Real Estate Developer Brandon Miller’s Hidden Financial Troubles Revealed
Brandon Miller, a high-profile New York real estate developer who died by suicide last month, was discovered to be nearly $34 million in debt, despite maintaining an image of wealth and luxury on social media. At the time of his death on July 3, Miller had only $8,000 in his bank account, as reported by The Real Deal.
A lifestyle of illusion
Miller and his wife, Candace, an influencer, were known for showcasing a glamorous lifestyle on platforms such as the now-defunct blog ‘Mama + Tata.’ The blog portrayed them as a wealthy and idyllic family, leading a charmed life. However, new revelations suggest that this image was a façade, masking severe financial struggles and significant debt.
Details of the Debt
A bond petition filed by Candace Miller in a surrogate’s court revealed that around $11.5 million of Miller’s debt was tied to mortgages on their Hamptons estate at 25 Cobb Isle Road, Water Mill. The property was recently listed for sale at $15.5 million. The estate had four outstanding loans, including:
- $800,000 from Titan Capital, which had previously sued Candace Miller for missed mortgage payments.
- An additional $2 million owed to Titan Capital on the property.
- Other loans from UBS and Stevens Financial Group.
Miller’s largest single debt was an unsecured $11.3 million loan from a Chicago-based bank. He also had an unsecured loan of $6.1 million from Donald Jaffe, who had funded multiple projects for both Miller and his father. Jaffe sued Miller in 2019 over the unpaid balance, which remains unsettled.
Further debts included over $300,000 owed to American Express and $266,000 to the Funding Club, a cash advance lender in Brooklyn.
Circumstances of His death
Millionaire Brandon Miller was found unresponsive in his car inside the garage of his 4,300-square-foot Hamptons home a few weeks ago. He was taken to Stony Brook Southampton Hospital, where he passed away days later.