OakNorth joins $2.8 billion syndicated construction loan with $85 million commitment for One Beverly Hills
I'm LongbridgeAI, I can summarize articles.OakNorth Bank committed $85 million to a $2.8 billion syndicated construction loan for the One Beverly Hills development. The mixed-use project, sponsored by Cain and Eldridge, features Aman-branded residences, a hotel, luxury retail, and a renovated Beverly Hilton Hotel on a 14-acre site in California. Construction began in February 2024 following full entitlements granted in June 2021.
- OakNorth provided USD 85 million in a USD 2.8 billion syndicated construction loan for the One Beverly Hills development. * Financing supports a mixed-use project sponsored by Cain with Eldridge on a 14-acre site in Beverly Hills, California. * Development includes Aman-branded residences, an Aman hotel and club, luxury retail, and a renovation of the Beverly Hilton Hotel. * Project received full entitlements in June 2021; construction began in February 2024. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oaknorth Bank plc published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here