Located in the heart of Coral Gables, 1805 Ponce is a mixed-use project consisting of 110 condominiums and over 50,000 square feet of commercial space for both retail and office. BH3 acquired the property from Ocean Bank in Q4 ’12, which had foreclosed on the prior owner/developer during the recession. Following the acquisition and repositioning by BH3, the project was successfully sold out within 18 months.
