“One Beverly Hills Ground Breaking Ceremony”, Beverly Press

One Beverly Hills Ground Breaking Ceremony

Cain International, a privately held investment firm, came together with the city of Beverly Hills, Aman Group, OKO Group, Alagem Capital and Hilton on Feb. 8 to celebrate the groundbreaking of One Beverly Hills. The 17.5-acre urban destination will connect the Beverly Hilton and Waldorf Astoria with 10 acres of botanical gardens and open space […]

“One Beverly Hills Breaks Ground”, Beverly Hills Courier

One Beverly Hills Breaks Ground

Beverly Hills is known for glamorous hotels, stunning gardens and regal residences—and the upcoming One Beverly Hills development will unite all three in a level of luxury the city has yet to see.  Construction on the $2 billion development, located on 17.5 acres between the Beverly Hilton and Waldorf Astoria Beverly Hills, officially began on […]

“The Beverly Hilton and Waldorf Astoria Beverly Hills Hotels Select Nostromo to Significantly Reduce Carbon Emissions”, PR Newswire

The Beverly Hilton and Waldorf Astoria Beverly Hills Hotels Select Nostromo to Significantly Reduce Carbon Emissions

The Beverly Hilton and the Waldorf Astoria Beverly Hills, two of California’s most iconic luxury hotels and champions for the environment, together with Nostromo Energy (TASE: NOST), provider of breakthrough energy storage solutions for commercial buildings, announced today the launch of Nostromo’s sustainable energy storage system serving the two adjacent hotels. The system is designed […]

Beny Alagem Founder and Chairman at Alagem Capital Group

Beny Alagem Founder and chairman at Alagem Capital Group

Beverly Hills has always been a luxury town where one can get lost counting the Bentleys and Maseratis as they pull into the grand palatial mansions inhabited by a humble record producer or A list actress. “What has been missing, though, are ultra-luxury condos,” Beny Alagem told Commercial Observer. The solution to this for Alagem […]

Luxury Aman Hotel Chain Will Operate One Beverly Hills

One Beverly Hills

BEVERLY HILLS, CA — The luxury hotel chain Aman, known for its celebrity clientele and over-the-top experience, will operate the One Beverly Hills property, One Beverly Hills developers announced Thursday. The complex will sit on Wilshire Boulevard and Santa Monica Boulevard, “nestled within eight aces of verdant botanical gardens,” according to Aman. The property will […]

Beverly Hills Project Secures $500 Million Loan

Beverly Hills Project Secures $500 Million Loan

Beverly Hills-based Alagem Capital Group and London-based Cain International have received a $500 million loan to refinance the Beverly Hilton and Waldorf Astoria Beverly Hills, which are both part of the planned $2 billion One Beverly Hills development. The money came from Aareal Capital Corp. and Goldman Sachs Group Inc. Aareal Capital is providing the […]

Beny Alagem’s $2B Beverly Hills project gets go-ahead

Beny Alagem’s $2B Beverly Hills project gets go-ahead

Beverly Hills is getting a facelift. But instead of collagen, this one will get injected with concrete and steel. Beny Alagem’s $2 billion development that will include 300 condos and a hotel was approved in a 4-1 vote last week by the Beverly Hills City Council. The decision follows weeks of deliberation on the 1.4 […]

The Beverly Hilton Gets New Look; More Renovated Properties

The Beverly Hilton Gets New Look; More Renovated Properties

The Beverly Hilton has completed a $35-million property-wide renovation. The final phase included renovated guestrooms, including nine private luxury suites within The Penthouse Collection; the by-appointment-only fitness center; indoor- outdoor event spaces and meeting rooms; the new Mercato market; and redesigned public spaces including the lobby. Inspired by relaxed California living, the renovation included upgrades […]