The Altman Companies Announces Sale of Altís Pembroke Gardens Apartment Community Located in Pembroke Pines, Florida

FORT LAUDERDALE, Fl - The Altman Companies, a nationally recognized developer, builder and manager of exceptional rental apartment communities, announced the completion of the sale of Altís Pembroke Gardens community, located in Pembroke Pines, FL, to Massachusetts-based GID Real Estate Investments who was our equity partner in the development.

"We are thrilled to complete the sale of Altís Pembroke Pines to GID,” said Joel Altman, Chairman and co-CEO of The Altman Companies.  “GID is a vertically-integrated real estate developer, investor and operator with over six decades of experience.”

“GID has been a terrific partner and we are thrilled that they appreciate the quality of the community we created and want to own it long term,” said Seth Wise, co-CEO of The Altman Companies. 

Altís Pembroke Gardens features spacious one, two, and three-bedroom apartment homes with chef-quality kitchens, designer porcelain tile flooring, and spa-inspired baths. Residents of Altís Pembroke Gardens enjoy Class-A amenities including a heated saltwater pool, a spa lounge and meditation garden, and an Ultra-Luxe Theater with lounge-style seating, a projection style movie screen and an adjoining lounge with a social bar and wine cooler. 

“Altís Pembroke Gardens is an exceptional apartment property and we are thrilled to add it to our long-term hold portfolio. This development was the first of two developments we have joint ventured with The Altman Companies,” said Robert DeWitt, vice chairman of GID. “Their development vision and attention to detail are as good as there is in the apartment development community and as a result, we look forward to working with them on many more apartment communities.”

The 280-unit ultraluxe apartment community, located at 500 SW 145th Ave, is just steps away from the best entertainment, dining and shopping spots in town including the popular Shops of Pembroke Gardens.

Altís Pembroke Gardens is a pet-friendly community, with an indoor dog spa dedicated for pet grooming, neighborhood walking paths and a dog park.

To learn more about Altís Pembroke Pines, visit www.altispembrokegardens.com

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