Hyperion Group, Silverstein Properties and Winter Properties obtained financing for Ocean One, a 371-unit luxury multifamily project in Boynton Beach. Madison Capital provided a $108 million construction loan, and Newmark arranged an equity placement.
Newmark’s Adam Doneger, Avery Klann and Hampton Beebe represented Hyperion Group and Winter Properties in the equity raise, while Jordan Roeschlaub, Nick Scribani and Holden Witkoff secured the construction financing.
Ocean One will rise eight stories across approximately 3.71 acres in Central Palm Beach County. The development will feature a mix of junior one-bedroom, one-bedroom and two-bedroom residences. On-site amenities will include a pool and spa, fitness center, pickleball court, co-working spaces, sports simulator and ground floor retail.
Arquitectonica designed the project.
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