Jorge Pérez, BH have Hollywood oceanfront landmark under contract from Chetrit Group

by TRD Staff

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.

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