The Berkeley Secures a $62.5M Loan for West Palm Beach Luxury Condos
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A $62.5 million pre-construction loan from New York-based JVP Management has cleared the way for The Berkeley Palm Beach, a new 25-story luxury condo tower overlooking Clear Lake. Developed by Al Adelson, the same name behind The Bristol, The Berkeley is set to redefine high-end condo living in the downtown area.
This major investment signals renewed confidence in West Palm Beach’s growth and high-end housing market. West Palm Beach luxury condos are at the center of this trend, with JVP also indicating it may offer construction financing in 2026, further affirming the potential of this waterfront project.
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