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The Real Deal Miami

Trump Hollywood hits $90M in sales

July 13, 2011 01:00PM

After six months of new ownership, Trump Hollywood has sold 64 condos
for a total of $90 million, according to Miami-based BH3. The company
relaunched the development in January. “We’re very enthused about the
pace of sales activity,” partner Greg Freedman said. “We’re ahead of our
projections.” While 20 units at the project are still owned by
Related’s Jorge Perez, the project is just under half-sold. Perez deeded
the tower back to the lender in the fall, and BH3 paid $160
million for the mortgage. [Sun
Sentinel]