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An Equity investment with BH3 Management 

68 unit Malibu Condo Development.
Originally developed as Condos but had remained as rental units. 
BH3 will form a condo association, reposition the property to an upscale finish and sell each condo.

Renamed Prive Malibu, the collection of luxury condominiums offers ocean views, bespoke finishes, thoughtfully curated amenities such as a pool, spa, fitness center, tennis and pickleball courts, yoga lawn and Zen Garden.

https://liveprivemalibu.com/

Recent News & Awards:

* 1Q26 - Renovations Completed and Sales Process Commences

* October 2024 - Acquisition Closing

* 3yr projected timeline

 

* 36.2% projected IRR

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