Our Sponsor was founded by affiliates of BH3 Management LLC and is managed and controlled by BH3 Management LLC.  BH3 Management is a vertically integrated real estate investor, operator and developer founded by Mr. Lebensohn and Mr. Freedman in October 2009 that invests both debt and equity capital through various real estate 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. 

 

Since inception in 2009, BH3 Management has acquired, restructured or developed, dozens of multifamily, condominium, and mixed-use properties totaling more than four million square feet.  BH3 Management has executed numerous complex real estate and construction investments, including: 125 Greenwich Street, Privé at Island Estates, Trump Hollywood, Icon Las Olas, Terra Beachside, and Fontainebleau Sorrento, while partnering with regional and national institutional partners. In executing these complex projects, BH3 Management has evaluated, acquired, or retained a large number of specialized products and services from various firms servicing the real estate, construction, and infrastructure industries.  Additionally, BH3 Management has invested in and been involved in the management of numerous operating companies that provide products and services to the real estate, construction, and infrastructure sectors.