MIAMI (Aug. 30, 2023) — GID, a real estate owner and fiduciary that invests in multiple asset classes, has announced the acquisition of Altís Ludlam Trail from The Altman Companies, a 312-unit, wrapped-style community located in Miami that will be rebranded as Windsor Ludlam Trail.
The community features a roof-top heated swimming pool with a sun deck and poolside cabanas, a fitness center with cardio and yoga rooms, a game lounge, movie theatre, business center, and flex work-from-home spaces.
Located in the West Miami submarket of Florida, with proximity to major thoroughfares Highway 826, 836, and US Route 1, the community is uniquely positioned adjacent to the Ludlam Trail, a 6.2-mile linear greenway connecting a vast network of 30,000 residents, five schools, six parks, and nearly 50 acres of green space. The Ludlam Trail also serves as a major alternative transportation option for non-vehicular travel to the Blue Lagoon and Dadeland office markets.
“The Altman Companies are proud to have developed Altís Ludlam Trail into a premier residential community with a strong emphasis on sustainability and an exceptional living experience,” said Seth Wise, CEO of The Altman Companies. “As we transition ownership to GID, we have full confidence that they will uphold the same standards of excellence and further enhance the community for its residents.”
“This strategic move reflects our unwavering commitment to expanding our portfolio and offering exceptional living experiences to our residents,” said Greg Bates, President and CEO of GID. “With the acquisition of Altís Ludlam Trail, we are poised to set new standards for resident satisfaction, create a positive impact, and solidify our position as a leader in the real estate industry. We look forward to greeting our residents and building lasting partnerships with the local community.”