What Cain International does

Cain International is a privately held global real estate investment manager founded in 2014 by Jonathan Goldstein and headquartered in London. The firm manages approximately $14.4 billion in assets under management across more than 20 major cities in the United States and Europe, operating through four specialized investment platforms: Landmark Developments, Supply Chain Infrastructure, Living and Hospitality, and Sports and Entertainment. Cain is majority-owned by Eldridge Industries (led by Todd Boehly), with the regulated operating entity being Cain International Advisers Limited (FCA-regulated in the UK and SEC-registered in the US); the firm previously operated under the Cain Hoy brand.

Cain generates revenue through three primary streams: recurring asset management fees on its $14.4B AUM (subscription-style), one-time development profits and asset appreciation on equity investments (e.g., One Beverly Hills, 830 Brickell), and transaction-based interest income from construction and development loans (e.g., £191M Vita Group facility, £170M Ballymore/Oxley facility, $117M Lendlease/Aware Super facility). The firm serves institutional investors (pension funds, sovereign wealth funds, insurance companies such as Menora Mivtachim), real estate developers (OKO Group, Alagem, Kennedy Wilson, White Star, Trammell Crow), luxury hospitality operators (Aman, Delano/Ennismore, Rosewood, Six Senses), and end tenants including Microsoft, Citadel, Kirkland & Ellis, and B&M Retail. Strategic capital partners include J.P. Morgan, VICI Properties, Eldridge Industries, Goldman Sachs, and PGIM Real Estate, while the firm's distribution model is relationship-driven institutional capital raising supplemented by direct UHNW sales of branded residences.

Name

Cain International

Legal name

Cain International Advisers Limited

Website

https://cainint.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

101–250 employees

Short description

Cain International is a privately held, London-based global real estate investment manager founded in 2014 by Jonathan Goldstein. The firm manages $14.4B in AUM across 20+ cities via four platforms (Landmark Developments, Supply Chain Infrastructure, Living and Hospitality, Sports and Entertainment), serving institutional investors, developers, and luxury hospitality operators.

Ownership category

akta.pro rank

Product category

Real Estate Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259), Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (52599)

SIC

Investors, Nec (6799), Investment Advice (6282), Real Estate (6500), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Renewable Energy Infrastructure (FSAAAKAG)

akta.pro secondary industries

Endowment / OCIO-Style Multi-Manager Platforms (FSANAGAG), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG), Sovereign Wealth Funds (SWFs) (FSAAAGAD)

Keywords

• Real estate investment
• Asset management
• Property development
• Private equity real estate
• Luxury hospitality development

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Asset Management Fees: Cain generates revenue through asset management fees charged to investors for managing their real estate investments across equity and debt portfolios. The firm manages $14.4 billion in assets under management across more than 20 major cities worldwide.
2. Development Returns and Asset Appreciation: The firm generates returns through development profits and asset appreciation by acquiring, developing, and enhancing value across landmark developments, hospitality assets, residential projects, and logistics/infrastructure investments. Notable projects include One Beverly Hills ($10 billion development) and 830 Brickell in Miami.
3. Debt Financing and Interest Income: Cain provides development loans, construction financing, and debt facilities to real estate developers, earning interest income. Examples include the £550 million logistics portfolio acquisition from Firethorn Trust, £191 million development loan for Vita Group's Union development in Manchester, and £170 million debt facility for Ballymore & Oxley's Deanston Wharf.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Cain International is a privately held real estate investment manager that deploys capital across four investment platforms — Landmark Developments, Supply Chain Infrastructure, Living and Hospitality, and Sports and Entertainment — targeting institutional investors, family offices and sovereign wealth funds. The firm sources, develops and asset-manages large-scale mixed-use, hospitality, logistics, residential (including PBSA) and experiential real estate projects in supply-constrained gateway cities across the US and Europe, managing $14.4 billion in AUM across more than 20 cities.

