Related Group and BH Group Secure $200 Million for Ritz-Carlton Residences West Palm Beach

Related Group and BH Group land a $200M construction loan from Madison Realty Capital for the 138-unit Ritz-Carlton Residences in West Palm Beach.

By: AXL Media

Published: Mar 14, 2026, 10:56 AM EDT

Source: https://www.multihousingnews.com/

Financing and Strong Market Pre-Sales

The $200 million construction loan provided by Madison Realty Capital acts as the primary vehicle for vertical development. Market confidence in the project is exceptionally high; more than 70% of the units have already been sold or reserved, totaling approximately $150 million in pre-construction volume. Marriott International is leading the sales and marketing efforts, leveraging the global brand equity of Ritz-Carlton to attract high-net-worth domestic and international buyers.

Architectural Vision and Design Collective

The project features a "powerhouse" design team:

Architecture: Arquitectonica, known for iconic contemporary silhouettes.

Interiors: Rockwell Group, focusing on ultra-luxury hospitality aesthetics.