Ocean One project in Boynton Beach starts with Cantor, Silverstein equity and Madison debt
Silverstein Properties is both a development partner and, through affiliates, an equity provider on the 371-unit Boynton Beach project.
At a glance
Work has started on Ocean One, a 371-unit Class A mixed-use development in Boynton Beach.
Connect CRE reports equity funding from affiliates of Cantor Fitzgerald and Silverstein Properties, with construction financing from Madison Realty Capital.
Work has started on Ocean One, a 371-unit Class A mixed-use development in Boynton Beach. The development team includes Hyperion Group, Winter Properties, WREP and Silverstein Properties.
Connect CRE reports equity funding from affiliates of Cantor Fitzgerald and Silverstein Properties, with construction financing from Madison Realty Capital. Silverstein Properties is both a development partner and, through its affiliates, an equity provider.
Madison Realty Capital manages about $5.6 billion in regulatory assets as of Oct. 3. On Oct. 2 this publication reported the firm funded a $127 million take-out loan on the Arcadian, a 502-unit Fort Lauderdale project from The Fuse Group and KREA Developments.
Separately, the Puget Sound pipeline shrank over the past year as developers cancelled approved projects, according to Kidder Mathews data this publication covered in September.
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