Altman Way

Seth is CEO of The Altman Companies which since 1968 has built over 26,000 rental apartments. The Altman Companies is 50% owned by BBX Capital Real Estate. He is President of BBX Capital Real Estate, and Executive Vice President of BBX Capital and serves on its Board of Directors. He is also on the board of Bluegreen Vacations Corporation (NYSE: BXG).

Seth has more than 25 years of experience in many facets of real estate finance, management, investment, restructuring and development. Throughout his career, Seth has been responsible for managing approximately $3 billion of real estate assets in various classes including industrial, retail, and a focus in housing that includes single family, master-planned communities and multifamily. He has managed an acquired portfolio of nearly $600 million of performing and non-performing loans and real estate. This portfolio has successfully monetized since 2012 thru development, sale, restructuring, and loan payoffs well over $750 million. Seth’s real estate development experience includes in excess of 1.5 million-square-feet of industrial space. He has also been involved in the development, ownership, and asset management of nearly 12,000 rental apartment units and single-family homes. Seth also has expertise in equity investment, lending, and debt restructuring, including the management of a commercial real estate workout portfolio of over $1 billion.

Seth is an active member of organizations in his field and community. He is a sustaining member of the Wharton School of the University of Pennsylvania Zell/Lurie Real Estate Center. He is a member of the Ambassadors Board of Nova Southeastern University. Seth has served as an Executive Board Member of the Real Estate Advisory Board of the Center for Real Estate Studies at the University of Florida, and the Southeast Florida/Caribbean Council of Urban Land Institute (ULI). He is a member of the prestigious Young Presidents Organization (YPO), and serves is Past Chairman of the Board of Directors for Jewish Family Services of Broward County, a non-profit human services organization and Jewish Family Home Care, a nonprofit home health agency primarily serving Holocaust survivors. He is a member of the Board of Directors of the David Posnack Jewish Day School, a member of the National Council of AIPAC, and a member of the Forbes Real Estate Council.

Seth earned a Bachelor of Science degree in Finance from the University of Florida.

Joel Altman is the fourth generation of a family with extensive and diversified experience in the develop-ment industry. As founder of Altman Development Company, he has developed, constructed, acquired and managed more than 25,000 multi-family units in Michigan, Illinois, Tennessee, Georgia, Florida, North Carolina and Texas.
 
It is Joel’s absolute commitment to quality that has served as the backbone of success for The Altman Companies for over 50 years. Altman communities have won awards for excellence in the industry and, furthermore, have passed the ultimate test of resident satisfaction as evidenced by the high occupancy levels at Altman managed properties.
 
This success has been a conscious effort; Joel knows excellence and demands it from all those comprising the Altman team. He consistently seeks out and drafts the most talented personnel and he never stops asking, "Can we do it better?" This passion for quality is instilled in every member of the Altman team.
 
The success of Altman Management Company has been widely recognized in the industry. Approached by owners of other properties concerning their own management needs, Joel has further expanded the scope of Altman Management Company to provide the same degree of management talent and expertise to a growing portfolio of properties under the Altman umbrella.

Timothy A. Peterson joined The Altman Companies in 2003 as a Partner and has served in a variety of roles since that time. Currently, he is Chief Investment Officer responsible for managing all the equity and debt relationships as well as overseeing the asset management and disposition functions for the entities that make up The Altman Companies. Tim also oversees the strategic growth initiatives for the company.

Tim has over 30 years of real estate experience and over 25 years of multifamily experience. Previously, he was the Executive Vice President and Chief Financial Officer of a real estate investment trust (REIT) that developed, acquired, managed and leased industrial and office properties in the Eastern United States. Prior to that, he was the Executive Vice President of Post Properties, Inc., where he had overall responsibility in the financial area including managing the company’s IPO.

Tim serves on the board of directors and chairs the audit committee for Preferred Apartment Communities (NYSE:APTS), a role he has had since the company completed its IPO in 2011. He is a past member of the National Association of Real Estate Investment Trusts where he served as a Co-Chairman of its Accounting Committee, and a member of the Best Financial Practices Task Force. He is a member of the Executive Committee of the University of Florida Real Estate Advisory Board and the advisory board of the ULI South Florida/Caribbean chapter as well as a member of ULI’s Bronze Multifamily Council.

Tim, a native of St. Petersburg, Florida, received his undergraduate degree in Accounting from the University of Florida in 1985 and his MBA in Finance from the University of Florida in 1987. He is a Certified Public Accountant.

Rob joined The Altman Companies as Chief Financial Officer in 2019. He is responsible for managing the company’s financial reporting, accounting, risk management, budgeting, forecasting and cash management functions.

He has over 25 years of financial and accounting experience in South Florida, the last 10 of which were in the real estate and property management industries. Rob has been involved with over $1 billion of development projects in Florida and has overseen management of over 300,000 residential units and over 1 million square feet of office and retail assets.

After graduating from Boston University with a degree in Business Administration in 1991, Rob became a certified public accountant (CPA) while working for the Big 4 accounting firm, PricewaterhouseCoopers, before transitioning into private industry.

Jeffery Roberts is responsible for all operations pertaining to development and construction activities for Altman Development Company.
 
Prior to his association with Altman, Jeff was President of Village Green Residential Properties and Village Green Construction, the largest apartment home developer in the Midwestern region of the United States. At Village Green, Jeff was responsible for all operations of the development and construction companies whose volume exceeded $150,000,000 annually. Prior to his twelve-year tenure with Village Green, Jeff served as the Florida Development Officer with Altman Development Corporation.
 
Jeff has degrees in Business Administration and Accounting from Manatee Junior College and the University of South Florida. He is a member of the Urban Land Institute, The Building Officials and Code Administrators International (BOCA International) and the American Planning Association. Jeff has been a frequent speaker at trade conferences for the Urban Land Institute, National Association of Home Builders and Multi-Housing World.

