Maxim Capital Lends $70M on Boca Raton Resi Tower

“This financing will propel Glass House toward completion and solidify its position as a luxury icon in the heart of Boca Raton,” Ziv said in a statement. 

Located at 280 East Palmetto Park Road in Downtown Boca Raton, the 28-residence project has presold more than one-third of the condos with prices ranging from $2.7 million to over $8 million, according to Arrow. Community amenities will include a fitness center, sauna, steam room and lounge. 

“This financing positions the project for continued success as it moves into vertical construction and toward completion in 2027,” Betesh, founder and managing partner of Arrow, said in a statement. 

Read full article here: Maxim Capital Lends $70M on Boca Raton Resi Tower – Commercial Observer