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| 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:
Todd Templin, ttemplin@boardroompr.com
Ashley Fierman, afierman@boardroompr.com
(954) 370-8999
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