HEADLINE FOR MORE
The deal involved the last four-story, mid-rise waterfront rental building within a two-mile radius that was not converted to condominium during the last boom. CLICK ON THE HEADLINE FOR MORE
Franklin also has offices in Atlanta and Jacksonville with plans to grow into other southeast U.S. markets this year. CLICK ON THE HEADLINE FOR MORE
Deme Mekras, Elliot Shainberg, and David Reinke, all of Franklin Street Real Estate Services, represented the seller. CLICK ON THE HEADLINE FOR MORE
The buyers of the three different apartment communities are all foreign investors. CLICK ON THE HEADLINE FOR MORE
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