fbpx

Major deal on the move

[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

Blue Sea Capital Named a 2023 Founder Friendly Investor by Inc

The private equity firm is based in West Palm Beach.

Amerant Bank Becomes Official Sponsor of Inaugural Florida Beach Bowl

The Miami-based institution is the largest community bank headquartered in Florida.

Why Florida Persists as a Ponzi Scheme Paradise

High-stakes litigator Jeff Schneider weighs in on how South Floridians can stay ahead of fraudsters in 2023 and beyond.

Economist Tom Jalics: Take What the Market Is Giving You

That’s the message from the senior vice president, managing director and chief investment strategist at Fifth Third Private Bank.

Other Posts

Rene Ruiz Collection in Miami Marks 30 Years in Fashion Industry

Its Coral Gables location is open and accepting appointments.

28th Annual Miami Make-A-Wish Ball Attracts A-List Celebrities

Former Miami Heat player and Basketball Hall of Famer Alonzo Mourning was among the nearly 1,000 guests.

What Makes This Pair of Dentists Smile

On the road with Tom McCawley and his son Mark.

Tiffany Gonzalez Brings Unique Creativity to Balloons Galore and More

The company offers services in the West Palm, Broward and Miami areas.

Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.