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14779 NW 97th Ave, Hialeah, Florida 14779 NW 97th Ave, Hialeah, Florida (Photo: Courtesy Photo)

➤➤ Join the GlobeSt.APARTMENTS (formerly RealShare) conference October 29-30 in Los Angeles. The event will analyze the opportunity in the emerging trends and conditions of the multifamily market. Don’t miss out on joining the 1000+ of the industry’s top owners, investors, developers, brokers and financiers as they gather for THE MULTIFAMILY EVENT OF THE YEAR! Click here to register and view the agenda.

A new garden-style multifamily community in Hialeah traded for $90 million, underscoring the notion that the once-overlooked Miami-Dade County community is poised for more real estate interest.

An affiliate of AvalonBay Communities Inc., an Arlington, Virginia-based real estate investment trust, bought Altis Bonterra from an affiliate of Boca Raton-based Altman Development Corp., according to public records. The deal closed Aug. 13, and the new deed was posted Wednesday.

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