As President of Altman Living, David will oversee the strategic investment and development of Altman Living, The Altman Companies' affordable housing division.

Before joining The Altman Companies, David worked with Community Housing Partners (CHP) as Vice President of Development since 2011. David managed the company’s LIHTC/multifamily/mixed-income planning, development, financing, and construction efforts in Virginia, Florida, Washington D.C., Maryland, South Carolina, and North Carolina, where he identified new multifamily and mixed-use/mixed-income opportunities. From 1998-2010, David founded Triad Housing Partners in Miami, Florida, a Multifamily Residential Real Estate Development and Construction company focused on developing LIHTC and market-rate condominiums and townhomes where he directed daily activities of the company with properties located in Florida, Texas, and Arizona. He developed and constructed thousands of LIHTC and market-rate residential units. In addition, David served as a senior project manager for the Cornerstone Group in Coral Gables, Florida, leading the development of 1,300 tax credit-financed properties throughout the state.

Jordan Chase is Altman Construction’s President who has been active in construction in development since 1980, focusing on innovative design and advanced techniques. Jordan joins us with extensive experience, most recently with Greystar from 2012-2022, managing both third-party general contractors and self-perform projects, including complex high-rise residential with retail, mid-rise mixed-use, Type III urban infill mixed-use, student housing, active adult, assisted living memory care and Type V on-grade residential communities. Jordan’s active construction and development experience spans the West Coast markets of Seattle, San Francisco, Los Angeles, and San Diego, as well as Arizona and Nevada. Before Greystar, Jordan worked in construction and development roles for Wood Partners, AvalonBay Communities, The Olson Company, and DR Horton. Jordan also has experience in design-build for custom residential estate homes, restaurants, and commercial construction.

Mr. Andrew Meran is the Senior Vice President of Capital Markets for the Altman Companies. He is responsible for debt and equity relationships along with joint venture equity and loan closings. He is also the Managing Director of Investments for BBX Capital Corporation where he oversees underwriting and asset management for BBX Capital Real Estate’s portfolio.

Mr. Meran graduated from the Wharton School of the University of Pennsylvania and brings over 20 years of real estate finance experience in direct equity investing, loan origination and syndication to the Altman Companies. His experience includes structuring complex transactions on all real estate asset classes. He is a graduate of Leadership Broward, Class XXV and holds a Florida Real Estate License.

In his role as the Senior Vice-President of Development for Altman Development Company, Lon Tabatchnick is responsible for overseeing all facets of the development process and all multifamily development in South Florida. Specifically, Lon is responsible for land acquisition, financial underwriting, entitlements, product design and construction oversight.

Lon has a broad background in real estate having served as the founder and President of The Lojeta Group since 1985, a family owned and run real estate development company which has built residential homes, multifamily, commercial space, and mixed-use space with various partners. Under Lon’s leadership, The Lojeta Group has developed real estate projects in excess of $500 million and built for brands that need no introduction including The Margaritaville Hollywood Beach Resort.

As the Vice President of Development for the Central Florida region, Oliver Cima oversees development, acquisitions, and operations activity. Oliver most recently served as Senior Vice-President of Acquisitions and Development at a renounced company with responsibility for the Mid-Atlantic and Southeast Atlantic regions. In that role, Oliver oversaw development and acquisitions activities in those markets. He helped lead product type expansion within the SE Atlantic region by spearheading its first multifamily development and existing multifamily acquisition platforms in Florida.

Oliver has served on the boards of several nonprofit organizations engaged in housing, workforce, and community development.

Derek Lubsen in responsible for maximizing the financial returns of all real estate assets owned and/or managed by The Altman Companies. Derek is also responsible for all aspects of risk management.
 
Prior to joining Altman in 2008, Derek worked for Lennar homes underwriting land acquisitions for single family and multifamily residential development. He was also responsible for creating condominium association operating budgets, procuring association insurance, and managing the association startup and ongoing operations. Derek joined the Altman Companies in early 2008 as a Development Associate for Altman Development Company and has also spent time working with Altman Management Company.
 
Derek received his Bachelor’s degree in Business Administration from the University of Florida in 1999 and his MBA in Finance and Real Estate from the University of Florida in 2004.

As Senior Vice President of Operations, Kristi Novak oversees Altman Management’s lease-up projects and third-party fee management in the Southeast region. She plays an essential role in helping to ensure the successful launch of new communities.
 
Kristi brings a wide range of property management experience to Altman Management Company. She has a vast knowledge of new construction, renovations, property repositions, acquisitions, and extensive large capital projects. She specializes in boutique assets, team building, client relations, and training.

Kristi obtained a degree in Residential Sciences and a minor in merchandising from Florida State University. She holds her CAM, CAPS, and NAAEI Trainer designations with the National Apartment Association. Supporting the industry is important to Kristi as she has served in several positions at the state and local associations, including the Southeast Florida Apartment Association President in 2022.

As Controller of Altman Contractors and Altman Glenewinkel Construction, Chris Tanis supervises the construction company’s accounting department. His job includes financial management of the construction company, producing financial reports, cash manage-ment, audit preparation, overall supervision of job cost accounting and general accounting practices while assisting the ADC Corporate Controller on an as needed basis.
 
Chris has been with The Altman Companies for over 12 years and has more than 14 years of experience in real estate, development and construction accounting. Additionally, Chris has 5 years of experience as a Project Accountant and Field Office Manager with a roadway and bridge construction general contractor performing over $250 million of work annually, and 2 years as Controller with a single-family luxury estate home builder.

Chris graduated with a Bachelor of Science degree in Accounting from Florida Atlantic University.