Charles Cohen scores $385M for delayed West Palm office project, as South Florida construction loans flow

Charles Cohen scored $385 million in construction debt for its office project in downtown West Palm Beach, finally under construction after years of delay.  New York-based Cohen Brothers Realty obtained the financing for its 23-story, 438,000-square-foot West Palm Point building that will sit on a city block at 850 South Quadrille Boulevard.  The financing package consists of a $350 million loan and a $35 million loan, according to Cooper Horowitz’s Robert Horowitz, who arranged the debt. He declined to disclose the lenders.  Designed by Pelli Clarke & Partners, with Nichols Architects as architect of record, the $400 million West Palm […]

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