VICI Properties Inc. announced an increase in its investment into the mezzanine loan for the One Beverly Hills development by $150.0 million. This brings VICI's total commitment to the luxury mixed-use development to $450.0 million. The increased investment was made concurrently with a proportional increase in the overall size of the mezzanine loan.
This expanded commitment follows VICI's initial $300.0 million investment announced on February 19, 2025, which launched a strategic relationship with Cain International and Eldridge Industries. The One Beverly Hills project is a 17.5-acre luxury development anchored by Aman Beverly Hills, featuring a hotel, branded residences, and a refurbishment of The Beverly Hilton.
The mezzanine loan maintains an initial maturity in March 2026, with one 12-month extension option. This increased investment reinforces VICI's dedication to high-quality, experience-driven real estate and deepens its partnership with Cain International and Eldridge Industries, supporting long-term growth in the luxury experiential sector and expanding its presence in irreplaceable assets.
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