Altis Boca Raton is a six-story, 400,000-square-foot luxury rental development located at 5550 North Military Trail, just a couple miles from major interstate artery I-95. It is one of several communities under the Altís brand featuring resort-style amenities and high-touch services, which will serve as a standard for future projects. Meridian Capital Group’s Israel Schubert, David Cohen, Mordy Schwartz and Mark Krupenia, who are based out of the advisory firm’s Iselin, N.J., office, sourced and arranged the debt on behalf of Cardone’s firm, which raises money in a crowdfunding format from accredited and interested non-accredited investors, who then become partners in the real estate assets he purchases through the vehicle, according to marketing materials on the firm’s website detailing its strategy. Read 162 reviews of Altis Boca Raton in Boca Raton, FL to know before you lease. The site also includes amenities, such as an outdoor pool and entertainment area, with a chef’s kitchen, a spa and sauna, a steam room, an indoor plunge pool, a 24-hour fitness center and cycling room, a business center and a movie theater, among a variety of other offerings, as per its website. Altis Boca Raton is a 700 - 1,407 sqft apartment in Boca Raton in zip code 33431. Altis Boca Raton provides 1% more square footage than the average Boca Raton 1 bedroom apartment. Find 33434 recently sold home prices and other sales info from realtor.com®. While Meridian declined to name the lender, only identifying it as a “balance sheet lender,” Schubert previously represented Cardone Capital in sourcing $93.5 million in acquisition debt from NYCB in the summer 2019 to fund its buy of Nexus Sawgrass, a more than 500-unit development in Sunrise, Fla., that Cardone renamed 10X Living at Sawgrass. 5500 N MILITARY TRAIL BOCA RATON, FL 33496 800.575.0492 . Altman is also planning Altís communities in Miramar, Little Havana, Ludlum Trail and Vineland Pointe near Orlando. “Altís Boca Raton is probably one of the finest developments we have ever built in the 52-year history of the company and I am proud of what we built,” Joel Altman, chairman and CEO of The Altman Companies told SFBW. Men At Work Special Advertising Section Tags Men At Work Profile. Nearby cities include Highland Beach , Deerfield Beach , Hillsboro Beach , Lighthouse Point , and Parkland . 404 E Plaza Real Boca Raton, FL 33432. For more information, call 561-465-8856 or visit altisbocaraton.com. PGIM’s $75M Agency Loan Package Finances TruAmerica’s Buy of Two Rental Assets. Florida-based developer, builder and rental apartment manager The Altman Companies have announced the sale of Altís Boca Raton to a Miami-based real estate private equity fund. Altman is based in Florida and 50% owned by BBX Capital Real Estate. There was no indication of a general threat. BOCA RATON, FL (BocaNewsNow.com) — BocaNewsNow.com obtained the police report from Monday night’s incident at Altis Apartments — 5500 block of Military Trail in Boca Raton. Palm Beach County’s iconic Boca Raton Resort & Club has been sold for nearly a half-billion dollars. The asset comprises 398 residences that average just over 1,00 square feet in size and sport nine-foot-tall ceilings. The company's filing status is listed as Active and its File Number is L18000199200. Right next to the property is a 67,000-square-foot, grocery-anchored shopping center, a needs-based asset subtype within retail that hasn’t been labeled a serious victim of COVID-19. “Altís Boca Raton was a new high watermark for our company and the success that we had with the development will naturally have us incorporate many of the wonderful features in future developments,” Atlman told SFBW. Cushman & Wakefield, as exclusive advisor, is pleased to present an urban infill investment opportunity to acquire Altis Boca – South Florida’s premier 398-apartment home asset located in Boca Raton, Florida. Boca Chase and Boca Del Mar are nearby neighborhoods. Altis Boca Raton is asking 19% more than the average 1 bedroom apartment in Boca Raton. Nearby ZIP codes include 33416 and 33428. 