Terra Related BH Team Up for Hollywood Beach | Real Estate News

David Martin’s Terra Group is teaming up with Related Group and BH Group to redevelop the iconic 4.5-acre Hollywood Beach Resort, set to be acquired for $100 million from the financially strained Chetrit Group. With BH and Related already collaborating on over 20 South Florida projects, this alliance signals a major push for luxury coastal living. The historic resort, dating back to 1925 and currently home to 398 units, has fallen into disrepair — prompting critics to call it “left to decay.” As Chetrit sells off stakes across its portfolio, Martin, Related, and BH are poised to deliver a high-profile, high-impact transformation — another bold move in their string of major South Florida developments. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0868e30484773d68