MIAMI—Altman Companies just sold four of its Altis-branded multifamily developments for $223 million. The apartment complexes—three of which are in South Florida and one in Tampa, FL—sold to four different buyers.

All told, the multifamily assets include 1,094 units in stabilized assets. Each multifamily community offers one-, two- and three-bedroom garden apartments in suburban neighborhoods that boast consistent rent growth and strong absorption.

“The multifamily market remains strong and we expect another great year in 2015,” says Joel Altman, chairman of Altman. The firm has 1,229 multifamily units under construction in Florida and another 1,292 units in the pipeline for 2015 starts.

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