Product overview

Cain International is a global real estate investment manager offering specialized investment platforms across four key strategies: Landmark Developments (high-impact real estate projects), Supply Chain Infrastructure (logistics and distribution assets), Living and Hospitality (luxury hotels, branded residences, and student accommodation), and Sports and Entertainment (experience-driven investments). The firm manages $14.4 billion in assets under management across more than 20 major cities worldwide. Key development projects include One Beverly Hills (a 17.5-acre luxury mixed-use development), 830 Brickell (Class A+ office tower in Miami), and a pan-European PBSA platform. The company operates dedicated platforms for customer experience and has established strategic relationships with leading hospitality brands including Aman, Delano, Waldorf Astoria, and Raffles.

Differentiator

Problem solved

Functional benefit

Products and services

• Landmark Developments investment platform Investment platform targeting high-impact, trophy mixed-use and destination real estate in supply-constrained gateway cities, offered to institutional investors and partners. Examples include One Beverly Hills ($10bn development) and 830 Brickell in Miami.
• Supply Chain Infrastructure investment platform Investment platform acquiring and funding logistics, distribution and supply-chain real estate to support business growth and consumer demand, offered to institutional capital partners. Examples include the £550m UK logistics portfolio from Firethorn Trust and the Kerpen, Germany JV with Trammell Crow Company.
• Living and Hospitality investment platform Investment platform covering luxury hotels, branded residences and purpose-built student accommodation, offered to institutional investors and partners. Examples include One Beverly Hills (Aman residences, hotel and club), Delano global expansion, and the pan-European PBSA platform.
• Sports and Entertainment investment platform Investment platform backing brands and businesses that shape culture, spark connection and engage communities through experience, offered to institutional capital partners across sports, entertainment and experiential real estate.
• Pan-European PBSA Platform Purpose-built student accommodation investment platform within the Living and Hospitality vertical, operating across the UK and continental Europe (UK, Spain, Italy) via partnerships such as RG Real Estate and Global Student Accommodation.
• Customer Experience Division Service division dedicated to designing and delivering end-user experiences across Cain's hospitality, residential, sports, entertainment and commercial asset base, applying best practices from Wynn Las Vegas, Dorchester Collection, The Ritz-Carlton and Walt Disney World.

Quantifiable outcome

• Branded residential properties command an average 33% brand premium over non-branded equivalents, according to Savills research
• +3 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

18 partnerships are on record, tiered major, core and minor.

