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One Beverly Hills, a mixed-use urban destination anchored by luxury hospitality and residential uses, has secured a $4.3 billion financing package to complete its development. The planned enclave will feature Aman Beverly Hills and The Beverly Hilton, positioning the project as a high-profile addition to the local lodging and residential landscape. According to the sponsors, the capital raise is among the largest financings of its kind completed in the last decade.
The financing is led by J.P. Morgan and VICI Properties Inc. and is intended to carry the project through completion. While specific loan terms were not disclosed, the new capital is described as sufficient to finalize construction and deliver the full master-planned program. The structure underscores the role of large institutional capital providers in backing complex, multi-asset hospitality and residential environments at scale.
The 17.5-acre development is sponsored by Cain in partnership with Eldridge Industries. The master plan will connect a refurbished Beverly Hilton, which hosts events such as the Golden Globes and the Milken Global Conference, with the Waldorf Astoria Beverly Hills. The integrated site will also include 1,800 underground parking spaces, supporting both guest and resident access and accommodating large event traffic associated with the hospitality components.
The Beverly Hilton is undergoing refurbishment as part of the broader One Beverly Hills vision, linking legacy hotel assets with new ultra-luxury offerings. Aman Beverly Hills is expected to complement the existing hospitality ecosystem, while the Waldorf Astoria Beverly Hills will be integrated into a cohesive, high-end campus. The combination of established brands and new development is designed to reinforce the area’s positioning as a global destination for luxury hospitality and residential living.
Jonathan Goldstein, co-founder and CEO of Cain, said the financing reflects the confidence capital providers and market participants have in the project’s strategy. He cited demand from residential buyers and global brands as evidence of the project’s appeal, highlighting both the strength of the hospitality partners and the enduring draw of the Beverly Hills market. Goldstein framed the transaction as a market validation of the project’s long-term positioning.
The sponsors did not disclose the detailed capital structure, timing for full build-out, or specific residential program metrics. However, the scale of the financing and the inclusion of multiple globally recognized hotel flags signal an effort to deliver a large, integrated luxury destination rather than a single-asset development. With its combination of hotel, residential, and substantial structured parking, One Beverly Hills aims to consolidate several high-profile hospitality assets into a contiguous, master-planned environment supported by significant institutional capital.
The post One Beverly Hills Secures $4.3B Financing to Complete Mixed-Use Development appeared first on CRE Market Beat.
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