Jorge Pérez, BH have Hollywood oceanfront landmark under contract from Chetrit Group
Miami-based Related Group and Aventura-based BH Group are getting in position to redevelop the century-old Hollywood Beach Resort, the vacant centerpiece on Hollywood’s oceanfront. Jorge Pérez, the founder and executive chairman of Related Group, and BH Group have the Hollywood Beach Resort and an adjacent parking garage under contract, Keith Poliakoff, a Fort Lauderdale-based attorney representing Related, told The Real Deal. If Pérez and BH Group acquire the property, Related and BH Group, led by founder and CEO Isaac Toledano, would redevelop it, Poliakoff said. He declined to reveal the contractual purchase price. Related Group did not respond to a request […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts

Rich forever? Why top developers, brokers are still all in Miami despite risks, challenges

Former Trump advisor reportedly walked away from two Palm Beach County megamansion deals

Welltower buys five nursing homes in $208M spree amid senior housing boom

CP Group, Georgetown buy back Boca’s Mizner Park in joint venture, with room for improvements

Bal Harbour Shops expansion fully leased as 30 luxury retail tenants sign on amid luxury retail boom

Time and patience: Public-private partnerships drive development, but they can take decades to realize

“Ken Griffin took this town by storm”: Miami-Dade mayor on Wynwood’s $3B Carnegie Mellon campus

Rick Ross drops knowledge on his real estate hustle: “There is no better time than right now”

Michael Stern boasts optimism for Miami projects amid legal battles

Where Miami’s top developers are placing bets outside the city

