FT. LAUDERDALE, FL-BH3 won the bid for 175 unsold units at Trump Hollywood. BH3, along with investment funds managed by King Street Capital, paid $160 million to acquire the distressed notes the project secured in 2010.

Trump Hollywood sits on a five-acre site and features two- and three-bedroom condos ranging from 2,070 to more than 7,000 square feet, all with private elevator access and panoramic ocean, Intracoastal and city views from private oversized terraces. It’s the most luxurious building on Hollywood Beach.

Miami-based Stroock & Stroock & Lavan represented BH3 in securing title to the units via a Broward Circuit Court online auction last week. BH3 used the plaintiff max bid feature on the Broward County Court’s auction site to submit a maximum bid of the judgment amount before the auction commenced. The winning bid was $100.

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