BH Group: Isaac Toledano and the Israeli Developer Reshaping South Florida's Skyline

Isaac Toledano immigrated from Israel in 2000. BH Group now has $11B in South Florida pipeline — Six Fisher Island, Ritz-Carlton WPB, partnerships with Related Group and Teddy Sagi.
Isaac Toledano immigrated from Israel to South Florida in 2000. He was 25, working as a mortgage broker. A year later he bought, renovated, and sold his first apartment complex in North Miami. 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.
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. 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.
BH Group's current active projects tell the story. The Residences at Six Fisher Island — a joint venture with Related Group on the northern shore of the ultra-exclusive Fisher Island — pre-sold $650 million worth of units in 2025. The Ritz-Carlton Residences in West Palm Beach, a 138-unit waterfront tower at 1717 N. Flagler. The W Pompano Beach Hotel & Residences, a 3.7-acre oceanfront development with Related. A luxury condo tower on Hollywood Beach. The Eclipse, a mixed-use development in Boca with retail and the existing Office Depot headquarters.
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. But the scale of BH Group's footprint — $11 billion in pipeline, partnerships with Related and Sagi, commercial holdings, residential towers, single-family developments — puts Toledano 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.
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.
Related on Olam
- Florida Is Israel's New American Address
- Florida–Israel Real Estate: The Israeli Developers Building South Florida's Luxury Skyline
- Adam Neumann's Flow Bets $200 Million on Florida
Olam and 5W AI Communications share common ownership. Olam reports independently on the Israeli economy, including on research produced by 5W. Editorial decisions are made by Olam's editorial team.
Ronn Torossian is the founder and chairman of 5W AI Communications, the AI Communications Firm. He is the publisher of Everything-PR and the author of two best-selling editions of For Immediate Release.

