Jonathan Goldstein

If there was any doubt in Jonathan Goldstein’s ambition, this year provided 4.3 billion reasons to clear things up — and then some.

Goldstein’s Cain, along with partner Eldridge Industries, secured a $4.3 billion construction loan this March for One Beverly Hills — the 17.5-acre landmark development set to redefine the ritzy Southern California enclave that’s already synonymous with luxury.

It’s one of the most significant privately funded projects in the nation and will be the tallest development in Beverly Hills, with two luxury towers and an Aman-branded hotel facing Beverly Hills’ “Golden Triangle.” And that’s only the crown jewel of Cain’s rapidly expanding portfolio.

“It’s been the biggest year we’ve ever had,” Goldstein said. “To move forward with the construction of One Beverly Hills is beyond exciting, and we’re very proud of it.”

Goldstein’s influence in South Florida remains equally dominant. In December, Cain and OKO Group closed a $630 million refinancing for 830 Brickell, the trophy office tower that’s become a magnet for tenants such as Citadel and Microsoft.

“We’re about to close a lease at $250 a foot,” Goldstein said. “If I told you we started in the $70 range, and we’re now printing leases at $250 a square foot, it’s quite an incredible building.”

The same partnership also secured $55 million this January for the first new condo project in Palm Beach in two decades, and Cain will soon announce another major South Florida multifamily play.

“On top of all of that — which sounds like quite a lot, doesn’t it? — we’re reopening the Delano, and started to take customers on April 27.”

Cain acquired a stake in the Miami Beach-born Delano hotel brand three years ago, and Goldstein has been busy expanding it. In October 2025, the firm closed on the $175 million acquisition of Manhattan’s Dominick Hotel, with plans for a Delano rebranding. And Cain is pushing expansion efforts into Abu Dhabi, London and Paris.

With $14.4 billion in assets, Goldstein has formed Cain into a global player with a portfolio that punches above its weight.

“It’s been a big year,” he said. “I really pay tribute to my colleagues. … Because it’s not just about me or co-founder Todd Boehly, because people don’t lend $4 billion to a couple of guys running a chip shop.”