The developers of One Beverly Hills have secured $4.3 billion in financing to complete the project, another milestone for one of the largest real estate projects underway in the country. <\/p>\n
Work on the high-end residential and hotel complex, which will include the tallest buildings in Beverly Hills, began in 2024 and went vertical in November 2025. It is set to open in 2028.<\/p>\n
\u201cSignificant\u201d sales of condominiums and commercial partnerships with Aman and other upmarket brands including Dolce & Gabbana prompted lenders JPMorgan Chase & Co. and VICI Properties Inc. to get behind the project, developers said. <\/p>\n
The new financing \u201cis indicative of the confidence the market has in our vision for One Beverly Hills,\u201d said Jonathan Goldstein, chief executive of London real estate investment firm Cain. \u201cThe demand we are seeing from residential buyers and global brands speaks to the rarity of this project, the strength of our hospitality partners and the enduring appeal of the Beverly Hills market.\u201d<\/p>\n
\u201cSales are going very well,\u201d he said, \u201cwith exceptional demand from local and international clients.\u201d
The financing is composed of a $2.8-billion senior loan led by J.P. Morgan and a $1.5-billion mezzanine loan from VICI, according to Cain.<\/p>\n
Spanning 17.5 acres at Wilshire and Santa Monica boulevards, One Beverly Hills will be anchored by the Aman Beverly Hills, a 78-room, all-suite hotel that will be the brand\u2019s first West Coast property.<\/p>\n
The tower residences also will be branded and serviced by Aman, a Swiss company that Forbes describes as \u201cthe world\u2019s most preeminent resort brand,\u201d and attracts affluent guests such as Bill Gates, Mark Zuckerberg as well as George and Amal Clooney.<\/p>\n
The two towers \u2014 28 and 31 stories \u2014 will have a total of fewer than 200 condos.<\/p>\n
Interspersed among the property will be as many as 45 stores and restaurants, including a Dolce & Gabbana boutique, Mexican-Japanese restaurant Los Mochis and Casa Tua Cucina Italian restaurant and marketplace.<\/p>\n
The complex, which will have 1,800 underground parking spaces, is being built by Cain in partnership with Eldridge Industries of Miami.<\/p>\n
One Beverly Hills will connect new development with a refurbished Beverly Hilton \u2014 home of the Golden Globes \u2014 and Waldorf Astoria Beverly Hills hotels. <\/p>\n
One Beverly Hills will contain 8.5 acres of botanical gardens that reflect the diverse landscape of Southern California, with drought-resistant native plants fed solely by recycled water, including rainfall and the runoff from residents\u2019 sinks and showers. The gardens are designed to have more than 200 species of plants and trees, including palms, oaks, sycamores, succulents and olives.<\/p>\n","protected":false},"excerpt":{"rendered":"The developers of One Beverly Hills have secured $4.3 billion in financing to complete the project, another milestone…\n","protected":false},"author":2,"featured_media":234120,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[18064,106018,106014,29967,106019,106016,14775,106017,31006,106015,58426,48,52,51,47,50,49,106021,1506,5589,106020],"class_list":["post-234119","post","type-post","status-publish","format-standard","has-post-thumbnail","category-los-angeles","tag-acre","tag-aman","tag-beverly-hills-developer","tag-botanical-garden","tag-cain","tag-commercial-partnership","tag-demand","tag-dolce","tag-financing","tag-gabbana","tag-global-brand","tag-la","tag-la-headlines","tag-la-news","tag-los-angeles","tag-los-angeles-headlines","tag-los-angeles-news","tag-other-upmarket-brand","tag-project","tag-sale","tag-tower-residence"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/234119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=234119"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/234119\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/234120"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=234119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=234119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=234119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}