Published on Monday, March 23, 2026
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It comes from a $1.5 billion mezzanine and a $2.8 billion senior loan to support the construction.
Cain's major luxury mixed-use project in Beverly Hills has scored major funding from two investment firms.
VICI Properties has provided a $1.5 billion mezzanine loan to support the construction of the project known as One Beverly Hills. The move also builds on its alliance with Cain and Eldridge Industries, which CEO Jonathan Goldstein established through a partnership.
Also, J.P. Morgan has left a $2.8 billion senior loan commitment to back the construction of the 17.5-acre development. The mezzanine debt carries a four-year term with an additional 12-month exercise option.
The project will be anchored by Aman Beverly Hills, a 78-key hotel. Also, it includes The Beverly Hilton, which is undergoing a restoration.
Some other components include two residential towers, a members-only Aman Club, retail, dining and botanical gardens that span across 10 acres.
Overall, the development aims to provide more walkability and luxury to the neighborhood. Larry Green, managing director of Cain, recently told GlobeSt.com that the goal was to honor the legacy of Beverly Hills while shaping the future for the area.
In addition to the news, VICI, Cain and Eldridge announced that they have agreed to expand their strategic relationship, which the trio initially launched in February 2025. This will involve a collaboration to identify and provide experiential investment for each other's structures. According to the trio, this will occur when "suitable" for the three companies.
"The experiential portfolio that Cain and Eldridge Industries have developed is proof to us that, through our relationship with these companies, we have the opportunity to support their experiential investment activities while they, at the same time, can potentially support our experiential investment activities, with capital potentially being committed in both directions," Edward Pitoniak, CEO of VICI Properties, said in a statement.
Construction of One Beverly Hills began in 2024 and is set to deliver in phases starting in 2027.