Image: From left: BH Group’s Isaac and Liat Toledano; Kolter Group’s Robert Julien; a rendering of the proposed condominium project at 2305 Northeast 123rd Street
BH Group landed a new partner to redevelop a waterfront North Miami site approved for a boutique condominium, The Real Deal has learned.
Kolter Urban, a division of Delray Beach-based Kolter, and Aventura-based BH paid $20 million for the former White House Inn property at 2305 Northeast 123rd Street, representatives for both development firms confirmed to TRD.
…The joint venture intends to continue operating the property as a hotel. Kolter is led by CEO Bobby Julien.
