/

|

One Beverly Hills, an ultra-luxury resort developed by Cain International and OKO Group, is seeking $5.25 billion in financing to complete most of the project in time for the 2028 Olympics set to be held in Los Angeles, according to people familiar with the matter. The new money will help with construction and replace a $2 billion loan package led by JPMorgan Chase & Co. that was originated earlier this year, according to the people, who asked not to be identified citing private details.