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Palm Beach investors expand Royal Palm Way portfolio
Schlager and Rosenberg add another commercial property to their holdings on the island's 'Bankers Row'
Apr. 13, 2026 at 2:17pm
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A prestigious Palm Beach address on Royal Palm Way changes hands in an off-market real estate deal.Palm Beach TodayReal estate investors Spencer Schlager and Charles "Charlie" L. Rosenberg have closed an off-market deal to acquire an additional commercial property on Royal Palm Way in Palm Beach, Florida. The street is known locally as "Bankers Row" due to its concentration of financial institutions.
Why it matters
Royal Palm Way is a prime commercial district in Palm Beach, and the acquisition by Schlager and Rosenberg further consolidates their presence and influence in this high-profile area. The deal highlights the continued investment interest in Palm Beach's commercial real estate market.
The details
Schlager and Rosenberg's latest acquisition expands their existing commercial holdings on Royal Palm Way, a street known for its many financial institutions. The amount of the transaction was not disclosed, as it was an off-market deal.
- The deal closed on April 13, 2026.
The players
Spencer Schlager
A real estate investor who, along with Charles Rosenberg, has expanded his commercial portfolio on Royal Palm Way in Palm Beach.
Charles "Charlie" L. Rosenberg
A real estate investor who, along with Spencer Schlager, has expanded his commercial portfolio on Royal Palm Way in Palm Beach.
The takeaway
The acquisition by Schlager and Rosenberg demonstrates the continued appeal of Palm Beach's commercial real estate market, particularly along the prestigious Royal Palm Way corridor, which has long been a hub for financial institutions and other high-end businesses.
