Candice Miller, the widow of developer and financier Brandon Miller, moved to Miami Beach shortly after her husband’s suicide and now lives in a multimillion-dollar condominium owned by a member of the von Fürstenberg family.
Miller, 42, listed his new address in a bail petition filed in mid-August in a New York court. The real deal information.
The new address is the dazzling Continuum South Beach complex, located on the lower part of Miami Beach.
After her husband committed suicide on July 3 due to mounting debts, Miller sought a fresh start with her two daughters in Miami Beach and left the Hamptons, where she was a prominent face on the extravagant social scene.
Last year, a trust linked to Alexander von Fürstenberg paid $10 million for the luxurious three-bedroom, four-and-a-half-bathroom unit where Miller now lives.
Candice and her late husband Brandon Miller are pictured together. Since Brandon’s death, she fled the Hamptons for Miami Beach.
Pictured: The Miami Beach condominium complex where Miller and her daughters now live.
A trust linked to businessman Alexander von Fürstenberg, pictured here with his wife Ali Kay, paid $10 million for the luxurious three-bedroom, four-and-a-half-bathroom unit inside the complex where Miller lives.
Diane von Fürstenberg’s net worth is said to be around $300 million, much of which comes from her famous eponymous fashion brand.
Decades after divorcing her first husband, who came from a German princely family, von Fürstenberg married media mogul Barry Diller.
The couple, who married in 2001, purchased a beachfront property, also in Miami Beach, for an exorbitant sum of $45 million in April.
It is unclear what relationship, if any, exists between Miller and the extremely wealthy couple.
Miller is known to be friends with Alexander von Fürstenberg’s wife, Alison, also known as model Ali Kay.
IAC Chairman Barry Diller, 82, who is married to fashion designer Diane von Furstenberg, closed a $45 million deal for a residential lot in Miami Beach in April.
The 1.5-acre site overlooks Biscayne Bay and is located in one of the most exclusive and affluent residential communities in Miami Beach.
Miller, left, and her sister Jenna Crespi launched a popular lifestyle blog called Mama and Tata in 2016. Alexander and his wife Alison, also known as Ali Kay, hosted a launch party at their Beverly Hills home in 2017.
In 2017, Alison and Alexander hosted a launch party for Miller and her sister Jenna Crespi’s fashion and lifestyle blog Mama and Tata at their home in Beverly Hills.
Part of what likely influenced Miller’s exodus from Southampton, New York, after her husband’s death was the fact that Crespi and her husband live in a $25 million mansion in Palm Beach, which is just over an hour’s drive from where she now lives in Miami Beach.
Miller’s life changed dramatically in July when her husband Brandon committed suicide at age 43 by inhaling carbon monoxide in the garage of their Hamptons home while she and their daughters were in Europe.
Reports have since emerged that she was aware of the mounting financial problems before she left for the holiday, but that her husband had assured her everything was under control.
Friends told the New York Times that Brandon Miller encouraged his wife to go on vacation by insisting that everything was paid for.
According to legal documents, Brandon was left with nearly $34 million in debt and only $8,000 in his bank account.
Brandon, pictured with his daughters on his wife’s lifestyle Instagram account, was millions of dollars in debt and facing serious litigation at the time of his death.
Brandon had a substantial unsecured loan of $11.3 million from BMO Bank. In addition, he owed more than $6 million to Donald Jaffe, a lender who had previously financed Miller and his father on several projects.
He was found unconscious in the garage of the couple’s $15.5 million Hamptons home, which has since been put up for sale.
In addition to the real estate debt, he had a substantial unsecured loan of $11.3 million from BMO Bank. In addition, he owed more than $6 million to Donald Jaffe, a lender who had previously financed Brandon and his father on several projects. Jaffe is still pursuing legal action to recover the outstanding balance.
Other creditors include American Express and Funding Club, a Brooklyn-based cash advance lender, to whom Miller owed more than $300,000 and $266,000, respectively.
Another significant portion of his debt was tied to his Hamptons property at 25 Cobb Isle Road, which is now for sale for $15.5 million.
Miller has now had to make amends. Her first step was to file a bail petition detailing four outstanding loans on the property, including a $2 million mortgage from Titan Capital, which recently sued her for nonpayment.
In his suicide note, Miller explained that a last-minute, crucial business deal had fallen through and he felt he had no way out.
His salvation may lie in two life insurance policies he mentioned in the note. These, he said, could be used to pay off creditors. The New York Times Originally reported
According to Bankrate, there are limited cases in which beneficiaries of a life insurance policy can receive benefits if the policyholder dies by suicide.
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