Brandon Miller’s widow moves into $10M Miami condo owned by a VERY wealthy socialite
Candice Miller, the widow of real estate developer and financier Brandon Miller, moved to Miami Beach shortly after her husband’s suicide and now lives in a multimillion-dollar condo owned by a member of the von Fürstenberg family.
Miller, 42, gave her new address in a bail petition filed in mid-August in a New York court, The real deal defeated.
The new address is the gleaming Continuum South Beach complex, right at the foot of Miami Beach.
After her husband committed suicide on July 3 due to mounting debts, Miller wanted to make a fresh start in Miami Beach with her two daughters. She left the Hamptons, where she was a prominent figure in the extravagant social scene.
Last year, a foundation with ties to Alexander von Fürstenberg paid $10 million for the luxury three-bedroom, four-and-a-half-bathroom apartment where Miller now lives.
Candice and her late husband Brandon Miller are pictured together. Since Brandon’s death, she has fled the Hamptons for Miami Beach
Pictured: The Miami Beach apartment complex where Miller and her daughters now live
A trust tied to businessman Alexander von Fürstenberg, pictured with his wife Ali Kay, paid $10 million for the luxury three-bedroom, four-and-a-half-bathroom apartment in the complex where Miller lives.
Diane von Fürstenberg’s net worth is estimated at around $300 million, most of which comes from her famous fashion label, which is named after her.
Decades after divorcing her first husband, who came from a German princely family, von Fürstenberg married media tycoon Barry Diller.
The couple, who married in 2001, bought a waterfront plot of land, also in Miami Beach, for a staggering $45 million in April.
It is unclear whether there is a relationship between Miller and the extremely wealthy couple.
Miller is said to be friends with Alison, the wife of Alexander von Fürstenberg, 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 in April for a Miami Beach residential lot
The 1.5-acre lot overlooks Biscayne Bay and is located in one of Miami Beach’s most exclusive and affluent residential communities
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 Beverly Hills home.
Part of the reason Miller left Southampton, New York, after her husband’s death was likely because Crespi and her husband live in a $25 million mansion in Palm Beach, just over an hour’s drive from where she now lives in Miami Beach.
Miller’s life was turned upside down in July when her husband Brandon committed suicide at age 43 by inhaling carbon monoxide in the garage of his Hamptons home while she and her daughters were in Europe.
Reports have since emerged that she was aware of the mounting financial problems before she went on holiday, but that her husband had assured her that everything was under control.
Friends told The New York Times that Brandon Miller encouraged his wife to go on vacation by insisting everything was paid for.
According to legal documents, Brandon left behind nearly $34 million in debt and only had $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 lawsuits 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 various projects
He was found unconscious in the garage of the couple’s $15.5 million Hamptons home, which is now for sale.
In addition to the real estate debt, he had a sizable, unsecured $11.3 million loan from BMO Bank. He also owed more than $6 million to Donald Jaffe, a lender who had previously financed Brandon and his father on various projects. Jaffe is still pursuing legal action to collect the unpaid 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 related to his estate at 25 Cobb Isle Road in the Hamptons, which is now for sale for $15.5 million.
Now Miller has had to pick up the pieces. Her first move was to file a bail petition listing four outstanding loans on the property, including a $2 million mortgage from Titan Capital, which recently sued her for missed payments.
In his suicide note, Miller explained that a last-minute business deal had fallen through and he felt he could no longer get out of it.
Her saving grace could be found 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 a limited number of instances in which beneficiaries of a life insurance policy can receive a payout if the policyholder commits suicide.