From Bidding For Tottenham To Buying Beverly Hills: Cain International Breaks Into America

Not many British-based property companies manage to break into America. And very few companies manage to do it on the scale of Cain International. After a few years spent relatively under the radar, in the past 12 months it has made waves on both sides of the Atlantic in a big way.

Its 18-acre development in the heart of Beverly Hills is a gigantic scheme in one of the most famous and fanciest ZIP codes in the world. And its private equity division is planning to roll out a new leisure concept that could be filling up defunct department store space across the U.S., starting with New York and Washington, D.C.

The $5B of debt it has put out in the past five years on both sides of the Atlantic means it is competing in the same field of nonbank lenders as global giants like Starwood and Blackstone.

In the old world, it has written the biggest London development loans of any lender since Brexit, backed a £1B London residential development programme and is now expanding into Europe.

The man leading the charge is Chief Executive Jonathan Goldstein, whose hyperactive, highly intelligent conversational style roams well beyond real estate.Over the course of an hour and a half with Goldstein ahead of his appearance at Bisnow's London State of the Market event, he starts with his beloved Tottenham Hotspur,…

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