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Cain and Eldridge Secure $4.3 Billion Financing for One Beverly Hills

The deal signals lender confidence in ultra-luxury demand in Beverly Hills.

Overview

  • The joint venture behind One Beverly Hills secured $4.3 billion in construction funding to finish the 17.5-acre project.
  • J.P. Morgan is providing a $2.8 billion senior loan, with $1.5 billion in mezzanine financing from Vici Properties.
  • The developers say strong condo sales and new luxury brand partnerships helped win support from the lenders.
  • Recent coverage points to first openings in 2028, though one outlet still lists a 2027 phased completion.
  • The plan includes an Aman hotel and branded condos in two towers up to 31 stories, a refreshed Beverly Hilton, about 45 shops and restaurants, and 8.5 acres of gardens.