Newmark Group Inc. Secures Historic Financing for One Beverly Hills Development

On March 25, 2026, Newmark Group, Inc. made headlines by announcing its role as a strategic advisor for Cain, a prominent real estate asset manager co-founded by Jonathan Goldstein. This collaboration has culminated in a historic achievement—the largest non-data center construction loan ever secured for a mixed-use project in the United States. The financing is intended for the ambitious One Beverly Hills development, which aims to redefine luxury living in the Beverly Hills and greater Los Angeles area.

Newmark's Capital Markets Strategies, led by Anthony Orso, played a pivotal role in this complex transaction. With decades of experience related to the One Beverly Hills site, Newmark's team was able to offer invaluable insights into capital strategy and execution, positioning the project as one of the largest mixed-use developments in U.S. history. The team also included notable figures like Vice Chairman Bill Weber, Executive Managing Director Ari Schwartzbard, and Managing Director Cliff Welden, among others.

Jonathan Goldstein, CEO of Cain, emphasized the importance of Newmark's multidisciplinary approach. "Their ability to align those capabilities and deliver with precision was an important part of getting this financing over the line," he said. Goldstein's remarks highlight the necessity for an integrated team in executing projects of such magnitude.

Spanning an impressive 17.5 acres, One Beverly Hills will introduce Aman's first urban residences, alongside a hotel and members' club on the West Coast. The development will feature retail, hospitality, wellness, and leisure concepts set within a lush 10-acre landscape of gardens and open spaces. Additionally, it will connect the elegantly refurbished Beverly Hilton—famed for hosting the Golden Globes and the Milken Global Conference—and the Waldorf Astoria Beverly Hills. The project will also offer 1,800 underground parking spaces, establishing a landmark that embodies culture, sophistication, and sustainability.

The financing of One Beverly Hills comes amidst strong momentum in both residential sales and commercial partnerships. The first Aman-branded residential tower has already seen significant sales, with offerings ranging from spacious two-bedroom residences to luxurious penthouses that boast sweeping views of the Pacific Ocean, Hollywood Hills, and downtown Los Angeles.

The development has attracted commitments from globally recognized hospitality and retail brands, including Dolce&Gabbana, which is expanding its Beverly Hills presence, and Casa Tua Cucina, marking its first West Coast location. Additionally, Los Mochis, a unique 12,000 square foot indoor-outdoor restaurant blending Mexican and Japanese cuisines, will feature as part of the project.

Newmark's ongoing partnership with Cain, managed by Tony Gibbon, Managing Partner, Head of London Markets, underscores the firm's dedication to providing integrated client solutions across various segments, sectors, and geographies. Newmark's comprehensive suite of services includes retail advisory, international capital markets advisory, underwriting support, and additional consulting, showcasing the company's expansive capabilities in the commercial real estate sector.

"We were proud to work alongside Cain to structure and advance a truly transformative development," said Anthony Orso, underscoring Newmark's commitment to excellence in the real estate advisory space.

The financing of One Beverly Hills marks a significant milestone not only for Newmark Group, Inc. but also for the future landscape of luxury real estate in Los Angeles. With its multifaceted approach and deep market knowledge, Newmark has positioned itself as a leader in executing complex, market-defining transactions for institutional clients. As construction progresses, all eyes will be on One Beverly Hills to see how it transforms the luxury landscape of the region.