BH3 develops, invests in, and manages high-end condominium, commercial, mixed-use, and hotel properties, primarily in South Florida and New York City, for residential buyers, hospitality guests, commercial tenants, and institutional or private capital partners through vertically integrated real-estate investment strategies.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
| Project | Overall | Structure & systems | Management & living |
|---|---|---|---|
| 98 Front StreetDUMBO, Brooklyn165 units | 8.0/ 10 | 7.8/ 10 | 8.0/ 10 |
The largest published review base found is 13 reviews, shared by Google Reviews/Maps as reproduced by Exa Places and Local Guides World; I used the more recent 4.4/5 listing as the anchor, converting it to 8.2/10. The 4.1/5 Local Guides World result is a meaningful dissent, while the reported repair and finish complaints support a modest downward adjustment rather than a severe-failure penalty. | |||
Resident feedback reports that a “heated floor never worked,” damaged hardwood was painted over rather than replaced, and “the hvac issue continues.” Separately, the building-record pages show a 2025 open HPD item for a defective kitchen light fixture and unresolved filing-related violations; these are records and complaints, not proof of a building-wide structural failure. | The strongest operational praise is specific: one owner called the super, front doormen and porters “the only saving grace of this building,” while published building material describes a full-time staff and 24/7 doorman. The countervailing owner feedback says the punch-list team “drag[s] their feet” and refuses responsibility for damage; this is old evidence, chiefly from 2021–2023, so its current applicability is uncertain. | ||
| The HendrikBoerum Hill, Brooklyn33 units | 7.9/ 10 | —/ 10 | 7.9/ 10 |
The Google aggregate of 4.3/5 from 11 reviews is the only published building-specific aggregate located and therefore sets the level; applying the stated conversion curve gives 7.9/10. The limited readable commentary is positive and supplies no recurring complaint or serious failure that would justify an adjustment, while structure remains unscored because no resident structural rating was published. | |||
No resident review located that reports a structural or systems failure. The published building description identifies handmade Petersen brick, sound-attenuated and insulated windows, Miele appliances and radiant-heated floors, but these are described features and the underlying fact sheet is promotional material published in 2017 rather than current engineering evidence. | The readable resident-facing feedback is favorable but sparse: one review says “Nice doormen.. It was extremely beautiful.” Published building reviews describe a 24-hour doorman, fitness room, residents’ lounge, children’s playroom, bike storage and landscaped roof terrace; these amenity descriptions largely date from the development/marketing period, so they do not establish that service quality is unchanged on October 14, 2026. | ||
| Privé MalibuPoint Dume, Malibu68 units | 7.4/ 10 | —/ 10 | —/ 10 |
The only published building-specific rating is 5/5 from one review, based on a positive tour experience rather than a resident review base. Under the rule for ratings with fewer than 10 reviews, the result is kept within one point of 6.5; no separate structural or established resident-living score is supported. | |||
no notes returned no links returned | The only published review reports “a great experience” touring the model units and grounds and calls the property “unbelievable.” This is visitor feedback rather than evidence from an established resident population, so it provides only limited information about day-to-day management, staff responsiveness, security or upkeep. |
NEW YORK OFFICE 56 West 22nd Street 10th Floor New York, NY 10010
COLORADO OFFICE 162 Adams Street Suite 101 Denver, CO 80206
BH3 was founded with Gregory Freedman and Daniel Lebensohn; the source describes Freedman as a co-founder and co-CEO.
BH3 was founded with Daniel Lebensohn and Gregory Freedman; the source describes Lebensohn as a co-founder and co-CEO.
BH3 and Merrimac formed a joint venture for Watson Harbour, a mixed-use Watson Island redevelopment.
Fort Partners joined BH3 and Merrimac on Watson Harbour, with its role expected to focus on hotel and residential components.
Dacra is part of Miami Design District Associates, developing The Ursa in partnership with BH3.
L Catterton Real Estate is part of the Miami Design District Associates joint venture developing The Ursa in partnership with BH3.
Brookfield Corporation is part of the Miami Design District Associates joint venture developing The Ursa in partnership with BH3.
Suffolk was selected as general contractor for Privé at Island Estates.
BH3 and Merrimac formed a joint venture in 2023 to take over that lease from the former developer.
