The developers of One Beverly Hills have secured $4.3 billion in financing to complete the project, marking another milestone for one of the largest real estate projects underway in the country.
Work on the high-end residential and hotel complex, which will include the tallest buildings in Beverly Hills, began in 2024 and opened in November 2025. It is set to open in 2028.
The developers said “significant” sales of the condominiums and commercial partnerships with Aman and other upmarket brands including Dolce & Gabbana prompted lenders JPMorgan Chase & Co. and VICI Properties Inc. to join the project.
Jonathan Goldstein, chief executive of London real estate investment firm Cain, said the new financing “signals the market’s confidence in our vision for One Beverly Hills.” “The demand we are seeing from residential buyers and global brands reflects the rarity of this project, the strength of our hospitality partners and the enduring appeal of the Beverly Hills market.”
“Sales are going very well,” he said, “with exceptional demand from local and international customers.”
According to Cain, the financing is composed of a $2.8 billion senior loan led by JPMorgan and a $1.5 billion mezzanine loan from VICI.
Spanning 17.5 acres at Wilshire and Santa Monica Boulevard, One Beverly Hills will be operated by Aman Beverly Hills, a 78-room, all-suite hotel that will be the brand’s first West Coast property.
The tower residences will be branded and serviced by Aman, a Swiss company that Forbes describes as “the world’s most prominent resort brand” and has attracted affluent guests such as Bill Gates, Mark Zuckerberg as well as George and Amal Clooney.
The two towers – 28 and 31 storeys – will have a total of just under 200 condos.
There will be 45 stores and restaurants at the center of the property, including a Dolce & Gabbana boutique, Mexican-Japanese restaurant Los Mochis and Casa Tua Cucina Italian restaurant and marketplace.
The complex, which will have 1,800 underground parking spaces, is being built by Cain in partnership with Aldridge Industries of Miami.
One Beverly Hills will connect the new development to the renovated Beverly Hilton – home of the Golden Globes – and Waldorf Astoria Beverly Hills hotels.
One Beverly Hills will feature an 8.5-acre botanical garden that reflects Southern California’s diverse landscape, with drought-resistant native plants nourished entirely by recycled water, including rainfall and runoff from residents’ sinks and showers. The gardens are designed to house over 200 species of plants and trees including palm trees, oaks, sycamores, succulents and olives.
