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Two Firms Form Real Estate Services Company

PALM BEACH, FL-Altima International Inc. and Citi Properties Inc. formed Altima International Properties Inc., based here, which will serve developers' acquisition and marketing needs. Altima International Properties will serve West Palm Beach and the surrounding area.

By Melissa Bogdany | Updated on December 11, 2003

PALM BEACH, FL-Altima International Inc. and Citi Properties Inc. have formed a joint venture called Altima International Properties Inc., a real estate development services firm aimed at providing one-stop shopping for developers’ acquisition and marketing needs.

Altima International Properties will serve West Palm Beach and the nearby area. The firm will offer services such as assisting with land acquisition for development, identifying market demand, advising on all the phases of development planning, and marketing and selling projects.

The joint venture is a move to benefit from Palm Beach County’s rapidly growing developer base, particularly in Downtown West Palm Beach and nearby areas, as developers are building luxury condominium projects, residential communities and other real estate projects. “West Palm Beach is truly experiencing a gold rush, with that gold being land that is becoming scarcer by the day,” Maribel Alvarez, president of Altima International Inc., says in a statement. “Developers looking to make inroads into local markets are continually requesting that we assist more and more in the whole development process, so it makes sense to bring everything under one roof to service all of their needs.”

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