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BH3 Growth Equity

BH3 invests throughout the real estate capital stack in debt, development, and opportunistic equity, with a recent expansion into Growth Equity focused on operating businesses in real estate, construction, and adjacent industries including Out-of-Home Advertising. The firm aims to create value by leveraging its experience, relationships, and real asset portfolio across its institutional and private investment products.

Check Size

Not specified

Stages

Growth, Late Stage

Focus Areas

Other, Proptech, Adtech

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Investment Thesis

BH3 is a vertically integrated real estate investment firm that deploys capital across the entire real estate capital stack—debt, equity, and development—with a focus on creating value through operational expertise, market relationships, and hands-on asset management. Founded in 2009 immediately after the financial crisis, the firm has developed deep expertise in sourcing, underwriting, and executing both performing and non-performing credit investments, as well as opportunistic development deals across multiple property types and geographies.

What They Look For

Portfolio Highlights

Heritage Outdoor Media

Out Of Home Advertising

Las Vegas Billboards

Out Of Home Advertising

CarbonCure

Sustainable Building Materials

Crixus BH3 Acquisition Company

Spac

Investment Team

13 Partners at BH3 Growth Equity

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