BH Group: Isaac Toledano's $11B South Florida Pipeline

Originally published August 4, 2026. Updated October 4, 2026.

Isaac Toledano immigrated from Israel to South Florida in 2000 as a 25-year-old mortgage broker. Twenty-five years later, BH Group, the company he built with his wife Liat, has $11 billion in the development pipeline across South Florida, partnerships with Jorge Pérez's Related Group, Kolter Group, Lennar, and Israeli billionaire Teddy Sagi, and a seat on The Real Deal's Top 100. Below is the full project ledger.

BH Group's Active Pipeline

Project	Location	Scale / Status	Partner
The Residences at Six Fisher Island	Fisher Island (northern shore)	Pre-sold $650M worth of units in 2025	Related Group
Fisher Island land acquisition	Fisher Island	6.5 acres; closed for ~$123M, September 2022	Capital: Teddy Sagi
Ritz-Carlton Residences West Palm Beach	1717 N. Flagler, West Palm Beach	138-unit waterfront tower	BH Group
W Pompano Beach Hotel & Residences	Pompano Beach	3.7-acre oceanfront development	Related Group
Hollywood Beach luxury condo tower	Hollywood Beach	Active development	BH Group
The Eclipse	Boca Raton	Mixed-use; retail + existing Office Depot HQ	BH Group
Aventura single-family homes	Aventura	103 homes; first single-family build in Aventura in 25 years; 20+ sold at publication	Lennar
Southland Mall + shopping centers/offices	Miami	Held commercial assets, not for sale	BH Group (owned)

The Builder: From Mortgage Broker to $11 Billion Pipeline

Toledano, born Yizhak, started at a residential loan firm called The Mortgage House in 1999. The transition from lending to development was fast. A year after immigrating, he bought, renovated, and sold his first apartment complex in North Miami. By the mid-2000s he was building. By the 2010s, BH Group was accumulating waterfront land and luxury development sites across Miami-Dade, Broward, and Palm Beach counties. The firm's DNA: luxury branding, waterfront locations, design-driven architecture, and heavyweight partners.

The Sagi Connection

Teddy Sagi, the seventh-richest Israeli with a net worth exceeding $5 billion, built on Playtech and fintech investments, is the financial architect behind several of BH Group's largest deals. Sagi underwrote the trio's purchase of the 6.5-acre Fisher Island property, which closed for nearly $123 million in September 2022. The partnership structure: Sagi provides the capital, Pérez's Related Group brings the brand and entitlements, and Toledano's BH Group runs the development.

From his apartment in Dubai, Sagi describes himself as the moneyman. Toledano is the operational engine, the one in the room when the city committee votes, the one managing the general contractor, the one who knows which lot on which street will be worth what in three years.

A Family Business With a Generational Horizon

BH Group is a family company. Isaac and Liat Toledano own it. They have eight children, three have already joined the business. The firm's stated motivation is generational: build a company for the next Toledano generation, not for a private equity exit. That orientation shapes BH Group's strategy: accumulate land, hold commercial assets, develop across cycles. The firm owns the Southland Mall in Miami, shopping centers, and office buildings alongside its condo projects.

The development with Lennar, 103 luxury single-family homes in the Aventura market, is a signal. No single-family homes had been built in Aventura for 25 years. BH Group and Lennar broke the drought. Construction is underway, with over 20 homes sold at publication time.

The Clandestine Playbook

BH Group is deliberately opaque. Its website, bhgroupmiami.com, shows rotating images of luxury projects and a one-line description. No About Us tab. No team page. No portfolio list. The Real Deal described the approach as "ambitious just as much as it is clandestine." Toledano himself has built a personal brand as an independent developer, but BH Group as a company avoids the ballyhoo.

The secrecy is strategic. In a market where land deals are won by speed and relationships, not press coverage, BH Group's low profile is a competitive advantage. By the time the market learns about a BH Group acquisition, the deal is closed and the entitlements are in motion.

What BH Group Means for the Florida-Israel Corridor

Israeli real estate in South Florida is not a new story. Michael Dezer and Gil Dezer built the model in Sunny Isles decades earlier, and Michael Shvo attempted a version of it in Miami Beach and Brickell. But the scale of BH Group's footprint sets Toledano apart: $11 billion in pipeline, partnerships with Related and Sagi, commercial holdings, residential towers, and single-family developments together put him in a different category. He is not a developer who happens to be Israeli. He is an Israeli builder who has reshaped multiple South Florida submarkets from Aventura to Fisher Island to West Palm Beach. The corridor's real estate layer has its own architect.

Frequently Asked Questions

Who is Isaac Toledano?

Isaac Toledano is the Israeli-born founder of BH Group, a South Florida real estate developer he built with his wife Liat. He immigrated from Israel to South Florida in 2000 as a 25-year-old mortgage broker.

How big is BH Group's development pipeline?

BH Group has $11 billion in its South Florida development pipeline, spanning Aventura, Fisher Island, Pompano Beach, Hollywood Beach, Boca Raton and West Palm Beach.

What projects is BH Group building?

Active projects include The Residences at Six Fisher Island, which pre-sold $650 million of units in 2025, the 138-unit Ritz-Carlton Residences West Palm Beach, W Pompano Beach Hotel & Residences, a Hollywood Beach condo tower, The Eclipse in Boca Raton and 103 single-family homes in Aventura with Lennar.

What is Teddy Sagi's role in BH Group's deals?

Teddy Sagi provides capital. He underwrote the purchase of the 6.5-acre Fisher Island property, which closed for nearly $123 million in September 2022, while Related Group brings the brand and entitlements and BH Group runs the development.

Who owns BH Group?

BH Group is a family company owned by Isaac and Liat Toledano. They have eight children, and three have already joined the business.

Why are the Aventura homes significant?

The 103 luxury single-family homes BH Group is building with Lennar are the first single-family homes built in Aventura in 25 years. More than 20 had sold at the time of publication.

This article is part of Olam's Florida-Israel section, ongoing reporting and research on the capital, companies, and community building the Florida-Israel corridor.

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