• Trammell Crow CompanymajorStrategic or Co-development Partner · 16 June 2025Trammell Crow Company and Cain formed a joint venture for speculative industrial development in Kerpen, Germany. The project comprises two Class-A logistics facilities totaling 28,117 sqm on a 46,202 sqm brownfield site. TCC serves as developer while Cain provides investment capital, targeting BREEAM Excellent certification.
• OKO GroupcoreStrategic or Co-development PartnerOKO Group, founded by Vlad Doronin, is Cain's key development partner for several South Florida projects including 830 Brickell (completed 2023), Missoni Baia condo tower, and Palm Beach luxury condo development. The partnership has completed five collaborative projects in South Florida, with OKO providing development expertise and Cain providing capital and investment management.
• Foster + PartnerscoreTechnology or IntegrationFoster + Partners serves as the master planner for One Beverly Hills, the transformational 17.5-acre mixed-use development in Beverly Hills. The architectural firm's design vision unites hospitality, wellness, retail, and dining across the site, with the development aiming to redefine luxury living at the western gateway of Beverly Hills.
• Kerry Hill ArchitectscoreTechnology or IntegrationKerry Hill Architects designed the Aman-branded residential towers and Aman Club at One Beverly Hills. The firm created the two Aman-branded residential towers featuring residences from 3,100 to 25,000 square feet, designed to offer vertical mansion-style living with sustainability features including geothermal systems.
• RIOScoreTechnology or IntegrationRIOS is the landscape architecture firm designing the 4.5 acres of public botanical gardens at One Beverly Hills, along with 5.5 acres of private gardens for Aman residents, hotel guests, and club members. The gardens feature two miles of walkways, trails, sitting areas, and water features surrounded by more than 200 species of native and adaptive plants, designed to transform how the community interacts with Wilshire and Santa Monica Boulevards.
• Bob GrazianomajorOthersBob Graziano, former Dodgers President and J.P. Morgan Chase Vice Chairman, serves as Chief Strategy Advisor for One Beverly Hills. With more than four decades of experience in finance, sports, and business leadership, Graziano provides strategic guidance shaping project vision, partnerships, and execution. He also serves as Chair of the LA Sports & Entertainment Commission and is on the 2026 LA World Cup Host Committee and 2027 Super Bowl Host Committee.
• RG Real Estate (RGRE)majorStrategic or Co-development PartnerRGRE serves as development partner for Cain's London PBSA strategy, including a 353-bed development on the Greenwich Peninsula. RGRE, established in 2023 as the development arm of RG Group, specializes in high-quality residential and living sector assets. The Greenwich Peninsula scheme is an 18-storey tower to be delivered in partnership ahead of the 2029/2030 academic year.
• Global Student Accommodation (GSA)majorStrategic or Co-development PartnerGSA is Cain's partnership for PBSA development in Italy, specifically a joint venture in Rome. The partnership follows Cain's entry into Italy as part of its strategy to scale its platform across Europe's leading university markets.
• Wild OriginsminorStrategic or Co-development PartnerWild Origins, a purpose-led hospitality and lifestyle advisory platform founded by Neil Jacobs, has an existing strategic partnership with Cain International as part of its expanding portfolio of partnerships including Baccarat, Capella Hotel Group, and other luxury hospitality brands.
• AmancoreStrategic or Co-development PartnerAman is the centerpiece hospitality brand at One Beverly Hills, bringing its first urban residences, hotel, and members' club to the West Coast. The partnership includes two Aman-branded residential towers, a 78-suite Aman hotel, and the global Aman Club. Cain also invested in Aman Group in 2022 to support its global expansion strategy. Aman operates 36 hotels worldwide, with 15 located close to or within UNESCO-protected sites.
• Delano (Accor/Ennismore)coreStrategic or Co-development PartnerCain owns Delano Miami Beach and is overseeing its comprehensive restoration ahead of a planned reopening in early 2026, in partnership with Accor's Ennismore division. Cain and Ennismore are also partnered to drive the global expansion of Delano branded residences, with 500 units in development across Colombia, Costa Rica, Istanbul, London, and the UAE.
• Firethorn TrustmajorStrategic or Co-development PartnerFirethorn Trust serves as Cain's asset manager and leasing agent for the £550 million UK logistics portfolio acquired in 2022, comprising seven UK sites totaling 3.25 million sq ft. Firethorn developed the remaining sites and manages leasing across the portfolio on behalf of Cain International.
• B&M RetailmajorOthersB&M Retail, a FTSE 100 multinational retailer, signed a 10-year lease for 674,265 sq. ft. at Link 674, Ellesmere Port - one of the largest lease agreements in the UK logistics market in 2024. The facility operates as B&M's imports centre managing inbound container flow and optimizing capacity of their five existing UK distribution centers.
• Kennedy WilsonmajorStrategic or Co-development PartnerKennedy Wilson and Cain formed a 50/50 joint venture for the acquisition of a 2.3-acre office development site in Dublin's North Docks area, with planning permission for over 300,000 sq ft of Grade A office space. Kennedy Wilson serves as development and asset manager of the property, marking Cain's first investment in Ireland.
• White Star Real EstatemajorStrategic or Co-development PartnerWhite Star Real Estate is Cain's local development partner for Fabryka PZO in Warsaw's Praga district, an 18,000 sq m mixed-use scheme on the former Polskie Zakłady Optyki factory site. The partnership also includes a 100,000 sq m Kraków office park development, with White Star serving as leasing agent and local development partner.
• Sager GroupmajorStrategic or Co-development PartnerSager Group partnered with Cain Hoy to develop Islington Square, a £400 million mixed-use regeneration scheme in Islington, London. The 4.5-acre development on the former North London Mail Centre site created 500,000 sq ft of shopping, leisure, and residential space. Cain and Sager secured £190 million development facility from Lloyds Bank and Investec.
• Alagem Capital GroupcoreStrategic or Co-development PartnerAlagem Capital Group is Cain's partner for the Beverly Hilton and Waldorf Astoria Beverly Hills refinancing, and the One Beverly Hills development. Alagem, developer of the Waldorf Astoria Beverly Hills and long-time owner of the Beverly Hilton, partnered with Cain in 2018 to acquire the 9900 Wilshire site and formally announce plans for One Beverly Hills.
• Ballymore & OxleymajorStrategic or Co-development PartnerCain provided a £170 million development loan to Ballymore and Oxley for Deanston Wharf, a 768-unit residential scheme in Royal Docks, east London. The development is adjacent to the successful 40-acre Royal Wharf development and represents the final stage of the riverside masterplan, with Ballymore serving as developer.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Starwood Capital Group: Privately-held, founder-led global real estate investment manager with deep hospitality and branded-residential expertise (Starwood Hotels, St. Regis branded residences). Closest direct peer to Cain given similar founder-led structure, hospitality focus, and branded-residential play.
• Lendlease: Global real estate and investment group combining development, construction, and funds management with US pension capital (Aware Super, CPPIB). Cain provided a $117M development loan to Lendlease's The Reed at Southbank - comparable in vertical integration, urban residential development, and institutional capital access.
• Patron Capital Partners: European-focused private equity real estate fund manager targeting opportunistic and value-add investments with institutional capital. Comparable to Cain's European equity/development platform in geography (UK and continental Europe) and institutional capital relationships.
• Kennedy Wilson: Global real estate investment company with European and US operations, focused on yielding assets and development - currently a 50/50 JV partner with Cain on the Dublin North Docks office scheme. Closely comparable in transatlantic investment management, European debt/equity activity, and institutional capital structuring.
• Related Companies: Large privately-held developer and investment manager behind trophy mixed-use projects (Hudson Yards, The Edge) with affordable and luxury residential, and significant equity from sovereign wealth funds. Directly comparable to Cain's Landmark Developments platform in scale, trophy-asset focus, and institutional capital partnerships.

