Beverly Hills, CA – May 21, 2024 – Cain International (‘Cain’), the privately held investment firm, today announced industry leader Brent Habeck has joined the firm as Executive Vice President of Commercial Leasing for One Beverly Hills. Habeck brings more than 30 years of commercial leasing experience with prominent developers and luxury partnerships to the firm and will play a key role in curating a selection of premium retailers throughout the development.
“Brent Habeck is one of the foremost industry leaders in commercial leasing in the country. His deep industry expertise and long-standing relationships with key luxury retailers will be an incredible asset to Cain as we bring a world-class experience to One Beverly Hills,” said Larry Green, Managing Director at Cain International.
Habeck previously served as Senior Vice President of Leasing at Unibail-Rodamco-Westfield (‘URW’), where he oversaw the merchandising strategy and leasing for multibillion-dollar, iconic developments including UTC in La Jolla, Topanga in Los Angeles, Valley Fair in San Jose, and the World Trade Center in New York City. He previously held executive positions at Howard Hughes Corporation and Brookfield Properties and holds an MBA from the University of Minnesota and a BA degree from Carleton College.
“I am thrilled to join such a globally renowned firm as Cain International and lead the team in delivering a legendary space that will redefine the concept of urban hospitality,” said Brent Habeck, Executive Vice President of Commercial Leasing at One Beverly Hills. “Throughout my career, I’ve gained long-lasting knowledge and relationships with luxury retailers, and I look forward to continuing this work with Cain at an innovative project that will capture the spirit of Beverly Hills.”
One Beverly Hill is a transformative 17.5-acre urban destination being delivered by Cain International in partnership with OKO Group. Master planned by Foster and Partners, the project will connect the Beverly Hilton and Waldorf Astoria with 10-acres of botanical gardens & open space and will further introduce the first Aman hotel, branded residences and exclusive members club to North America’s West Coast.
In March, Cain secured $2 billion in construction financing to support the development, including a $500 million senior loan from JP Morgan in addition to other private financing commitments. The site is among the largest privately funded construction endeavors in the nation. It is anticipated to generate approximately $40 billion in total local spending across 30 years and bring more than 2,700 direct construction jobs to the region.