Hyperion, Silverstein & Winter Land $108M Loan for Ocean One Apartments in Boynton Beach

Key Points

• A $108M construction loan will fund Ocean One, a 371-unit luxury rental community in Boynton Beach, Florida 
• Madison Capital provided the debt, while Newmark arranged equity and financing
• The eight-story project will feature high-end amenities and ground-floor retail

What The $108M Loan Means For Ocean One In Boynton Beach

Developers Hyperion Group, Silverstein Properties, and Winter Properties have secured a $108 million construction loan to move forward with Ocean One, a luxury multifamily project in Boynton Beach. The financing, provided by Madison Capital, clears the way for the construction of the eight-story community in Central Palm Beach County. The project will deliver 371 rental units on a 3.71-acre site, adding new supply to one of South Florida’s fastest-growing rental corridors.

What The Financing Structure Means For Multifamily Capital Markets

Newmark helped assemble the project’s capital stack, coordinating both equity and debt placement. Adam Doneger, Avery Klann, and Hampton Beebe led the equity raise for the development team, while Jordan Roeschlaub, Nick Scribani, and Holden Witkoff secured the construction financing. The deal reflects continued lender and investor appetite for well-positioned Sun Belt multifamily despite tighter underwriting conditions.

What The Project Design Means For Renters

Ocean One is positioned as a lifestyle-focused rental community targeting modern South Florida renters. Amenities will include a resort-style pool and spa, fitness center, pickleball court, co-working areas, sports simulator, and ground-floor retail. Residences will range from junior one bedrooms to two-bedroom units, catering to both young professionals and small households.

What Arquitectonica’s Role Means For Market Positioning

The project is designed by Arquitectonica, a globally recognized architecture firm with a strong South Florida presence. Design pedigree remains a major leasing advantage in competitive Palm Beach County submarkets, where renters increasingly prioritize modern finishes and amenity-driven living environments.

What This Development Means For Boynton Beach’s Growth

Ocean One adds momentum to Boynton Beach’s emergence as a strategic rental market between West Palm Beach and Boca Raton. With population growth and in-migration continuing across Palm Beach County, developers are targeting well-located sites that offer access to jobs, transit, and coastal lifestyle amenities. Securing construction financing positions Ocean One to deliver new inventory into a supply-constrained segment of the market.