Thursday, 4 July 2019

The rise of the anonymous LLC: Tracing the history of the favorite property investment vehicle

For more than four years, nobody knew who bought the only $100 million apartment in Manhattan. Real estate agents and architects who worked with the buyer were all sworn to secrecy, according to the Wall Street Journal, and even after several rounds of building permit applications to renovate Michael Dell’s 11,000-square-foot penthouse at One57, the name of the billionaire behind “P89-90 LLC” only became known after a loose-lipped insider told a reporter. Since becoming legal […]



source https://therealdeal.com/issues_articles/the-rise-of-the-anonymous-llc/#new_tab

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