News | BH3


Privé Receives Sidewalk Permit From City Of Aventura

Groundbreaking set for Summer 2014 on Exclusive Luxury Real Estate Condominium Located on South Florida’s Last Private Island.

Privé Developers, LLC, led by co-developers BH3 and Gary Cohen as Principal, are pleased to announce that the City of Aventura has issued the permit required to install a second sidewalk on the South Island at Island Estates.

The decision marks the latest advancement in the development of Privé – the one-of-a-kind, luxury real estate project set on South Florida’s last buildable private island – slated to commence groundbreaking Summer 2014.

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Privé Now Converting Reservations to Contract

Privé, the ultra-luxurious Miami condominium development located on South Florida’s last private island, has officially begun moving reservations to contract for the 160 luxury residences available on the island.

“The overwhelming response we have received during the short pre-sale period is a testament to the unique global appeal of living on an 8-acre private island with only 160 residences.”

– Privé Developers

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Preliminary Site Plan For Privé Approved by The City of Aventura

Privé® Preliminary Site Plan Gets the Official Thumbs Up

The City of Aventura has officially approved the preliminary site plan for South Florida’s last private island. The eight-acre island in Aventura’s Intracoastal Waterway will be home to Privé Island Residences. In two 16-story towers, Privé will offer a combined total of 160 ultra luxurious, ocean-view condominiums.

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BH3 LLC and Gary Cohen Develop South Florida’s Last Private Island

South Florida’s Dynamic Real Estate Professionals Join Forces to Present Privé®

AVENTURA, FL – Privé®, the exclusive and exciting new joint venture between BH3 Management LLC and Developer Gary Cohen was announced today. Set on South Florida’s last buildable private island, Privé® presents a one-of-a-kind development and living opportunity to the South Florida market.

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Introducing 1805 Ponce de Leon Boulevard

BH3 Presents 1805 Ponce: The Ideal Opportunity for Cosmopolitan Lifestyles in Coral Gables

Adding to its significant portfolio of distinctive South Florida Condominiums and mixed-use condominium properties, BH3 proudly announces its acquisition of the remaining residential and commercial condominium inventory at 1805 Ponce, located in the heart of the downtown Coral Gables condos scene, offering refined residences, sophisticated ground-floor retail/office spaces and strategically located boutique offices on upper floors.

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Trump Hollywood Sells Out In Record Time

Record Sales in 16 months lead to Sell Out

We are very happy to announce that, having experienced record-breaking sales in the first quarter of 2012, Trump Hollywood is now completely sold out. Since our re-launch in January of 2011, Trump Hollywood contracted 179 residences worth $276 Million, in just 16 months. Including prior sales the total reached 200 residences sold for a grand total in excess of $306 Million.

“Congratulations to BH3, the whole development team and everyone working on Trump Hollywood, it’s been an amazing success.”

– Donald J. Trump, Owner and CEO of the Trump Organization.

Both U.S. and international buyers alike discovered Trump Hollywood as an ideal real estate opportunity offering key attractions such as location, design, amenities, and above all else, value. In short, Trump Hollywood broke the mold. Read more


Sales Are Soaring at Trump Hollywood

Trump Hollywood Condominium Seeing Record Sales

HOLLYWOOD, Fla. (April 13, 2011) – Trump Hollywood, the newest luxury oceanfront condominium in Hollywood Beach, Fla., is riding a wave of sales success.  In March, 19 residences totaling approximately $24 million have been sold, according to Daniel Lebensohn, BH III LLC (“BH3”) Managing Partner, the property’s new owner and developer.

Trump Hollywood was acquired in late 2010 by BH3, a successful South Florida-based real estate firm, and King Street Capital, a $20 billion New York-based global alternative investment management firm.  Supported by Trump, The Related Group and Fortune Development Sales, the team has launched a new era at Trump Hollywood highlighted by updated pricing on all the residences. Read more


Trump Hollywood Treats Guests to a Night to Remember

More than 800 guests celebrate the relaunching of Trump Hollywood

HOLLYWOOD, Fla. – Donald Trump and more than 800 guests recently attended the lavish relaunch party for Trump Hollywood, the luxury oceanfront condominium located on Hollywood Beach, named one of the five best beaches in the United States by Travel & Leisure magazine.

Gregory Freedman, Daniel Lebensohn and Charles Phelan of BH III LLC, the new owners and developers of Trump Hollywood, were honored by Trump’s attendance.

Trump called the event “a fantastic relaunch for a phenomenal building on the ocean,” and mingled with numerous VIP guests, including CEO and Founder of The Related Group Jorge Pérez and Fortune International President Edgardo Defortuna. Read more


Bang & Olufsen and Fortune International Celebration

Trump Hollywood Visits Punta del Este

PUNTA DEL ESTE, Uruguay (Jan. 18, 2011) – The jet-set crowd of Punta Del Este were recently treated to the latest in South Florida oceanfront luxury. Together with Bang & Olufsen, Fortune International celebrated the Trump Hollywood condominium with a lavish party at Bang & Olufsen’s largest showroom in Latin America.

More than 80 people attended the event, including Punta del Este Alcade (Mayor) Martín Laventure Otegui, Uruguayan Penarol futbol coach Diego Aguirre, Bang & Olufsen Punta del Este owner Jimmy Baikovicius, Brazilian socialite and Fortune International agent Hello Campos, and Argentinean real estate developer Eduardo Costantini.

Recently acquired by King Street Capital Management and South Florida developer BH III, Trump Hollywood is a magnificent 41-story, 200-unit luxury tower located on Hollywood Beach between Miami and Fort Lauderdale.  Sales at Trump Hollywood are being handled by Fortune International in collaboration with The Related Group. Read more


Closings Begin at Terra Beachside 6000 Collins

116-Unit, Six-Story Development Completed, Nearing 75% Sales Level in Eight Months

MIAMI BEACH, (November 18, 2010) – Developer BH III LLC (“BH3”) recently began closings for residences at the recently completed Terra Beachside 6000 Collins, its 116-unit, six-story upscale condominium project on 60th Street and Collins Avenue in Miami Beach.

The project, which originally was conceived by architecture firm Sieger Suarez, broke ground in 2004 but construction was halted before completion due to financial issues.  Locally-based BH3, led by Charles Phelan, Gregory Freedman and Daniel Lebensohn, acquired the property in November 2009 and re-launched construction and sales earlier this year. Read more