BH3 Management
BH3 Management portfolio
$33.8 million* – condo 100.0%; Manhattan 100.0%, Bronx 0.0%
1238th largest portfolio by dollar value
77,494 sqft – condo 100.0%;
2239th largest by SF
52 properties – Manhattan 100%, Bronx 0%
190th largest
5 residential units – Manhattan 100.0%, Bronx 0.0%
5350th largest by residential units
0 foreclosures, 3 bankruptcies, 3 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $50 million
Lender company: 1 for $35.3 million
Top Ten Associated Companies:
Magnum Real Estate Group (1), Xin Development Group International (1)
Top Ten Associated People:
Benjamin Shaoul (1), Sheng Zhang (1)
Recent activity as company:
• Xin Development Group International sold 500 West 45th Street, 500 West 45th Street, 500 West 45th Street, 500 West 45th Street, 500 West 45th Street, and others, Hell’s Kitchen, Manhattan for $50 million to BH3 Management on October 24, 2024.
• Magnum Real Estate Group borrowed $35.3 million from BH3 Management for 140 West Street, 140 West Street, 140 West Street, and 140 West Street, None, Manhattan on October 08, 2024.
• GFI Capital Resources Group borrowed $59 million from Rialto Capital Management for 61 Bond Street, Boerum Hill, Brooklyn on May 05, 2022.
• Pasquale Ciullo borrowed $5.8 million from Hirshmark Capital for 439 East 77th Street, Upper East Side, Manhattan on December 28, 2021.
Latest Stories:
• Xin Development Group places $123M Hell’s Kitchen condo in bankruptcy (January 08, 2024)
• Magnum Real Estate signs $74.9M condo inventory loan with Ares Commercial in FiDi (May 06, 2021)
• iStar pays $45M to GFI for ground under Downtown Brooklyn hotel (February 11, 2021)
Court Records:
Properties: