HOLLYWOOD BEACH, FL-In November, BH3, along with investmentfunds managed by King Street Capital, acquired Trump Hollywood.Now, the investors are preparing to relaunch the property, hopingto have better prospects than its original developer, The RelatedGroup.
Trump Hollywood sits on a five-acre site and features two- andthree-bedroom condos ranging from 2,070 to more than 7,000 squarefeet, all with private elevator access and panoramic ocean,Intracoastal and city views from private oversized terraces. It’sthe most luxurious building on Hollywood Beach.
GlobeSt.com caught up with BH3 Partner Daniel Lebensohn todiscuss the group’s decision to invest in Trump Hollywood, how itcompares to other properties in its portfolio, and how they plan torelaunch the asset in a struggling market.
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