BH3 Management is a vertically integrated real estate investment manager, operator and developer founded by Mr. Lebensohn and Mr. Freedman in October 2009. BH3 Management invests across the capital stack in both debt and equity through various investment vehicles, including dozens of Special Purpose Vehicles and through its drawdown debt fund, BH3 Debt Opportunity Fund I, and related co-investment vehicles. BH3 Management operates a multi-disciplinary real estate platform which conducts property management, construction management, leasing and investment management activities and has developed expertise in multiple value creating real estate and construction activities.
A vertically integrated real estate investor, operator and developer founded in 2009.
DEBT
EQUITY
DEVELOPMENT
MANAGEMENT
SALES/LEASING
$2.0B+
CRE loans and assets acquired, managed, or developed
Vertically
Integrated
team including investment, development, management,
sales and leasing, and operations
Offices In
South Florida,
New York & Denver
Over 4 million
square feet acquired, developed or restructured
BH3 Leadership
With an expertise in complex distressed and workout scenarios, Mr. Lebensohn oversees the Deal Sourcing, Legal and Structuring components of BH3’s acquisitions. Prior to cofounding BH3, Mr. Lebensohn served as in-house counsel to a Manhattan owner, operator and developer for several years and has more than 20 years of investment and operational experience, including acquisitions and management of multifamily and commercial projects in NYC through his first company Wilder Realty LLC.
Mr. Lebensohn holds a juris doctorate from the prestigious New York Law School and practiced law in New York City for more than 12 years, during which he was actively acquiring and turning around assets in the Tri-State region.
Daniel also serves as Co-Portfolio Manager of the BH3 Debt Opportunity Fund I, L.P. where in that capacity he is jointly responsible for all major decisions including investment decisions, legal strategy and asset dispositions.
Mr. Lebensohn also serves as Co-CEO, Investment Committee Member and Board Member for Crixus BH3 Acquisition Company (Nasdaq: BHAC), a special purpose acquisition company focused on real estate, construction and infrastructure.
Daniel Lebensohn
Founder, Co-CEO
With an expertise in financial analysis, credit, and underwriting, Mr. Freedman oversees Investments, Financial Analysis and Capital Markets across all BH3 transactions. Prior to cofounding BH3, Mr. Freedman was a principal in a private lending company based in South Florida that financed bridge loans on commercial and residential real estate, and oversaw capital markets relationships, loan/special servicing and workouts.
Mr. Freedman holds a bachelor’s degree from Florida Atlantic University. Gregory also serves as Co-Portfolio Manager of the BH3 Debt Opportunity Fund I, L.P. where in that capacity he is jointly responsible for all major decisions including investment decisions, investment sourcing/screening, analysis and execution.
Mr. Freedman also serves as Co-CEO, Investment Committee Member and Board Member for Crixus BH3 Acquisition Company (Nasdaq: BHAC), a special purpose acquisition company focused on real estate, construction and infrastructure.
Gregory Freedman
Founder, Co-CEO
As the Executive Chairman of BH3 Management, Mr. Edidin is responsible for overseeing the implementation and execution of BH3’s institutional products. Mr. Edidin was Co-Founder and, from 2006 to 2019, Co-Managing Partner of Archer Capital Management, an institutional investment partnership that deployed in-excess of $10 billion in numerous blank check companies, commercial real estate loans and equity, REITs and operating company debt and equity. Mr. Edidin also founded Three B Holdings, a private family investment company.
At Archer Capital Management, Mr. Edidin was involved in the formation of the predecessor firm to BH3 Management and has partnered on numerous investment projects with both BH3 Management and its predecessor. From 2001 to 2006, Mr. Edidin was a Portfolio Manager and Co-Head of Credit Investments at York Capital Management. Mr. Edidin also previously held an investment related position at Morgan Stanley Capital Partners and a restructuring advisory position at The Blackstone Group.
Throughout his career, Mr. Edidin has served as a board member and credit committee member of numerous public and private companies. Additionally, Mr. Edidin served as a trustee and member of the investment committee of the Jewish Communal Fund of New York, and currently as an investment committee member of the Jewish Federation of Los Angeles.
