Miami-based BGI Capital has closed on a $95 million construction loan sourced in partnership with Wexcor Capital, a New York City-based real estate investment, management & advising firm, and financed by Kriss Capital, an New York City-based direct lender making construction and bridge loans on residential assets, to fund the completion of Alba Palm Beach.
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Related Companies Launches Sales For Robert A.M. Stern Architects-Designed 'South Flagler House' in West Palm Beach
Related Companies is set to launch sales for South Flagler House, an unparalleled luxury residential development located along the Gold Coast in West Palm Beach, featuring exquisite design and spectacular waterfront views. The first luxury residential high-rise in Florida designed by world-renowned architecture firm Robert A.M. Stern Architects (RAMSA), South Flagler House continues Related Companies’ longstanding partnership with the firm.
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Rendering via BINYAN Studios
FIRST ON PROFILE: Terra Unveils Plans For Mr. C Hotel & Residences in West Palm Beach With Signature Bellini Restaurant
FIRST ON PROFILE: West Palm Beach will soon welcome its first branded luxury real estate development to one of Florida’s fastest growing metropolitan cities. Terra, one of South Florida’s most active real estate development firms, and the Palm Beach-based Morrison family’s Sympatico Real Estate, have unveiled plans for Mr. C Hotel & Residences in West Palm Beach, Florida.
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Housing Trust Group Delivers Flagler Station Affordable Apartment Community in West Palm Beach
Housing Trust Group (HTG), a developer of market-rate and affordable housing, has completed Flagler Station, a new $33 million affordable apartment community located in downtown West Palm Beach, Florida. It is the first new affordable apartment community to be built in the city’s downtown in 30 years.
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Luxury Waterfront Boutique Condo Alba Palm Beach Breaks Ground In West Palm Beach
BGI Companies and Blue Road Group have broken ground on Alba Palm Beach, a collection of 55 boutique luxury residences, including a limited collection of four unique two- and three-story townhomes, each with unobstructed views of the serene Intracoastal Waterway and their own private plunge pools. Alba Palm Beach has an expected completion in 2025 and is located at 4714 N. Flagler Drive in West Palm Beach.
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Demolition Underway At Future Waterfront Site of Olara In West Palm Beach
Demotion has commenced on the future waterfront site of Olara in West Palm Beach, a luxury condominium tower that overlooks the Intracoastal Waterway. Olara is being developed by Savanna, a vertically integrated real estate investment and development firm with offices in New York and West Palm Beach. Set to transform he waterfront of North Flagler at 1919 North Flagler Drive, Olara will deliver premier condominium residences, 80,000 square feet of exclusive amenities.
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Residence At The Bristol In West Palm Beach Trades For Record $21 Million, Double Its 2019 Purchase Price
A residence at The Bristol in West Palm Beach has just closed for $21 million, double what it previously traded for in 2019 and the highest price ever paid for a single unit at the coveted residential building. Per public record, Samantha Curry with Douglas Elliman, who has sold close to $400 million at The Bristol, represented the seller. Steve Hall with Compass represented the buyer.
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Record Breaking Condo Sale At The Bristol In West Palm Beach Tops $3,364 Per Square Foot
A 3-bedroom condo at The Bristol in West Palm Beach has just traded for $12,025,000, marking a record sale at the iconic condo tower at $3,364 per square foot. Samantha Curry and Daniel Ekerold with Douglas Elliman represented the seller, while Brooke Murphy and Kyle Blackmon of Compass represented the buyer. Located at 1100 S Flagler Drive #1403, the stunning 3 bed + den residence features over 4,200 total square-feet.
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West Palm Beach Condo Development Alba Palm Beach Locks Down $82 Million Construction Loan
Private real estate lender Trez Capital funded an $82 million loan to build Alba Palm Beach, a luxurious waterfront condominium project that will soon rise in West Palm Beach, Florida. The new development is located directly on the west bank of the Intracoastal Waterway in the emerging Northwood neighborhood.
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Brightline Completes First Major Construction Zone For Orlando Extension
Brightline has completed its first major construction zone (Zone 2) on its 170-mile extension from West Palm Beach to Orlando International Airport (OIA). One of four zones along this extension, Zone 2 is a 3.5-mile-long section on Brightline’s corridor leading into OIA and represents one of the most complex and challenging areas for construction in the entire project.
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