SOUTH FLORIDA NEWS - West Palm Beach real estate

Stephen Ross Buys The Ben Hotel in a $190M Move that Reinforces West Palm Beach Growth

According to Bloomberg, the billionaire’s firm, Related Ross, has agreed to acquire The Ben from Wheelock Street Capital for a reported price of about $190 million. Stephen Ross buys The Ben hotel in what could become one of downtown West Palm Beach’s most significant hospitality transactions in recent years. If the deal closes as expected, it reinforces Ross’s expanding bet on West Palm Beach and highlights growing institutional confidence in the city’s downtown core. The move goes beyond tourism, pointing to rising demand tied to business travel, executive activity, and events that increasingly influence office leasing, restaurant traffic, and nearby residential values.

Key Takeaways

• Stephen Ross buys The Ben hotel in a reported $190 million…

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Luxury West Palm Beach Condo Development by Great Gulf

Another tower is rising in West Palm Beach, and this one comes from a developer with a proven track record. Toronto-based Great Gulf has just received approval to build a 31-story luxury condo tower at 5400 North Flagler Drive, marking its second major West Palm Beach condo development after the success of La Clara.

What to Know About the New West Palm Beach Condo Development?

Located along the Intracoastal Waterway, this West Palm Beach condo development offers breathtaking views and prime waterfront access. The tower replaces the aging Poinsettia Apartments, a two-building, 72-unit complex built in 1966.  

While slightly north of downtown, the area is gaining attention for its quieter surroundings and water access. It’s also near Northwood, an…

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What the West Palm Beach Healthcare Boom Means for Real Estate

Investors and residents are taking notice of the region’s evolving landscape. The West Palm Beach healthcare expansion is driving much of this transformation, with hospitals and medical centers fueling rapid growth. Communities from downtown to Jupiter and Wellington are seeing increased demand for housing, offices, and mixed-use developments.

West Palm Beach Healthcare Boom

Since the pandemic, world-renowned healthcare providers have turned their attention to Palm Beach County. Institutions like Cleveland Clinic, NYU Langone, Mass General Brigham, Hospital for Special Surgery (HSS), and Northwell Health are building new hospitals, opening specialty clinics, and offering concierge medical services to meet the needs of a growing, well-insured…

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Why Are Fewer Canadians Buyers in West Palm Beach?

Interest from Canadian homebuyers in West Palm Beach is falling fast. According to a Redfin report, the number of Canadians buying homes in West Palm Beach dropped by 26.6% year-over-year as of August 2025. This decline is sharper than in any other major U.S. metro area.

While Canadians Buyers in West Palm Beach have long been a major force in South Florida real estate, things are changing. With a weaker Canadian dollar and shifting economic and political concerns, fewer Canadians are shopping for homes in the U.S.

Canadian Interest in West Palm Beach Real Estate Is Dropping

Redfin's August 2025 data shows a dramatic 26.6% decline in searches from Canadian users for homes in the West Palm Beach area.

Compare that to:

• Fort Lauderdale:…

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The Berkeley Secures a $62.5M Loan for West Palm Beach Luxury Condos

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.

Developer Spotlight: Al Adelson’s Vision Continues

Al Adelson is no stranger to building luxury landmarks. After his success with The…

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West Palm Beach Real Estate Expands with 8-Story South End Development

West Palm Beach real estate just keeps getting better. An 8-story building at 8111 South Dixie Highway in West Palm Beach is officially ready for construction. A collaboration between Woodfield Development and Flagler Realty & Development, the project promises a complete transformation of the South End neighborhood, with potential benefits for local real estate.

A Transformational Project at 8111 S. Dixie Highway

Along the C-51 Canal, this eight-story building is sure to make a splash: 358 residential units, 19,000 square feet of retail, and even better, 90 of those units will be affordable housing units. 

During the groundbreaking, city officials, including West Palm Beach Mayor Keith James, hailed the project's potential. "We are very…

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