Deme Mekras

MIAMI—Multifamily brokerage expert Deme Mekras is taking the helm at Franklin Street‘s new Miami office. Mekras comes on board as regional managing partner to head the new office.

“The South Florida market has made big strides this past year and we needed a strong leader to establish our presence and build a solid team for future growth,” says Danny York, COO at Franklin Street. “Deme’s outstanding sales records and his understanding of the South Florida market—not just in multifamily but in many industries—gives him the ability to deliver extra value and targeted solutions to clients.”

Mekras brings more than 10 years of commercial real estate experience in the South Florida market to bear on his new role at Franklin Street. He has closed more than $295 million during the span of his career.

Mekras comes to Franklin Street from Marcus & Millichap, where he served as vice president of Investments. While there, he earned a number of sales recognition awards and was consistently a top earner in the firm’s Miami office. M&M could not immediately be reached for comment.

“Miami has unquestionably established itself as a global market with broad international appeal,” says Mekras. “Multifamily in South Florida has rebounded almost completely to pre-recessional levels, creating a great place to do business.”

Mekras will be leading a South Florida investment sales team including Elliot Shainberg, a senior director who also worked with Mekras at M&M’s Miami office, and David Reinke, Investment Associate.