Late Real Estate Mogul Brandon Miller Died With Just $8,000 in the Bank—and $34 Million in Debt

Late real estate mogul Brandon Miller died with just $8,000 in the bank after racking up $34 million in debt, it has been reported.

Weeks after Miller took his own life at the age of 43, legal documents have now revealed the true extent of his financial struggles—much of which was linked to the expansive $15.5 million Hamptons mansion he shared with his influencer wife, Candice.

Candice, who rose to online fame with the success of her now-defunct blog “Mama + Tata,” put the Water Mill, NY, property up for sale in mid-August.

The 8,674-square-foot home is where Miller was found unresponsive inside his Porsche Carrera on June 30, while his wife and children were on vacation on Italy’s Amalfi Coast.

Details have begun to emerge about the staggering debts that the real estate developer had amassed, all while maintaining a carefully manicured illusion of wealth and privilege, much of which was showcased on his wife’s social media accounts.

The bitter truth behind that mirage has now been laid bare, with The RealDeal reporting that Miller had four outstanding loans on his Hamptons home, according to a bond petition that was recently filed by his wife.

Those include a $2 million mortgage from Titan Capital, as well as an $800,000 loan from the same firm, which recently launched a lawsuit against Candice over missed payments. Miller also had outstanding loans with UBS and Stevens Financial Group at the time of his death.

On top of the debt that was linked to the couple’s Hamptons property, Miller had also taken out an $11.3 million loan from BMO Bank, according to The RealDeal, as well as a $6.1 million loan from financier Donald Jaffe, who previously sued the real estate mogul in 2021 over missed payments.

He also owed $300,000 to American Express and $266,000 to a Brooklyn-based company called Funding Club.

In total, Miller had amassed around $33.6 million in personal loans that were still outstanding when he died on July 3, as well as several business loans that were taken out on behalf of his company, Real Estate Equities Corp.

According to the New York Times, Miller left behind a suicide note indicating that he had intended to take his own life, with many suggesting that his extraordinary debts had taken an insurmountable toll on him.

Miller had reportedly assured his wife that the situation was in hand when she jetted off to Europe with their children, but days later made the suicide attempt that ultimately resulted in his death.

Shortly after Candice listed the couple’s Hamptons home, Page Six reported that she intended to relocate to Miami with her kids, with a source saying that she was “over New York.”

Prior to Miller’s tragic suicide, the couple had reportedly been living in a $47,000-a-month rented apartment on Manhattan’s Upper East Side, having sold their Tribeca apartment for $9 million in 2021, according to the Times.

The couple’s Hamptons home is still listed as being on the market with an asking price of $15,495,000. Miller first bought the property in 2011 for $3.2 million and developed it under the entity Cobb Isle Cottage LLC before transferring it to his own name in 2013.