AvalonBay Communities, Inc. acquired Altis Miramar and Altra Miramar Multifamily Apartment Community Located in Miramar, Florida from The Altman Companies Inc., BBX Capital Real Estate Corp. and Rockpoint Group, L.L.C. for $300 million.
August 01, 2022
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AvalonBay Communities, Inc. (NYSE:AVB) acquired Altis Miramar and Altra Miramar Multifamily Apartment Community Located in Miramar, Florida from The Altman Companies Inc., BBX Capital Real Estate Corp. and Rockpoint Group, L.L.C. for $300 million on August 2, 2022. BBX Capital Real Estate received a net cash distribution of approximately $16.4 million from the joint venture.
AvalonBay Communities, Inc. (NYSE:AVB) completed the acquisition of Altis Miramar and Altra Miramar Multifamily Apartment Community Located in Miramar, Florida from The Altman Companies Inc., BBX Capital Real Estate Corp. and Rockpoint Group, L.L.C. on August 2, 2022.
AvalonBay Communities, Inc. is a real estate investment trust specialized in the development, acquisition, ownership and operation of apartment communities in high barrier-to-entry markets of the United States.
At the end of January 2024, the group owned 279 operating apartment communities containing 83 655 apartment homes, of which 19 communities with 6,539 apartment homes were under development.
AvalonBay Communities, Inc. acquired Altis Miramar and Altra Miramar Multifamily Apartment Community Located in Miramar, Florida from The Altman Companies Inc., BBX Capital Real Estate Corp. and Rockpoint Group, L.L.C. for $300 million.
AVALONBAY COMMUNITIES, INC. 
