Related, BH score $200M loan for Ritz-Carlton condos in West Palm Beach
Related Group and BH Group secured $200 million in construction financing for their planned Ritz-Carlton Residences, West Palm Beach. The developers received financing from Madison Realty Capital for the 27-story, 138-unit tower slated for 1717 North Flagler Drive, according to a news release. The project is 70 percent pre-sold with $150 million in sales in the last six months, the release said. The Pérez family’s Related and Isaac Toledano’s BH Group launched sales for the Ritz-Carlton Residences in 2024 and received approval for a height bonus in October. The developers tapped a design team that includes Arquitectonica, interiors firm Rockwell […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Why the best master-planned communities are designed around everyday life
A Condo for Cars? Luxury Vehicle Storage Turns Parking into Big Business
A Beautifully Modernized Midcentury Marin Home Lists for the First Time in 60 Years
Elvis-Inspired ‘Little Graceland’ Vacation Rental Near Memphis Landmark Finds a Buyer After Listing for $175K
From Postwar Housing Solution to ‘Brady Bunch’ Fame—Is the Split-Level Home Ready for a Comeback?
From ‘mystery vacations’ to hostels, budget travelers get thrifty as prices rise
Housing year-over-year comps need context for the rest of 2026
Dramatic Waterfront Estate Overlooking a Bird Sanctuary Near the Catskills Is Listed for $2.45 Million
Nashville’s ‘Laid-Back Luxury’ Attracts Homebuyers Far Beyond the Music Industry
Miss America Winner Won’t Just Take Home a Crown—She’ll Win the Keys to a Luxury High Rise Apartment in NYC
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131