Altman

On Wednesday, during Day 1 of IMN's Florida Middle-Market #Multifamily Forum, #AltmanLiving's Chief Strategy Officer Tim Peterson participated in one of its panels. He shared insights into the strategy behind how the company secures financing for its developments in today's environment, reporting requirements for investors, and experience-driven advice for new entrants into the multifamily space looking to structure a joint venture.

We are excited to announce the successful closing of $31.9 million in construction debt financing and the upcoming start of construction for the development of Apex Logistics Park at Signature Grand by a joint venture between Altman Logistics Properties and FRP Development Corp. The financing is being provided by Synovus and the JLL Miami Capital Markets team led by Melissa R., Michael DiCosimo, and Val McWilliams assisted with securing the financing on behalf of the joint venture. “As South Florida’s industrial sector continues to see strong demand, securing the financing for Apex Logistics Park at Signature Grand puts us one step closer to our goal of delivering modern, well-located and efficient logistics space to the product-constrained Southeast Broward submarket,” said Mark G. Levy, President of Altman Logistics Properties. “We are excited to begin construction on this state-of-the-art facility designed to meet the growing needs of businesses in the region and we look forward to contributing to the economic growth of Davie and the broader South Florida region.” Read more via the South Florida Business Journal: https://bit.ly/4izM0sK

We are excited to announce the successful closing of $16 million in construction debt financing for the development of Apex Logistics?at?Lakeland in Lakeland, Florida, led by a joint venture between #AltmanLogisticsProperties and Frp Development Corp Strategically positioned north of I-4 and just across State Road 33 from an Amazon fulfillment center, this park targets last-mile delivery tenants, providing a prime location halfway between Tampa and Orlando. Sitework on the new infill logistics warehouse development is expected to commence in the first quarter with plans to go vertical later this fall and a projected substantial completion slated for February 2026. Apex Logistics at Lakeland will feature approximately 213,500 square feet of Class A logistics space across 22.5 acres replacing a recently demolished single-story office building. The financing is being provided by Seacoast Bank. The JLL Capital Markets team of Melissa R., Michael DiCosimo, and Val McWilliams assisted with the financing on behalf of the joint venture. “With financing now secured, we are excited to begin construction on our first Class A industrial development in Central Florida,” said Mark G. Levy, President of Altman Logistics Properties. “Apex Logistics at Lakeland reinforces our commitment of delivering state-of-the-art logistics developments in strategic locations that benefit the area’s surrounding population. Designed for flexibility, it will serve tenants seeking a centralized last-mile distribution hub along the I-4 Corridor.” Read more via the Business Observer: https://bit.ly/41D9OEQ

#AltmanLiving has unveiled the second phase of Altis Grand Lake Willis in Orlando's O-Town West, adding 230 units to the existing 329. This expansion enhances the community’s resort-style living experience with an array of outdoor amenities, including a second heated saltwater pool with a sun shelf, lounge seating, and a water feature for ultimate relaxation. Residents can also enjoy a grilling area, an outdoor entertainment zone with TVs and ping pong, a cozy fire pit area, and a lush community grove with fruit-bearing trees. Indoor amenities elevate the lifestyle experience with a 24/7 HIIT-inspired fitness center featuring interactive workouts, a stylish resident lounge with a bar and movie projector, a fully equipped content creation and podcast studio, and a cyber café with a Starbucks coffee bar. Additionally, pet owners will appreciate Paws, the community’s gated, off-leash pet park. Located near major attractions such as Walt Disney World and Universal Orlando Resort, Altis Grand Lake Willis offers both luxury and convenience. Read more: https://bit.ly/4aLdadh

Things are looking up at Apex Logistics Park in Delray Beach, #Florida! Construction on the approximately 200,000 SF #ClassA logistics development has officially gone #vertical. Available for occupancy in Q3 2025 with direct access and frontage on US 441, as the first of three warehouses, this milestone marks the beginning of state-of-the-art facilities designed to elevate logistics capabilities and drive business growth in the region. Stay tuned for more updates on construction of as we continue building the future of logistics across Florida and the Southeastern US.

We are excited to announce the successful closing of $22 million in construction financing for the development of Apex Logistics at Parsippany in Parsippany, New Jersey. Led by a joint venture between Altman Logistics Properties, the family office Renard Investments Group, and DHS Real Estate Investment Management B.V., the financing is being provided by Truist with assistance from the Cushman & Wakefield team of?John Alascio?and TJ Sullivan. “Our ability to secure the successful and timely financing for the construction of Apex Logistics at Parsippany underscores the demand for new modern, sustainable and efficient logistics space in the New Jersey market,” said Mark G. Levy,?President of Altman Logistics Properties. “We are optimistic that the delivery of Apex Logistics at Parsippany will help meet demand for infill logistics product in one of the region’s most land constrained markets.”

Tim Peterson, Chief Strategy Officer at #AltmanLiving discusses how successful branding of new multifamily properties should focus on storytelling. By emphasizing location, target audience, and community-building, brands create emotional connections with potential residents. ? “Beyond location, there should be a strategic approach as the Altis name is built on the consistent delivery of a superior living experience. From thoughtful layouts to resort-style amenities like world-class gyms, spa treatment rooms, and Fetch package services, every detail is curated to ensure residents feel confident they’ve chosen a community designed for their comfort and convenience. The result is a brand that makes decision-making easier for our residents and becomes a benchmark of quality.” ? Read the full article MFE Magazine: https://bit.ly/3PRUAXc

Tim Peterson, Chief Strategy Officer of #AltmanLiving, recently spoke with Laura Kinsler of?the Orlando Sentinel's?business and real estate focused sister publication, GrowthSpotter?about Altman's activity in the #CentralFlorida region and his outlook for the region's multifamily market. Read the full article: https://bit.ly/3PTeJMx

Altís Grand Kendall’s Artist-in-Residence Program was recently spotlighted in Art Miami Magazine, featuring internationally acclaimed pop artist Hector Prado. Over the next year, Hector will have the opportunity to practice and perfect his craft, showcase his art within the community, and connect with residents through monthly creative activities and experiences. ? This innovative program uniquely blends art and community, offering talented artists the space and resources to refine their work while fostering engagement through workshops and events. ? Read more: https://bit.ly/3Wrh8Su

On a recent episode of Beyond the Resume, co-hosts Chris Papa and Lisa Flicker sat down with #AltmanLogisticsProperties Advisory Board Member and industrial real estate veteran, Michael Nachamkin. Michael shares his unique journey from studying music to building a successful career in real estate investment. He also dives into the evolution of the industrial real estate sector, explores current market trends, and discusses the challenges of modern development. Listen to the entire episode: https://apple.co/3W8tNJI