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Hamptons real estate mogul Brandon Miller died $34M in debt with just $8K in the bank: report

hamptons-real-estate-mogul-brandon-miller-died-$34m-in-debt-with-just-$8k-in-the-bank:-report
Hamptons real estate mogul Brandon Miller died $34M in debt with just $8K in the bank: report

Brandon Miller, the high-profile New York real estate developer who took his own life last month, was in even more dire financial straits than was initially revealed at the time of his death.

Miller, 43, who flaunted a high-flying Hamptons lifestyle bankrolled by millions of dollars in secret debt along with his influencer wife Candace, was nearly $34 million in the red, with just $8,000 in his bank account, TheRealDeal reports.

Brandon and Candace Miller
Brandon and Candace Miller portrayed the heads of an idyllic upper-crust family but it was all bankrolled by millions in debt. Joe Schildhorn/BFA.com/Shutterstock

Through Candace’s now-defunct lifestyle blog Mama + Tata, Miller presented a fairy-tale life for the world to see, playing the role of the lucky and affectionate head of an idyllic upper-crust family.

Candice — who palled around with the likes of Mary-Kate and Ashley Olsen, stylist Rachel Zoe and Ivanka Trump, as well as her cousin, Something Navy fashion blogger Arielle Charnas — inspired both envy and resentment for showing off what on the surface appeared to be a perfect life.

But in reality the family was living wildly beyond their means and massively overleveraged.

Some $11.5 million of Miller’s debt was from mortgages on the family’s Walter Mill estate — now on the market for $15.5 million — which were spread out across four different loans.

The biggest single outstanding debt was an unsecured $11.3 million loan from BMO Bank in Chicago. He also owed $6.1 million on an unsecured loan from Donald Jaffe, who had previously funded Miller and his father, Michael Miller, on several development projects.

He was in arrears to American Express for over $300,000, $266,000 to Brooklyn-based cash advance service Funding Club, and hundreds of thousands more to a variety of businesses and service providers.

Aerial view of a large Hamptons estate.
Miller was found unresponsive in his car in the garage of the couple’s 4,300 square foot Walter Mill estate and died a few days later at a local hospital. Google Earth

Miller was found unresponsive in his car in the garage of the family’s sprawling 4,300 square-foot Hamptons home and rushed to Stony Brook Southampton Hospital where he died a few days later.

At the time of his death a source told The Post he had been $17 million in debt, half of what it’s now known he owed.

Page Six recently learned that Candace and the couple’s two young daughters are picking up the pieces and moving to Miami to start a new life.

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