800.575.0492. A new apartment project is under construction at 5700 North Military Trail in Boca Raton. “Altís Boca Raton is probably one of the finest developments we have ever built in the 52-year history of the company and I am proud of what we built,” Joel Altman, chairman and CEO of The Altman Companies told SFBW. 561-368-0080 maxsgrille.com. Experience life at 10X Living at Boca Raton. If you would like to change or expand your search criteria, go back to the main Boca Raton FL Real Estate page, or try using our Advanced Search. The bank did not immediately respond to an inquiry about the deal. Right next to the property is a 67,000-square-foot, grocery-anchored shopping center, a needs-based asset subtype within retail that hasn’t been labeled a serious victim of COVID-19. The Registered Agent on file for this company is Bcra, LLC and is located at Lynn Financial Center,1905 Corporate Blvd, Boca Raton, FL 33431. Here you can find listings and information for sold property in Boca Raton, FL 33486. were. Apologies, Instagram is experiencing problems and should be back soon. Estancia homes recently sold in Boca Raton FL. Welcome to our 360° virtual tour. , just a couple miles from major interstate artery I-95. Meridian’s connection to NYCB helped the pair structure a “competitive transaction that closed in just 30 days,” Schubert said in a statement. Experience a new dimension at 10X Living at Boca. The six-story, LEED-certified apartment community features spacious apartment homes with one- two- and three-bedroom units ranging in size between 740 – 1,399 square feet. OFFICE HOURS. And just around the corner from the property — at. 10X Living at Boca Raton Apartments for rent in Boca Raton, FL. , but it’s unclear whether Altis will be renamed as such. , a 700-acre, “park-like mixed-use” property with 28 acres of open green space, 29 acres of lakes and different waterways, 5.2 million square feet of office space and three, yet-to-be-built residential projects that will comprise more than 1,000 apartment units, according to information on the city’s website. The sale of Altman Companies’ Boca Raton apartment community bodes well for the profitability of its upcoming apartment projects. OBJECTIVE This mixed-use development included 64,000 SF of retail ground-up development as well as a new … There's, of course, the, According to the Real Deal, a total of 139 condos, Can you provide an overview of how the pandemic has, Stephen Garber: People, Passion and Profits, Thought Leadership: Century Risk Advisors, Prestigious Women Awards Honorees: Michelle Martinez Reyes, Prestigious Women Awards Honorees: Stephanie Toothaker. Start 360° Tour Full Screen. BBX Capital Real Estate and Altman Companies sold the 314-unit Altis at Bonterra apartment complex in Hialeah to AvalonBay Communities for $90 million. The site also includes amenities, such as an outdoor pool and entertainment area, with a chef’s kitchen, a spa and sauna, a steam room, an indoor plunge pool, a 24-hour fitness center and cycling room, a business center and a movie theater, among a variety of other offerings, as per its website. If you upsized to an average priced Boca Raton 2 bedroom apartment, you would pay 21% more per month. 9:00 AM. Altis Boca Raton is advantageously positioned less than two miles west of I-95 and overlooks the Broken Sound Golf Course. 300, Boca Raton, FL 33432 in Palm Beach County. Escape to a new reality created from vivid imagination; brand new 1, 2 and 3-bedroom apartment homes with a level of sophistication that once only existed in your dreams. This building is located in Boca Raton in Palm Beach County zip code 33496. Articles about Altis Boca Raton from Commercial Observer, New York’s authority on commercial real estate leasing, financing, deals and culture. The property’s monthly rents could not be gleaned from its website or from any online, third-party listing services. “We are so proud of the new high standard that we established with the development of Altís Boca Raton.”. 561-869-0030 vinowinebarboca.com. The 398-unit luxury midrise located at 5500 N. Military Trail, was developed in a joint venture with GID Real Estate Investments, a Massachusetts-based vertically integrated real estate developer, investor and operator. BOCA RATON, Fla. — Police along with the SWAT Team were at the scene of a domestic dispute in Boca Raton Monday evening. 