Thursday, February 5, 2015

The Altman Companies Sells Four Florida Apartment Communities for More Than $223 Million

Joel Altman
BOCA RATON, FL – The Altman Companies, a nationally recognized, vertically integrated development, construction and management company of luxury apartment communities, recently sold four of its Altis-branded developments to four different buyers for a combined price of approximately $223.25 million.

Three of the properties are located in South Florida, the company’s home market, and one in the Tampa Bay area.

“We are proud of all the developments, as well as the great quality and value our buyers received,” said Joel Altman, chairman of The Altman Companies. “The multi-family market remains strong and we expect another great year in 2015.”

The Altman Companies currently has 1,229 units under construction in Florida and an additional 1,292 units in the pipeline for 2015 starts. All of the properties are Class A and highly amenitized, offering residents an “Exceptional Living Experience.”

For a complete copy of the company’s news release, please contact:

Ashley Fierman,
(954) 370-8999

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