Berkeley Palm Beach Obtains $62.5M Financing

The Berkeley Palm Beach closed on a $62.5 million pre-construction loan with JVP Management for the 25-story, 193-residence development rising on Clear Lake in downtown West Palm Beach.

Designed by Arquitectonica, the tower features 193 residences, including four penthouses, ranging from two to five bedrooms.

Amenities span multiple levels. At the ground floor, residents will have access to concierge services, a library, a co-working lounge and pet-friendly amenities. The seventh-floor amenity deck introduces a resort-style pool with cabanas, spa treatment rooms, wellness and fitness facilities, a golf stimulator, and landscaped lawns for yoga and events. At the rooftop, there is a swimming pool and jacuzzi, a sky lounge and bar, private dining with a chef’s kitchen, and terraces with panoramic views of Palm Beach and beyond. Residents will also benefit from UPLIN Health’s In-Home Concierge Health Services, providing personalized wellness and medical care in the privacy of their residences.