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Florida & Gulf Coast  + South Florida  + Apartments  | 
Credit Suisse Asset Management and Trinity Real Estate Investments, LLC have acquired The Diplomat Beach Resort in Hollywood from a Brookfield private real estate fund.

Related Group, BH Plan Residential Tower Adjacent to Hollywood Resort

The Related Group and BH Group have revealed plans for a luxury residential tower at the Diplomat Beach Resort in Hollywood, the South Florida Business Journal reported. The plan for Diplomat Landings comes on the heels of last month’s $835-million acquisition of the hotel and convention center by Honolulu-based Trinity Real Estate Investments and Credit Suisse Asset Management. 

Following the acquisition, the buyers struck a deal for Miami-based Related Group and Aventura-based BH Group to jointly develop the west side of the property along the Intracoastal Waterway, according to the Business Journal

The city’s Technical Advisory Committee will consider plans for Diplomat Landings on April 3. The 37-story tower would total 685,264 square feet with 350 residential units and a 110-space parking garage.  

A 2026 completion date is envisioned for the $55-millon property, which was designed by Miami Lakes-based Cohen Freedman Encinosa & Associates, the Business Journal reported. 

Pictured: The Diplomat Beach Resort in Hollywood, FL.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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