Fort Partners joined BH3 Management and Merrimac Ventures’ Watson Harbour mixed-use development in Miami.
The Ursa is being developed by Miami Design District Associates, a joint venture between Dacra ... L Catterton Real Estate ... and Brookfield Corporation ... in partnership with BH3.
The Ursa is being developed by Miami Design District Associates, a joint venture between Dacra ... L Catterton Real Estate ... and Brookfield Corporation ... in partnership with BH3.
The Ursa is being developed by Miami Design District Associates, a joint venture between Dacra ... L Catterton Real Estate ... and Brookfield Corporation ... in partnership with BH3.
Privé Developers, LLC, led by co-developers BH3 and Gary Cohen as Principal, are pleased to announce the selection of Suffolk Construction as General Contractor for Privé at Island Estates.
| COMPANY NUMBER | M09000004368 Florida Department of State, Division of Corporations · US · ACTIVE |
| United States | active 6 projects tracked |
| Residential, for sale | 4 of 6 |
| Mixed use | 3 of 6 |
| Retail | 1 of 6 |
“We try to leave our egos at the door. And we also try to have fun and work with people that we really enjoy working with.”The Real Deal 2024-01-04https://www.therealdeal.com/miami/2024/01/04/daniel-lebensohn-on-2024-real-estate-forecast-miami-market
Mr. Lebensohn holds a J.D. from the New York Law School.
As the Co-Founder and Co-CEO of BH3, Mr. Lebensohn oversees the Deal Sourcing, Legal and Structuring components of BH3’s acquisitions.
Daniel Lebensohn - Co-CEO & Founder of BH3 Management LLC
Prior to cofounding BH3, Mr. Lebensohn served as in-house counsel to a Manhattan owner, operator, and developer for several years ... through his first company Wilder Realty LLC.
“We try to leave our egos at the door. And we also try to have fun and work with people that we really enjoy working with.”
As the Co-Founder and Co-CEO of BH3, Mr. Lebensohn oversees the Deal Sourcing, Legal and Structuring components of BH3’s acquisitions.
Daniel Lebensohn ... has been Co-Chief Executive Officer of BH3 Management since 2009.
As the Co-Founder and Co-CEO of BH3, Mr. Lebensohn oversees the Deal Sourcing, Legal and Structuring components of BH3’s acquisitions, with experience in complex distressed and workout scenarios. Prior to cofounding BH3, Mr. Lebensohn served as in-house counsel to a Manhattan owner, operator, and developer for several years and has more than 20 years of investment and operational experience, including acquisitions and management of multifamily and commercial projects in NYC through his first company Wilder Realty LLC.
Mr. Lebensohn ... has more than 20 years of investment and operational experience
Founded by Mr. Lebensohn and Mr. Freedman, BH3 Management invests across the capital stack in both debt and equity through various investment vehicles.
As the Co-Founder and Co-CEO of BH3, Mr. Lebensohn oversees the Deal Sourcing, Legal and Structuring components of BH3’s acquisitions.
“BH3 Management has always been focused on identifying opportunities to add value to projects that already benefit from strong real estate fundamentals.”Hotel Investment Today August 24, 2023https://www.hotelinvestmenttoday.com/Development/Owners/BH3-Co-CEO-Freedman-on-Raleigh-deal-lending-dynamics
Mr. Freedman holds a B.S. from Florida Atlantic University.
As the Co-Founder and Co-CEO of BH3, Mr. Freedman oversees Investments, Financial Analysis and Capital Markets across all BH3 transactions.
Greg Freedman
Prior to cofounding BH3, Mr. Freedman was a principal in a private lending company based in South Florida that financed bridge loans on commercial and residential real estate.
When it comes to debt and credit placement, BH3 Management has always been focused on identifying opportunities to add value to projects that already benefit from strong real estate fundamentals, and this loan is a great example of that mindset.
As the Co-Founder and Co-CEO of BH3, Mr. Freedman oversees Investments, Financial Analysis and Capital Markets across all BH3 transactions.
Gregory Freedman ... has been Co-Chief Executive Officer of BH3 Management since 2009.
As the Co-Founder and Co-CEO of BH3, Mr. Freedman oversees Investments, Financial Analysis and Capital Markets across all BH3 transactions ... Prior to cofounding BH3, Mr. Freedman was a principal in a private lending company based in South Florida that financed bridge loans on commercial and residential real estate.
