Masters of Moments

Why Florida is the Future of Luxury Real Estate - Isaac Toledano - Co-Founder of BH Group [2024]


Listen Later

In this episode of Masters of Moments, Jake Wurzak sits down with Isaac Toledano for a wide-ranging conversation on his entrepreneurial journey, development philosophy, and deep commitment to Florida real estate. Isaac reflects on his early start in business at age 15 in Israel, how his risk appetite has evolved, and why partnerships are at the center of his approach. He offers a behind-the-scenes look at marquee deals like Fisher Island and Naples, sharing his methods for evaluating sites, structuring deals, and maintaining a lean, hands-on operation across 31 active projects. Isaac also dives into the importance of location, timing, and branding in condo development, and why he believes Florida remains the best place to live, work, and invest.

We discuss:

  • Why Isaac always partners with experienced developers instead of building teams himself
  • The deal structure and timing behind his landmark $122M Fisher Island acquisition
  • How he evaluates risk, and why he chooses to operate exclusively in Florida
  • The value of hands-on involvement and simple deal terms in executing large transactions
  • What buyers expect today in branded luxury condos and how developers can meet that standard
  • Isaac's primary focus centers on luxury residential properties, prime land holdings, office spaces, and mixed-use assets strategically positioned in prime locations. BH Group mitigates risk exposure by targeting large-scale, value-adding prospects within specialized markets while maximizing returns. BH Group has forged partnerships with leading real estate firms in the United States, successfully completing over 1,100 luxury residential units, with an additional 10,000 units in progress.

    This episode originally released in August of 2024.


    Links:

    BH Group - https://www.bhgroupmiami.com/


    Connect & Invest with Jake:

    Follow Jake on Twitter: https://twitter.com/jwurzak

    Take the Hospitality Investing Masterclass: https://learn.jakewurzak.com/

    Learn How to Invest with DoveHill: https://bit.ly/3yg8Pwo


    Topics:

    (00:00:00) - Intro

    (00:02:33) - Isaac’s upbringing in Israel and career

    (00:06:56) - Coming to the United States and the love for Florida

    (00:12:38) - What are your partner’s perceptions of you?

    (00:15:57) - How do you think about risk and diversification?

    (00:17:39) - How involved are you in the deal process?

    (00:20:11) - What have you learned about simplicity in complicated transactions?

    (00:25:36) - A walkthrough of a condo development

    (00:34:18) - Target returns & deal structures

    (00:37:25) - How are you compensated for your work?

    (00:39:57) - What area of Florida are you interested in investing in?

    (00:42:59) - Timing construction with sales

    (00:46:56) - Branding

    (00:51:59) - The future of Florida

    (01:00:09) - Isaac’s biggest mistake, marriage, and parenting

    (01:02:41) - Negotiation

    (01:05:04) - What is your favorite hotel?

    ...more
    View all episodesView all episodes
    Download on the App Store

    Masters of MomentsBy Jake Wurzak

    • 4.9
    • 4.9
    • 4.9
    • 4.9
    • 4.9

    4.9

    35 ratings


    More shows like Masters of Moments

    View all
    America‘s Commercial Real Estate Show by Bull Realty

    America‘s Commercial Real Estate Show

    139 Listeners

    The Best Ever CRE Show by Joe Fairless

    The Best Ever CRE Show

    992 Listeners

    We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

    We Study Billionaires - The Investor’s Podcast Network

    3,382 Listeners

    Founders by David Senra

    Founders

    2,078 Listeners

    How I Built This with Guy Raz by Guy Raz | Wondery

    How I Built This with Guy Raz

    30,286 Listeners

    Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

    Invest Like the Best with Patrick O'Shaughnessy

    2,328 Listeners

    POWERS by Chris Powers

    POWERS

    494 Listeners

    My First Million by Hubspot Media

    My First Million

    2,652 Listeners

    The Weekly Take from CBRE by CBRE

    The Weekly Take from CBRE

    160 Listeners

    The TreppWire Podcast: A Commercial Real Estate Show by The TreppWire Podcast, A CRE Show

    The TreppWire Podcast: A Commercial Real Estate Show

    216 Listeners

    The Walker Webcast by Willy Walker

    The Walker Webcast

    152 Listeners

    Acquiring Minds by Will Smith

    Acquiring Minds

    254 Listeners

    The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs by Chris Koerner

    The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

    217 Listeners

    Moneywise by Hampton

    Moneywise

    649 Listeners

    The Rent Roll with Jay Parsons by Jay Parsons

    The Rent Roll with Jay Parsons

    41 Listeners