Stephen Ross Of Related Ross Acquires The Ben Hotel From Wheelock Street Capital In West Palm Beach

The Ben Hotel is a Marriott-branded hotel situated at 251 North Narcissus Avenue, West Palm Beach. The hotel features 208 keys and is part of the Banyan Square mixed-use project, which is located near the Intracoastal Waterway. This asset was opened in 2020 and represents a strategic acquisition within a rising tourism market in Palm Beach County.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: Not disclosed
• Address: 251 North Narcissus Avenue
• Market: West Palm Beach
• Asset Type: Hotel
• Keys: 208
• Buyer: Stephen Ross - Related Ross
• Seller: Merrick Kleeman & Jonathan Paul - Wheelock Street Capital
• Broker: Robert J. Webster, Ron Danko & Timothy Southard - CBRE
• Transaction Date: February 26, 2026

Related Ross's acquisition of The Ben Hotel enhances their portfolio within downtown West Palm Beach, leveraging the growing demand for tourism in the area. The deal was facilitated by brokers Robert J. Webster, Ron Danko, and Timothy Southard from CBRE, representing the respective parties in this transaction.