Major deal on the move - S. Florida Business & Wealth
Main Navigation
Sections
Social Media Connect
Our Other Brands
  • Lifestyle Media Group Logo
South Florida Business and Wealth
South Florida Business & Wealth
Banking & Financial Advice

Major deal on the move

| Andrea Richard

[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]

You May Also Like
Smiling man wearing a navy blue suit jacket over a white dress shirt, standing against a plain white background. South Florida Business & Wealth
A man with short light brown hair, a trimmed beard, and glasses is wearing a blue suit, a white shirt, and a blue patterned tie. He is smiling and posed against a light blue background. South Florida Business & Wealth
A woman in a gold patterned suit stands smiling in front of a wall with martini glass designs. The magazine cover reads, "Charitable: Guide to Giving & Gratitude" and "Inspired to Make a Difference. South Florida Business & Wealth
Introducing Charitable
June 16, 2026
Sliced medium-rare steak with a charred crust, topped with coarse sea salt, served on a dark plate with a garnish of greens and a roasted tomato. South Florida Business & Wealth
More Banking & Financial Advice Posts
Aging, Care, and the Cost of Waiting Too Long
 |  Jessica Graves

Attorney Heidi Friedman on VA benefits, Medicaid rules, and why early planning can prevent costly mistakes

Read More
A smiling professional woman sits at a desk with an older couple, discussing paperwork. Documents labelled "Medicaid," "Long-Term Care," and "VA Benefits" are on the table. A marina is visible through the large window behind them. South Florida Business & Wealth
The City Emerging as a National Career Powerhouse
 |  SFBW Staff

Boca Raton Ranks #14 Nationwide as One of CoworkingCafe’s Top Career Hotspots

Read More
A cityscape of Boca Raton, FL at sunset with a badge stating “#14 Top 20 Career Hotspots” and text reading “Top 200 Career Hotspots, #14 Nationwide, Boca Raton, FL, CoworkingCafe.”. South Florida Business & Wealth
Elevating South Florida’s Financial Leadership
 |  SFBW Staff

Strategic Partnership Unites SFBW and Florida International Funds Organization

Read More
Two puzzle pieces with "SFBW" and "FIFO" logos fit together in front of a city skyline at sunset, with financial chart graphics and an upward arrow overlaying the sky. South Florida Business & Wealth
Fifth Third Completes Comerica Merger
 |  SFBW Staff

The $294 billion institution brings expanded scale, deeper middle-market strength, and a coast-to-coast growth strategy with major implications for high-growth Sun Belt markets.

Read More
Other Posts
Sales Begin at 619 Brickell by Nobu, Foster + Partners
 |  SFBW Staff

13th Floor Investments and Key International today announce the official launch of sales for 619 Brickell by Nobu · Foster + Partners, marking Nobu’s first-ever residential project in Miami. The

Read More
Luxury infinity pool and hot tub on a modern terrace overlooking the ocean, surrounded by lush plants and contemporary architecture, with a glass railing and a clear sky at sunset. South Florida Business & Wealth
Berkadia Arranges Construction Loan for Coral Gables Condo
 |  SFBW Staff

Berkadia, a leader in the commercial real estate sector, announced today that it arranged $100 million in construction financing for Alhambra Parc, an eight-story luxury mixed-use condominium development with 74

Read More
Street view of a modern, multi-story luxury apartment building with palm trees, large entrance, decorative facade, and retail shops. People walk by, and two cars are parked on the street in front of the building. South Florida Business & Wealth
Duty, Leadership, and the Long View 
 |  SFBW Staff

 A veteran physician reflects on leadership, responsibility, and patient care beyond the clinic.  Atif M. Hussein, M.D., Medical Director and Program Director of the Hematology/Oncology Fellowship Program at Memorial Cancer

Read More
A smiling man in a white doctor’s coat and navy blue tie stands against a light background. The coat has embroidered text and a heart logo on the chest. South Florida Business & Wealth
All Flights Cancelled 
 |  Laine Doss

Spirit Airlines ceased all operations on May 2nd. What comes next?  For 34 years, Spirit was one of air travel’s most talked-about airlines. Known for budget flights with few included

Read More
Close-up view of a modern jet engine turbine attached to a yellow airplane, parked on an airport tarmac under a blue sky. South Florida Business & Wealth