BH3 Management

Overview

BH3 Management is a vertically integrated real estate investment manager, operator, and developer founded in October 2009 by Daniel Lebensohn and Gregory Freedman, who serve as Co-Founders and Co-CEOs. The firm invests across the capital stack in both debt and equity, with offices in South Florida, New York, and Denver, and reports more than $2.5 billion in commercial real estate loans and assets acquired, managed, or developed, across more than 8 million square feet.

Source: BH3 Management (official company website)

Transactions Tracked

141 Willoughby Street Financing (Sept. 2026)

Developer

Co-acquired the tower with Capstone Equities in the July 2025 foreclosure sale (prior owner Savanna defaulted) and is filing developer for the residential conversion, per the linked Project record. BH3/Capstone control the borrowing entity (141 Willoughby Fee Owner LLC) behind this $208M financing, but neither the amount nor a lender/borrower role is specifically attributed to BH3 itself -- the Deal's own participant row lists BH3's role as 'other'.

Related Properties

Sources

1. About Us — BH3 Management
2. The Team — BH3 Management

BH3 Management's one documented Brooklyn transaction (141 Willoughby Street) is a $208M financing of a project it co-developed, not an amount BH3 itself lent, borrowed, or paid -- so no dollar figure is attributed to BH3 specifically. See the deal's own lender-side entities (Northwind Group / Ran Eliasaf) for the financing amount.