Category: preconstructionloan
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Berkeley Palm Beach Gets $62.5M Loan for Luxury High-Rise
The Berkeley Palm Beach has closed on a $62.5 million pre-construction loan with New York-based JVP Management, marking a significant milestone for the 25-story, 193-residence development rising on Clear Lake in downtown West Palm Beach. “This milestone is more than financing; it is validation of West Palm Beach’s extraordinary trajectory,” said Al Adelson, Developer of The…