Apr 25, 2025
Glass House Boca Raton Reaches $9M Financing Agreement
The developer of the Glass House Boca Raton, the first modern glass building in downtown Boca Raton, closed on $9 million in early work development financing for the nine-story residential development. 280 E Palmetto Park Road LLC inked the deal with Maxim Capital. Arrow Real Estate Advisors, a real estate finance advisory firm, brokered the loan with Morris Betesh, the founder and managing partner, Morris Dabbah, the senior vice president, and Louis Halperin, an associate, securing the capital required to build the underground parking garage, which will pave the way for vertical construction by the end of the summer. The project officially broke ground earlier this month.