Charles Cohen Secures $400M Construction Loan for West Palm Beach Tower

Developer Charles S. Cohen has secured complete construction financing for West Palm Point, a planned Class AA+ office tower in West Palm Beach, Florida, according to an announcement dated October 29, 2026. The project carries a total development cost of approximately $400 million, marking one of the more significant commercial real estate financings in South Florida in recent memory.

Cooper Horowitz arranged the construction loan for the 438,000-square-foot tower, which Cohen Brothers Realty Corporation of Florida is developing. The involvement of a specialized debt arranger underscores the complexity and scale of financing large-scale office construction at a time when lenders have remained cautious about the asset class nationally.

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West Palm Beach has emerged as one of the most active office markets in the United States over the past several years, drawing financial firms, hedge funds, and corporate relocations from the Northeast. The West Palm Point project reflects continued developer confidence in the submarket's ability to absorb premium office space despite broader uncertainty in commercial real estate credit markets.

Charles S. Cohen serves as president and CEO of Cohen Brothers Realty Corporation of Florida, a firm with an established track record in high-end commercial development. Securing full construction financing — rather than partial or phased funding — signals strong lender conviction in both the market and the sponsorship behind the project.

Continue reading at Real Estate for additional details on the financing structure and project timeline.