26.3979-80.1210 Altis Boca Raton 10x-living-at-boca-raton 5500 N Military Trail Boca Raton FL 33496 1843.00 4316.00. A- epIQ Rating. Altis is located north of Yamato Road and just south Clint Moore Road and directly below Office Depot’s corporate headquarters. Max’s Grille. Zestimate® Home Value Experience a new dimension at Altis Boca Raton. Altis, coupled with Park Place, is an engaging mixed-use space that was designed to combine a true live, work, play experience in the heart of Boca Raton. The asset comprises 398 residences that average just over 1,00 square feet in size and sport nine-foot-tall ceilings. Altis Boca Raton is located at 5500 N.Military Trail, Boca Raton. He has been investing in the multifamily space since the mid-1990s. Altis Boca Raton is a six-story, 400,000-square-foot luxury rental development located at 5550 North Military Trail, just a couple miles from major interstate artery I-95. One of our courteous leasing representatives will be in touch shortly with more information. Read the latest edition of the Commercial Observer online! January 29, 2018. The 398-unit community was developed in a joint venture with GID Real Estate Investments, a Massachusetts-based vertically integrated real estate developer, investor and operator. Find the best-rated apartments in Boca Raton, FL. The property is adjacent to the Park Place shopping center, containing 67,000 square feet of retail anchored by a Fresh Market, and is situated within the Park at Broken Sound, consisting of over eight million square feet of office and industrial space. 563 were here. If there is a true criminal act, it will be reported when details are available. New York Community Bank (NYCB) funded the loan, which includes interest-only payments of 2.89 percent across the whole of its seven-year term, according to sources with knowledge of the transaction. Altis Boca Raton. Boca Raton, FL 33434 sold properties. has nabbed $105 million in acquisition debt to fund its purchase of luxury rental development. Altis Boca Raton. And just around the corner from the property — at 5100 Broken Sound Boulevard Northwest — is The Park at Broken Sound, a 700-acre, “park-like mixed-use” property with 28 acres of open green space, 29 acres of lakes and different waterways, 5.2 million square feet of office space and three, yet-to-be-built residential projects that will comprise more than 1,000 apartment units, according to information on the city’s website. The midrise apartment community located at 5500 N. Military Trail is LEED-certified and offers one- two- and three-bedroom units ranging in size between 740 and 1,399 square feet. Thank you for inquiring about Altis Boca Raton. Boca Raton Police told us hours ago that this is a domestic incident. “Over the past 50 plus years, we’ve developed and assembled a portfolio of apartment communities that have redefined the exceptional living experience in Florida and across the country,” Altman said in a release about the sale. There are currently 20 MLS Listings in the search: Estancia | Homes sold in Boca Raton, FL.Click on a listing to the view property details, photos and agent comments. Altis Boca Raton LLC, now owned by Cardone Capital, also obtained a $105 million mortgage from New York Community Bank at a 2.89% interest rate. Other Altís communities include Altís Pembroke Gardens, Altís Shingle Creek in Kissimmee, Altís Wiregrass Ranch in Wesley Chapel, Altís Promenade in Lutz, Altís Grand Central in Tampa and Altís Grand at The Preserve in Northwest Tampa. 100% Tile Apartment Homes * 24-hr Air Conditioned Luxor Package Room; Active Courtyard with Fire Pit, 9 Hole Putting Green, Lounge; Air Conditioned Storage Units available Meridian’s connection to NYCB helped the pair structure a “competitive transaction that closed in just 30 days,” Schubert said in a statement. Miami, Dec. 10, 2020 (GLOBE NEWSWIRE) -- Real estate investment firm, Cardone Capital LLC, announces their acquisition of Altis Boca Raton, a 398-unit Class A … Boca Raton, Boynton Beach, and Delray Beach are nearby cities. While Meridian declined to name the lender, only identifying it as a “balance sheet lender,” Schubert previously represented Cardone Capital in, sourcing $93.5 million in acquisition debt, from NYCB in the summer 2019 to fund its buy of, , a more than 500-unit development in Sunrise, Fla., that Cardone renamed, “10X” is an homage to his brand, the 10X Rule, an idea he’s detailed in one of his self-help books on entrepreneurship that believes “success stems from working ten times harder than anyone else and displaying a ‘domination mentality. They range from 700 square feet with one bedroom to 1,407 square feet … Cardone, himself, is an investment manager, author, motivational speaker and social media personality, with millions of followers across multiple platforms. Altis Lh - Miami Holding, LLC is a Florida Domestic Limited-Liability Company filed on August 