B
randon Miller's death by suicide last month was a tragic event that left behind a significant amount of debt. According to legal documents, he had approximately $34 million in debt, with about $11.5 million tied to mortgages on his Hamptons estate. His widow, Candice Miller, filed a bond petition in surrogate’s court, revealing that the Water Mill property at 25 Cobb Isle Road was put up for sale this month with an asking price of $15.5 million.

    Miller had four outstanding loans on the property, including an unsecured loan of $11.3 million from Chicago-based BMO Bank, which was his largest debt. He also owed Titan Capital $2 million on the property, as well as UBS and Stevens Financial Group. In addition to these secured loans, he also had unsecured debts totaling $6.1 million from Donald Jaffe, who funded several of his projects and sued him in 2019 for the unpaid balance on the loan. Jaffe is still trying to recover his investment.

    Other unsecured debts include over $300,000 owed to American Express and $266,000 to Funding Club, a Brooklyn-based cash advance lender. Despite these significant financial obligations, Miller left behind personal property worth approximately $330,000, which includes furniture, clothing, and personal items.

    Miller also owed money to several other entities, such as DIA Family Holdings ($1.6 million), tied to private investor Douglas Teitelbaum, and the Daniel Erlich Schmerin Revocable Trust ($85,000). It is important to note that these figures do not include loans he took out under his commercial real estate firm, Real Estate Equities Corporation, which may have been personally guaranteed.

    Miller's death on July 3 at Stony Brook Southampton Hospital marked the end of a complicated life filled with unfinished real estate projects and delinquent payments. His estate now faces the daunting task of paying off these substantial debts.