Related Ross lands $157M construction loan for more West Palm Beach condos
Related Ross scored a $157 million construction loan for Shorecrest, his second condo project in West Palm Beach. The firm, headed by billionaire Steve Ross, landed the loan from Steven Tananbaum’s GoldenTree Asset Management, which also contributed to the $600 million construction financing for Ross’ other West Palm Beach condo project, South Flagler House. Shorecrest is set to span 28 stories and 98 units at 1865 North Flagler Drive, the former site of West Palm Beach’s Temple Israel, according to a news release. Corcoran Sunshine Marketing is leading sales, with prices starting at $3 million and construction expected to finish […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Blue Jays’ Mad Max sells under-construction Admirals Cove estate for $23M
Butters targets tech, pharma with plans for low-rise light-industrial in Boca Raton
Opterra’s Holiday Inn hotel-to-resi conversion moves ahead in Boca Raton
Inventory drops for first time since 2023 as sales rebound across coastal Miami, beaches
Brian Tuttle loses Main Street dev site in $60M bankruptcy sale
Wave Group, partners launch short-term-rental friendly Wynwood condos
Ultra-luxury brings heat as Palm Beach home sales surge
Why Earnest Money Matters to Sellers
RE Q&A: Who Pays for Noncompliant Fence?
Fla.’s March, 1Q Housing: Closed, Pending Sales Up
