Joel Altman, chairman and CEO of The Altman Cos., left, and Seth Wise, president of BBX Capital Real Estate/courtesy photos
A $22.7 million deal is the first of three steps for BBX Capital Real Estate to acquire multifamily developer The Altman Cos.
October 30, 2018 at 12:19 PM
1 minute read
South Florida real estate reporter
BBX Capital Real Estate is buying a half interest in The Altman Cos. development company as a first step in a full takeover.
BBX Capital Real Estate, a division of publicly traded BBX Capital Corp. based in Fort Lauderdale, is paying $22.7 million for 50 percent of Altman Cos., the Boca Raton-based multifamily developer that also has built condominiums and townhouses. This deal is set to close by year’s end.
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