Altman is also planning Altís communities in Miramar, Little Havana, Ludlum Trail and Vineland Pointe near Orlando. “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. If there is a true criminal act, it will be reported when details are available. Altis Boca Raton is asking 19% more than the average 1 bedroom apartment in Boca Raton. , 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. “We are so proud of the new high standard that we established with the development of Altís Boca Raton.”. 800.575.0492. A- epIQ Rating. Boca Raton, FL 33434 sold properties. 33486 recently sold homes are on realtor.com®. 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. 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. 563 were here. has nabbed $105 million in acquisition debt to fund its purchase of luxury rental development. OBJECTIVE This mixed-use development included 64,000 SF of retail ground-up development as well as a new … And just around the corner from the property — at. (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. 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. 10X Living at Boca Raton Apartments for rent in Boca Raton, FL. Vino Wine Bar & Italian Tapas. “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. The address on file for this person is 1515 S. Federal Highway, Ste. 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. Located at 5500 N. Military Trail, Altis Boca Raton has 400 apartments in six stories. Read 162 reviews of Altis Boca Raton in Boca Raton, FL to know before you lease. Cardone, himself, is an investment manager, author, motivational speaker and social media personality, with millions of followers across multiple platforms. Men At Work Special Advertising Section Tags Men At Work Profile. Welcome to our 360° virtual tour. 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. 26.3979-80.1210 Altis Boca Raton 10x-living-at-boca-raton 5500 N Military Trail Boca Raton FL 33496 1843.00 4316.00. 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. 9:00 AM. were. Boca Raton, Boynton Beach, and Delray Beach are nearby cities. The asset comprises 398 residences that average just over 1,00 square feet in size and sport nine-foot-tall ceilings. If you upsized to an average priced Boca Raton 2 bedroom apartment, you would pay 21% more per month. Boca Raton Police told us hours ago that this is a domestic incident. He has been investing in the multifamily space since the mid-1990s. 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. 5500 N MILITARY TRAIL BOCA RATON, FL 33496 800.575.0492 . 300, Boca Raton, FL 33432 in Palm Beach County. Altis Boca Raton is located at 5500 N.Military Trail, Boca Raton. 5500 N MILITARY TRAIL BOCA RATON, FL 33496. 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. Altis Lh - Miami Holding, LLC is a Florida Domestic Limited-Liability Company filed on August 20, 2018. , 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. OFFICE HOURS. 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. Nearby ZIP codes include 33416 and 33428. The company is a Florida Domestic Limited-Liability Company, which was filed on March 2, 2020. Apologies, Instagram is experiencing problems and should be back soon. 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. 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. 404 E Plaza Real Boca Raton, FL 33432. 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. 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. Find 33434 recently sold home prices and other sales info from realtor.com®. Altis Boca Raton provides 1% more square footage than the average Boca Raton 1 bedroom apartment. BBX Capital Real Estate and Altman Companies sold the 314-unit Altis at Bonterra apartment complex in Hialeah to AvalonBay Communities for $90 million. Articles about Altis Boca Raton from Commercial Observer, New York’s authority on commercial real estate leasing, financing, deals and culture. 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. 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 , but it’s unclear whether Altis will be renamed as such. The property is 603,177 sq ft and is a registered LEED property. 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. There was no indication of a general threat. Start 360° Tour Full Screen. 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. 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. One of our courteous leasing representatives will be in touch shortly with more information. The property is comprised in a 6-story midrise design with a combined average unit size of 1,005 square feet. Find the best-rated apartments in Boca Raton, FL. 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. This community has a 1 - 3 bedroom, 1 - 2 bathroom, and is for rent for $1,771 - $4,316. 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. “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. 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. 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. The property’s monthly rents could not be gleaned from its website or from any online, third-party listing services. 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 … This building is located in Boca Raton in Palm Beach County zip code 33496. 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. PGIM’s $75M Agency Loan Package Finances TruAmerica’s Buy of Two Rental Assets. 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. Read the latest edition of the Commercial Observer online! BOCA RATON, Fla. — Police along with the SWAT Team were at the scene of a domestic dispute in Boca Raton Monday evening. 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. The bank did not immediately respond to an inquiry about the deal. Nearby cities include Highland Beach , Deerfield Beach , Hillsboro Beach , Lighthouse Point , and Parkland . Max’s Grille. Altis Boca Raton is advantageously positioned less than two miles west of I-95 and overlooks the Broken Sound Golf Course. The asset comprises 398 residences that average just over 1,00 square feet in size and sport nine-foot-tall ceilings. About Altis Boca Raton. Experience a new dimension at 10X Living at Boca. 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. “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. 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. “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. 561-869-0030 vinowinebarboca.com. 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. , 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. Altis Ludlam is listed as a Manager with Altis Ludlam - Miami Ventures, LLC in Florida. Arte at Surfside is making waves. Palm Beach County’s iconic Boca Raton Resort & Club has been sold for nearly a half-billion dollars. 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. About 10X Living at Boca Raton. Meridian’s connection to NYCB helped the pair structure a “competitive transaction that closed in just 30 days,” Schubert said in a statement. 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. 561-368-0080 maxsgrille.com. Here you can find listings and information for sold property in Boca Raton, FL 33486. Altis Boca Raton - 360 Virtual Tour The sale of Altman Companies’ Boca Raton apartment community bodes well for the profitability of its upcoming apartment projects. 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. For more information, call 561-465-8856 or visit altisbocaraton.com. 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. “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. 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. '” Cardone Capital has multiple 10X-branded properties, but it’s unclear whether Altis will be renamed as such. '” Cardone Capital has. A new apartment project is under construction at 5700 North Military Trail in Boca Raton. Altman is based in Florida and 50% owned by BBX Capital Real Estate. Altis Boca Raton. Zestimate® Home Value Experience a new dimension at Altis Boca Raton. Altis Boca Raton is a six-story, 400,000-square-foot luxury rental development located at. Thank you for inquiring about Altis Boca Raton. Estancia homes recently sold in Boca Raton FL. 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. Altis Boca Raton. 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. Boca Chase and Boca Del Mar are nearby neighborhoods. 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. Experience life at 10X Living at Boca Raton. 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. 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