Emerging players

• Aman Group: Ultra-luxury hospitality operator in which Cain invested in 2022, with 36 hotels worldwide - centerpiece brand at One Beverly Hills (Aman residences, hotel, and club). Comparable as a luxury hospitality platform partner/marketer, though Aman is operator-side while Cain is capital-side of the relationship.
• VICI Properties: Public experiential real estate REIT and Cain's strategic financial partner, providing the $1.5B mezzanine on One Beverly Hills plus the initial $300M strategic investment. Comparable in experience-driven real estate underwriting, though VICI is a public REIT focused on gaming/hospitality while Cain is private and broader-scope.

Broad incumbents

• AEW Capital Management: Global real estate investment manager with $70B+ AUM across core, core-plus, value-add, debt and securities strategies, with strong European and US presence. Comparable to Cain's multi-platform real estate investment management model, though broadly diversified rather than trophy-asset focused.
• Brookfield Asset Management: One of the world's largest alternative asset managers with a major real estate investment platform spanning debt, equity, and development across global gateway markets. Comparable to Cain as a multi-strategy real estate investment manager, though far larger and more diversified beyond real estate.
• Blackstone Real Estate: The largest global real estate investment manager operating BREIT, core+ and opportunity funds, with a hospitality/luxury real estate practice. Directly comparable to Cain in real estate investment management and trophy-asset underwriting, though operating at vastly greater AUM scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/cain_int
• LinkedInlinkedin.com/company/cain-international

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments13 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cain International