20, 2018. Altís Boca Raton is a 398-unit, ultra-luxe midrise apartment community in Boca Raton, located at 5500 N. Military Trail, on the East side of Military Trail, just North of Yamato Road. The company is a Florida Domestic Limited-Liability Company, which was filed on March 2, 2020. Altis Boca Raton is a six-story, 400,000-square-foot luxury rental development located at. This community has a 1 - 3 bedroom, 1 - 2 bathroom, and is for rent for $1,771 - $4,316. Arte at Surfside is making waves. Located at 5500 N. Military Trail, Altis Boca Raton has 400 apartments in six stories. Vino Wine Bar & Italian Tapas. About Altis Boca Raton. “10X” is an homage to his brand, the 10X Rule, an idea he’s detailed in one of his self-help books on entrepreneurship that believes “success stems from working ten times harder than anyone else and displaying a ‘domination mentality. '” Cardone Capital has multiple 10X-branded properties, but it’s unclear whether Altis will be renamed as such. , who are based out of the advisory firm’s Iselin, N.J., office, sourced and arranged the debt on behalf of Cardone’s firm, which raises money in a crowdfunding format from accredited and interested non-accredited investors, who then become partners in the real estate assets he purchases through the vehicle, according to marketing materials on the firm’s website detailing its strategy. The Altman Companies, which builds, develops and manages rental apartment communities recently sold Altís Boca Raton to a Miami-based real estate private equity fund. The property is comprised in a 6-story midrise design with a combined average unit size of 1,005 square feet. The address on file for this person is 1515 S. Federal Highway, Ste. View prices, photos, virtual tours, floor plans, amenities, pet policies, rent specials, property details and availability for apartments at 10X Living at Boca Raton Apartments on ForRent.com. (NYCB) funded the loan, which includes interest-only payments of 2.89 percent across the whole of its seven-year term, according to sources with knowledge of the transaction. About 10X Living at Boca Raton. '” Cardone Capital has. Altis Ludlam is listed as a Manager with Altis Ludlam - Miami Ventures, LLC in Florida. The property is 603,177 sq ft and is a registered LEED property. The asset comprises 398 residences that average just over 1,00 square feet in size and sport nine-foot-tall ceilings. “Altís Boca Raton will always be that special gem and this sale was a smashing success for us and our partners.”. 114 NE 2nd Street Boca Raton, FL 33432. Altis Boca Raton - 360 Virtual Tour The Altman Companies, which builds, develops and manages rental apartment communities recently sold Altís Boca Raton to a Miami-based real estate private equity fund. Billionaire Michael Dell paid $461.6 million for the waterfront 1,047-room Boca Raton Resort & Club in one of the largest hotel sales in South Florida in recent years. Grant Cardone’s investment firm Cardone Capital has nabbed $105 million in acquisition debt to fund its purchase of luxury rental development Altis Boca Raton, Commercial Observer has learned. He’s also going to be featured on season two of an upcoming series on Discovery Channel called “Undercover Billionaire 2.” Cardone manages around 8,673 multifamily units valued at close to $2 billion, either individually or through his firm, Cardone Capital, as per the company’s website. 33486 recently sold homes are on realtor.com®. Altis Boca Raton The Altman Companies The Altman Companies , a Florida-based nationally recognized developer, builder, and manager of exceptional rental apartment communities, has announced the sale of Altís Boca Raton, located in Boca Raton, Florida, to a Miami, Fla., based real estate private equity fund. Escape to a new reality created from vivid imagination; brand new 1, 2 and 3-bedroom apartment homes with a level of sophistication that once only existed in your dreams. 5500 N MILITARY TRAIL BOCA RATON, FL 33496. This building is located North of Yamato Road and just around the corner the. ” Cardone Capital has multiple 10X-branded properties, but it ’ s monthly rents not... $ 90 million 5700 North Military Trail Boca Raton provides 1 % more month. Debt to fund its purchase of luxury rental development for the profitability of its apartment. Apartments in six stories Highland Beach, Hillsboro Beach, Lighthouse Point, and is a true criminal act it. 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