Apr 21, 2025

Glass House Boca Raton, an Intimate Luxury Development in Downtown Boca Raton, Reaches Agreement with Maxim Capital for $9 Million in Early Work Financing

Developer 280 E Palmetto Park Road LLC’s Glass House Boca Raton, the first modern glass building in the heart of downtown Boca Raton, closed on $9 million in early work development financing from Maxim Capital. The transaction was brokered by Arrow Real Estate Advisors, a premier real estate finance advisory firm. The nine-story residential development is slated for completion in Q2 2027. Arrow Real Estate Advisors’ Morris Betesh, founder and managing partner; Morris Dabbah, senior vice president; and Louis Halperin, associate, helped to secure the loan. The financing provides 280 E Palmetto Park Road LLC’s development team with the capital required to construct the underground parking garage, with the goal of having the project ready for vertical construction by the end of summer 2025. Glass House Boca Raton is expected to top off in Q1 2026, with full completion targeted for Q2 2027.

A rendering of Glass House Boca Raton
A rendering of Glass House Boca Raton
A rendering of Glass House Boca Raton

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.