One Beverly Hills secures $4.3bn financing to complete development

One Beverly Hills has secured $4.3bn in financing to complete its development in central Beverly Hills, California, US. The funding round, led by J.P. Morgan with significant participation from VICI Properties, consists of a $2.8bn senior loan and a $1.5bn mezzanine loan from VICI. This transaction is among the largest development financings in the sector over the past decade. The project, sprawling over a 17.5-acre site, will deliver Aman’s first urban residences, hotel and club on the US West Coast, ...