Prior to cofounding BH3, Mr. Freedman was a principal in a private lending company based in South Florida
BH3 Management was co-founded in 2009 by Co-CEOs Gregory Freedman and Daniel Lebensohn.
As the Co-Founder and Co-CEO of BH3, Mr. Freedman oversees Investments, Financial Analysis and Capital Markets across all BH3 transactions.
“Pretty much everything we do is complicated. If it were easy, probably someone else would do it.”S. Florida Business & Wealth August 21, 2025https://sfbwmag.com/flying-high/
He holds a Bachelor of Business Administration from the University of Michigan ... and a Master of Business Administration from Harvard Business School.
Eric Edidin is the Executive Chairman of BH3 Management, where he oversees the implementation and execution of the firm’s institutional investment platform.
Eric Edidin
Mr. Edidin ... serves as a board member of Spartacus Acquisition Corporation.
Earlier in his career, Eric served as Co-Head of York Capital Management’s credit businesses ... and held investment roles at Morgan Stanley Capital Partners, as well as a restructuring advisory role at The Blackstone Group.
“Pretty much everything we do is complicated. If it were easy, probably someone else would do it,” Edidin said.
Eric Edidin is the Executive Chairman of BH3 Management, where he oversees the implementation and execution of the firm’s institutional investment platform.
Mr. Edidin has been Executive Chairman of BH3 Management since 2020.
Eric Edidin is the Executive Chairman of BH3 Management, where he oversees the implementation and execution of the firm’s institutional investment platform. Prior to joining BH3, Eric was a Co-Founder and, from 2006 to 2019, Co-Managing Partner of Archer Capital Management ... Earlier in his career, Eric served as Co-Head of York Capital Management’s credit businesses ... and held investment roles at Morgan Stanley Capital Partners, as well as a restructuring advisory role at The Blackstone Group.
Executive Chairman of BH3 Management
Co-Founder and ... Co-Managing Partner of Archer Capital Management
oversaw capital deployment across a platform exceeding $12 billion
Eric Edidin is the Executive Chairman of BH3 Management, where he oversees the implementation and execution of the firm’s institutional investment platform.
“Look for patterns and similarities in everything — you might end up with a new investment thesis.”Authority Magazine May 16, 2024https://medium.com/authority-magazine/women-leaders-of-real-estate-michelle-gruber-of-bh3-management-on-the-5-things-you-need-to-succeed-4ecca3298f1d
Ms. Guber holds an M.S. in Real Estate from New York University and a B.S. in Finance from the University of Colorado Boulder.
Michelle Guber is the Chief Operating Officer at BH3, where she is responsible for driving strategic growth and overseeing the firm’s day-to-day operations.
Michelle Guber
Prior to joining BH3, Ms. Guber was a member of the Capital Markets Group at Hines ... She also worked in the Client & Partner Group at KKR.
Look for patterns and similarities in everything — you might end up with a new investment thesis.
Michelle Guber is the Chief Operating Officer at BH3, where she is responsible for driving strategic growth and overseeing the firm’s day-to-day operations.
Michelle Guber joined BH3 in May 2018.
Michelle Guber is the Chief Operating Officer at BH3, where she is responsible for driving strategic growth and overseeing the firm’s day-to-day operations. Prior to joining BH3, Michelle was a member of the Capital Markets Group at Hines ... She also worked in the Client & Partner Group at KKR, supporting capital raising and investor relations efforts.
She also worked in the Client & Partner Group at KKR
Prior to joining BH3, Ms. Guber was a member of the Capital Markets Group at Hines
Chief Operating Officer
Michelle Guber is the Chief Operating Officer at BH3, where she is responsible for driving strategic growth and overseeing the firm’s day-to-day operations.
Omar ... holds a Bachelor of Science in Business Management from Western Michigan University and a Master of Accounting from Oakland University.
Omar Rayes is the Chief Financial Officer at BH3 Management, where he oversees all finance and accounting activities for the firm.
Prior to joining BH3, Omar served as Senior Vice President of Accounting and Finance at Gencom ... He previously spent five years at PricewaterhouseCoopers LLP as a manager in the firm’s transaction services group.
