BH Group

Related And BH Group Acquire $28.5MM Loan for Pompano Beach Site On N. Ocean Boulevard

7:30 am on June 16, 2023 By Oscar Nunez

Related Group, led by renowned developer Jorge Perez, and BH Group, headed by Isaac Toledano, have secured a substantial $28.5 million loan from Centennial Bank for their latest venture in Pompano Beach. This hidden gem of South Florida has been captivating the attention of real estate developers, restaurateurs, and prospective residents, thanks to its waterfront allure and emerging status as a coveted destination.

Trinity Investments and Credit Suisse Propose Diplomat Landing Master Plan Modifications for 350 Condo Units and 500 Room Hotel

8:00 am on June 8, 2023 By Oscar Nunez

The City of Hollywood, Florida’s Department of Development Services Division of Planning and Urban Design has released a memorandum detailing a request by HFL Landings Owner LLC, a joint venture between the Zurich-based Credit Suisse Group and Honolulu-based Trinity Investments. The proposal seeks to modify Diplomat Landing’s Planned Development Master Plan, introducing 350 condo units and 500 hotel rooms, which aligns with the City’s Comprehensive Plan.

Related Group And BH Group Request Approval For 419-Foot-Tall ‘Diplomat Landing’ Residential Tower In Hollywood, FL

8:00 am on March 27, 2023 By Oscar Nunez

Related Group, a Miami-based real estate developer, and Aventura-based BH Group, under the Landings Venture LLC, have submitted a preliminary application to the City of Hollywood’s Technical Advisory Committee (TAC) for a 37-story residential building at 3451-3690 South Ocean Drive. Dubbed Diplomat Landing, the proposed development, designed by Cohen Freedman Encinosa & Associates (CFE Architects) and featuring landscape architecture by Witkin Hults + Partners and civil engineering by Kimley-Horn, would span 685,264 gross square feet and include 350 residential units. The 419-foot-tall structure would be linked to an existing parking garage to the north, adding 110 spaces for 705 parking spots. The Hollywood TAC is set to review the proposal on April 3, 2023.

Developers Unveil Plans For $1B Southland Mall Redevelopment In Cutler Bay, Miami-Dade County

8:00 am on September 22, 2022 By Oscar Nunez

Electra America, a real estate private equity firm, along with its U.S.-affiliate, American Landmark, and BH Group, a Miami-based private real estate investment, and development firm, has unveiled preliminary plans for the redevelopment and revitalization of the Southland Mall in Cutler Bay, located at 20505 South Dixie Highway, approximately 20 miles south of downtown Miami. The 80-acre, $1 billion redevelopment will be one of the most significant projects of its kind in the Southeast and be called Southplace City Center, designed and master planned by MSA Architects Inc. with Insite Studio as the landscape architect, Kimley Horn as the civil/traffic engineer, CPH for retail consulting, and Florida Economic Advisors for economic consulting.

Developers Secure $76 Million In Construction Funding For 37-Story District 225 In Downtown Miami

8:00 am on July 19, 2022 By Oscar Nunez

Related Group, along with ROVR Development and BH Group, have landed a hefty $76 million loan to begin construction on District 225, a 37-story Airbnb-branded condominium development planned for a 15,000-square-foot site at 225 North Miami Avenue in Downtown Miami. Construction funding came from New York-based lender Madison Realty Capital to build the 394-foot-tall tower, which was approved by city planners in April 2021. The project is designed by Sieger Suarez Architects with interiors by the Meshberg Group, and will include 343 fully-finished and furnished units – all of which are sold out. The construction of District 225 will be managed by Craft Construction Company LLC. according to pending permits, and is projected to completed in 2024.

Applications Filed For Two 331-Foot-Tall Buildings At 203 S. Tamarind Avenue In West Palm Beach

8:00 am on January 23, 2022 By Oscar Nunez

Applications have been filed with the Federal Aviation Administration (FAA) for two 331-foot-tall buildings located at 203 South Tamarind Avenue and 150 Clearwater Drive in West Palm Beach. The filings are in relation to a 10-acre transit-oriented development known as Transit Village, which is being led by principal Michael Masonoff and developed in a joint partnership with Globe Invest Limited, the Related Group and BH Group. Approved plans for Transit Village include the development of up to 1.5 million square feet including 308,000 square feet of Class-A office space, a 300-key hotel, 24,000 square feet of retail space, 408 residential units, 12 live-work townhouses and 3,500 square feet of civic/community space. Dallas-based The Beck Group is the architect behind the most recent renderings of the project, which is expected to cost in the range of $500 million to build. The project would rise on city- and county-owned land surrounding the Tri-Rail and Amtrak West Palm Beach transit station.

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