Steve Ross lands $150 refi for West Palm Hilton Convention Center Hotel – TheRealDeal
Thu Jan 09 2025
Steve Ross, the billionaire developer shunning retirement to continue working in South Florida, is on a refinancing roll.
His company, Related Ross, scored a $150 million loan for its Hilton Convention Center hotel in downtown West Palm Beach. New York-based BDT & MSD Partners provided the loan, which refinanced an existing $105 million debt and bumped it up by $45 million, according to records.
The 12-story Hilton West Palm Beach was designed by Nichols Architects with 400 keys, and 30,500 sf of total event space, including a 13,366-sf ballroom. The hotel is at 600 Okeechobee Boulevard, adjacent to the Palm Beach County Convention Center.
Read more about the deal at: Steve Ross’ Related Ross Lands $150M Hilton West Palm Refi