Omar Rayes is the Chief Financial Officer at BH3 Management, where he oversees all finance and accounting activities for the firm.
Omar Rayes is the Chief Financial Officer at BH3 Management, where he oversees all finance and accounting activities for the firm. Prior to joining BH3, Omar served as Senior Vice President of Accounting and Finance at Gencom ... He previously spent five years at PricewaterhouseCoopers LLP as a manager in the firm’s transaction services group.
Chief Financial Officer
Omar is a Certified Public Accountant in the states of Michigan and Florida
Omar Rayes is the Chief Financial Officer at BH3 Management, where he oversees all finance and accounting activities for the firm.
He holds a Bachelor of Science in Civil Engineering from the University of Florida.
Charlie Carreño is the Chief Development Officer at BH3, where he oversees the firm’s development activities in the Southeast and provides project oversight across design and construction.
Charlie Carreno - Chief Development Officer at BH3 Management, LLC
Prior to joining BH3, Charlie served as Director of Development at Property Markets Group ... He also held the role of Director for the City of Miami Beach’s Office of Capital Improvement Projects ... Earlier in his career, Charlie served as Project Director at The Related Group.
Charlie Carreño is the Chief Development Officer at BH3, where he oversees the firm’s development activities in the Southeast and provides project oversight across design and construction.
Chief Development Officer - BH3 Management, LLC (Current) May 2014 - Present
Charlie Carreño is the Chief Development Officer at BH3, where he oversees the firm’s development activities in the Southeast and provides project oversight across design and construction ... Prior to joining BH3, Charlie served as Director of Development at Property Markets Group ... He also held the role of Director for the City of Miami Beach’s Office of Capital Improvement Projects ... Earlier in his career, Charlie served as Project Director at The Related Group, where he managed the firm’s largest residential development project, Icon Brickell.
He holds a Bachelor of Science in Civil Engineering from the University of Florida
Chief Development Officer
Earlier in his career, Charlie served as Project Director at The Related Group, where he managed the firm’s largest residential development project, Icon Brickell
Charlie Carreño is the Chief Development Officer at BH3, where he oversees the firm’s development activities in the Southeast and provides project oversight across design and construction.
0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.
| Project | Location | Type | Units | Floors | Area | Cost | Payment plan | Launched | Construction start | Original target | Handover | Delay | Confidence | Status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Privé Malibu | Malibu, United States Point Dume | residential for sale | 681 | — | — | USD 70m sale price | — | 2026 | February 2026 | Jul 2026 – Sep 2026 | Jul 2026 | −1.0 mo (−2.0 to 0.0) | estimated | completed |
| Fabrick Progresso Village | Fort Lauderdale, United States Progresso Village | mixed use | — | — | 24,000 sq ft | USD 9.4m investment announced | — | 2020 | December 2, 2020 | Apr 2021 – Jun 2021 | Jun 2022 | +13.0 mo (+12.0 to +14.0) | estimated | completed |
| The Axel | Brooklyn, United States Clinton Hill | mixed use | 2841 | 29 | 280,000 sq ft | — | — | — | — | Jan 2022 – Dec 2022 | Jun 2022 | −0.5 mo (−6.0 to +5.0) | estimated | completed |
| 98 Front Street | Brooklyn, United States DUMBO | residential for sale | 1651 | 10-story | — | — | — | 2019 | July 10, 2019 | Sep 2020 – Dec 2020 | Jan 2021 – Mar 2021 | +3.5 mo (+1.0 to +6.0) | sourced | completed |
| The Hendrik | Brooklyn, United States Boerum Hill | mixed use, residential for sale, retail | 331 | six stories | — | USD 85m estimated cost | — | 2016 | May 2016 | Sep 2017 – Dec 2017 | Jan 2019 – Dec 2019 | +20.0 mo (+13.0 to +27.0) | sourced | completed |
| Privé at Island Estates | Aventura, United States | residential for sale | 1601 | 16 stories | 1,200,000 sq ft | — | — | 2014 | February 4 – 5, 2014 | May 2016 – Aug 2016 | Jan 2018 – Apr 2018 | +20.0 mo (+17.0 to +23.0) | sourced | completed |
| Coverage | active |
| Tracked since | October 10, 2026 |
| Last checked | October 14, 2026 this month |
| Profile last researched | October 14, 2026 |
| Claim |