News | BH3


Privé Developers in Haute Residence Cover Story

Doing the Right Thing Brings Greater Success

Haute Residence, the “Millionaire’s Global Guide to Luxury Real Estate,” toured Privé at Island Estates recently and interviewed one of the project’s developers for a cover story in the magazine’s Summer/Fall 2016 issue.

In the story, BH3’s Greg Freedman recalls how the firm achieved success quickly by keeping its focus on context, community and quality, rather than simply building for the bottom line. By doing the right thing on its earliest South Florida projects, such as the well-received Trump Hollywood and Terra Beachside, BH3 began to realize the rewards of building with integrity.

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Privé At Island Estates Receives Full Vertical Building Permit

Following the previous foundation building permit, latest permit enables full vertical construction of 16-story Privé project

AVENTURA, FL. – Privé Developers, LLC, led by co‐developers BH3 and Gary Cohen as Principal, have been granted a full vertical building permit, enabling Privé at Island Estates to rise on the exclusive 8-­acre island located in Dumfoundling Bay between Williams Island and Sunny Isles Beach.

Recently ranked No. 14 on Elite Traveler’s “Most Desired Ultra-­‐Luxury Residential Developments in the World” (and No. 1 in Florida), the twin luxury towers’ design partners architecture by renowned Sieger Suarez Architectural Partnership, landscape architecture by EGS2, and interior design by Interiors by Steven G. Privé broke ground in June of this year and is presently on the second level of construction following completion of foundations.

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Privé Developers Announce Successful Closing on Financing for Privé at Island Estates, Get Another Win in Court

Privé is presently under construction and is being built and bonded by Suffolk Construction, one of Florida’s largest general contractors that are also building for Miami World Center and All Aboard Florida. “We are ecstatic to have closed on this financing and continue the current pace of construction on schedule for completion in Q2 of 2017,” said Daniel Lebensohn on behalf of Privé Developers.

“The response from brokers and purchasers has been robust over this summer as they now get to see the construction on the island and the towers coming out of the ground,” said Greg Freedman of Privé Developers, which has sold in excess of $250 Million of units at the project.

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Privé at Island Estates Ranked #1 in Florida

The award-winning guide for the jet-set lifestyle, Elite Traveler, declares Privé at Island Estates the most desirable ultra luxury residential real estate development in Florida, and #14 in the world.

To compare more than 200 properties around the world, Elite Traveler developed a 21-point checklist of amenities, services and facilities that the most affluent buyers seek and consider when purchasing dream real estate. Upon completion, Privé will offer 19 of the possible 21 amenities on the rating system.

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Privé Developers Begin Construction of Privé at Island Estates


Groundbreaking Follows Recent Further Confirmation of Vested Rights by City of Aventura Judge

AVENTURA, Fla. – June 9, 2015 – Privé Developers, LLC, led by co-developers BH3 and Gary Cohen as Principal, announced today that Privé at Island Estates is now in its second month of foundation construction. In a separate but related matter, a judge recently further confirmed what the Developer and The City of Aventura have always maintained, that vested rights exist without question.

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Privé at Island Estates Receives Foundation Permit

Construction to Commence Immediately

Privé Developers, LLC proudly announces the issuance of its foundation permit from the City of Aventura. Construction of the twin-tower luxury condominium project, located on South Florida’s last undeveloped island, will begin immediately, with completion projected for the second quarter of 2017.

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Privé at Island Estates Reaches 50% Sold in December 2014

Final Quarter of 2014 Yields Strongest Sales Period to Date on Heels of Accelerated Momentum & Critical Acclaim

Privé Developers, LLC, led by co-developers BH3 and Gary Cohen as Principal, today announced that 50% of the residences at Privé at Island Estates – located on South Florida’s last buildable private island – are currently under contract. The overwhelmingly successful close to 2014 included sales totaling $75 million within the past 75 days for the ultra-luxury development, which was recently ranked “#1 Residential Real Estate Development in South Florida” by Elite Traveler.

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Elite Traveler Ranks Privé In Top 15 Best Out of 248 Worldwide Residential Real Estate Developments

Of The Most Desired Ultra-Luxury Developments, Privé Ranks #1 In Miami And #14 In The World

Elite Traveler, an award-winning magazine focusing on the latest in high-end travel, fashion and private jet lifestyle, compiled a list of the must-know-about-real estate residential property developments around the world and lists Privé with a 14th place designation out of the top 248 worldwide qualifying properties.

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Via Digital Journal: BH3 Group Forgives Substantial Debt To Miami Beach Talmudic College

Miami-based developers BH3 extinguish $5.5 million dollars in debt in addition to other accretive contributions to help local non-profit organization continue its legacy

AVENTURA, Fla., Oct. 20, 2014

(As seen in Digital Journal) — BH3, a real estate firm based in Miami led by Gregory Freedman, Charles Phelan and Daniel Lebensohn, has finalized a transaction that benefited the company as well as The Talmudic College.
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Privé Receives Final Site Plan Approval From City Of Aventura

Exclusive Luxury Real Estate Condominium Project set to Break Ground on South Florida’s Last Private Island

Privé Developers, LLC, led by co-developers BH3 and Gary Cohen as Principal, announced today receipt of Final Site Plan Approval from the City of Aventura for Privé at Island Estates. The certification marks the latest advancement in the development of the one-of-a-kind, luxury real estate project set on South Florida’s last buildable private island. Groundbreaking will take place Summer 2014.

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