SHERMAN OAKS, CA, December 22, 2017— IMT Residential, a leading nationwide apartment operator, together with its affiliate IMT Capital, LLC, a private real estate investment and management company, announced the acquisition of a multifamily apartment community located in Altamonte Springs, FL.
IMT Maitland Pointe Apartments is a luxurious apartment community strategically located in the Gateway Drive neighborhood of Altamonte Springs. Orlando is just a short drive away for residents with the I-4 and I-65 being in close proximity. Continuing IMT’s standard of excellence in residential living, each of IMT Maitland Pointe Apartments’ 392 studio, one, two, and three bedroom apartment homes feature a wide range of amenities including spacious walk-in closets, nine-foot ceilings, and many more distinctive designer touches throughout. Community amenities include a resort-style pool and open air cabanas, a large sundeck with lake views, a pet park, and a 24-hour fitness center.
“We are excited to continue expansion of our portfolio in Florida with the addition of our property in Altamonte Springs. The Altamonte Springs neighborhood is an ideal location for us, and one that will see continuous rent growth in the next few years,” said Joseph Elhabr, Vice President, IMT Residential. IMT will implement its professional and strategic managing techniques to ensure steady and continual growth and maintain superior service to its residents.
About IMT Residential
IMT Residential is a Los Angeles based privately held full-service operator of multi-family residential communities. The company currently manages over 18,000 residential units and 50+ communities in six U.S. states. Founded in 1992, IMT Residential has been recognized on the lists of Top 50 multifamily firms nationally by the National Multi-Housing Council (NMHC) and Multi-Family Executive Magazine and is also recognized by the United States Green Building Council for their LEED for Homes construction projects. Additional information on IMT Residential can be found at www.imtresidential.com
About IMT Capital
IMT Capital, LLC is a private real estate investment firm based in Los Angeles, CA, with offices in San Francisco, CA, Miami, FL and Austin, TX. The company’s principals have made investments in excess of $4 billion in value since 1992. The company is a specialized manager concentrating in multifamily opportunities in major U.S. markets. Additional information on IMT Capital can be obtained by going to www.imtcapital.com