Beverly Hills Resort Raises $4.3 Billion From JPMorgan, Vici (1)

One Beverly Hills, an ultra-luxury property set to combine a new Aman resort and the Beverly Hilton, secured $4.3 billion of construction financing in one of the biggest deals of its kind in the past decade.

JPMorgan Chase & Co. is leading a $2.8 billion senior loan for the package while Vici Properties Inc., a real estate investment trust, is providing a $1.5 billion mezzanine loan, according to a statement.

One Beverly Hills — among the biggest private US construction projects that isn’t a data center — spans 17.5 acres (7 hectares) in the posh Los Angeles neighbor city. ...