Mr. Edidin holds a Bachelor’s Degree in Business Administration from the University of Michigan and a Master’s Degree in Business Administration from Harvard Business School.
Eric Edidin
Executive Chairman
Ms. Guber has been the Chief Operating Officer of BH3 Management since June of 2020 and was an Assistant Portfolio Manager of BH3 Management from 2018 until 2020.
From 2015 to 2017, Ms. Guber was a member of the Capital Markets Group at Hines, a multi-national privately owned real estate development firm active in 25 countries. While at Hines, she was involved in developing and cultivating capital partnerships with institutional investors for a variety of Hines investments and development projects.
Ms. Guber holds a Bachelor’s Degree in Finance from the University of Colorado – Boulder and a Master’s Degree in Real Estate from New York University.
Michelle Guber
Chief Operating Officer
In the role of Chief Financial Officer, Jarret is responsible for overseeing systems, processes, and financials spanning across BH3’s 3 lines of business encompassing multiple geographies and project entities. Additional responsibilities include serving as the primary point of contact for external banking, capital partner, and lending relationships. Jarret has been with BH3 since its inception in 2009.
Prior to joining BH3, Jarret held the positions of Vice President at Gibraltar Mortgage Capital, Group Manager for Ryder Systems, and was a Consultant for PricewaterhouseCoopers.
Jarret has an MBA with a concentration in Finance from University of Dallas in Texas and received his Bachelor of Arts from the University of Florida.
Jarret Freedman
Chief Financial Officer
As Head of Development, Mr. Carreno is responsible for the oversight of the firm’s southeast developments and is an active member of the development team. He provides project oversight and management of the design team as well as the construction management firm retained to implement the construction.
Charlie is a civil engineer and has vast experience in the planning, design, and construction administration of various projects including high-rise residential condominium projects with multiple commercial components such as hotels, spa, night club and restaurants.
Mr. Carreño’s experience also includes municipal utility infrastructure such as treatment works, pump stations, pipelines, solid waste landfills, streetscapes, seawall restoration, wetland mitigation, parks, groundwater remediation and environmental assessments.
Charlie Carreno
Chief Development Officer
With 31 years of experience, Michael Neumann oversees BH3’s residential sales, marketing, pricing, branding, contract administration, and property management. Additionally, he spearheads the planning and execution of the sales centers, amenities, décor, architecture and design aspects for all of the firm’s residential projects.
Before BH3, Mr. Neuman owned a sales and marketing company which carried out all of the tasks he currently performs for a diverse portfolio of development clients. Mr. Neumann earned a bachelor’s degree in mass communications from the University of South Florida.
He is a native of South Florida, raised in Key Biscayne, and has worked on projects throughout the state including South Florida, Naples, Tampa, and Panama City. He has also worked on projects in New Orleans, Chicago, Las Vegas, as well as internationally.
Michael Neumann
BH3 Realty President
Mr. Bennett is responsible for originating, screening, and structuring perspective acquisitions as well as capital markets and asset management activities. Actively engaged with the firm’s debt platform, Mr. Bennett’s role includes sourcing non-performing loans (NPLs), negotiating programmatic bridge lending platforms as well as communicating with lenders and the brokerage community as we whole.
Prior to joining BH3, Mr. Bennett was a Vice President with Amerant Bank (f/k/a Mercantil Bank) where he originated commercial real estate mini-perm and construction loans for all asset types both in the South Florida and New York submarkets.
Zachary Bennett
Managing Director
As General Counsel, Mr. Babbitt is responsible for overseeing and managing the legal affairs of the company and its operating entities, providing counsel on contract negotiation, transactions, business development, corporate governance, employee matters, compliance and privacy, and dispute resolution. Prior to joining BH3 Management, Josh was a Senior Vice President and General Counsel at Sydell Group. Josh earned his Juris Doctorate from New York University School of Law and a B.S. and M.Eng. in Operations Research and Industrial Engineering with a concentration in Financial Engineering.
Josh Babbitt
General Counsel
