[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column width=”2/3″][vc_column_text]
BBX Capital Real Estate, a division of BBX Capital, has entered an agreement to acquire a 50 percent membership interest in The Altman Companies for $22.7 million. The deal includes Altman Development Co., Altman-Glenewinkel Construction, Altman Management Co. and interests in eight multifamily real estate developments. The deal envisions BBX acquiring the other half of the company in the future for $11.8 million. CEO Joel Altman, who was profiled in a recent SFBW cover story, will continue as CEO
[/vc_column_text][/vc_column][vc_column width=”1/3″][/vc_column][/vc_row]
