Agustin Maria Franco Macias was an owner of a Colorado company that paid $9 million for two Vail condos

Photo of 278 Hanson Ranch Road in Vail, Colorado from the Eagle County Assessor’s Office

Bridge Street Investments LLC, a Colorado Limited Liability Company, purchased units 402 and 403 and a storage unit at 278 Hanson Ranch Road in Vail, Colorado for $9,350,000 in April 2012.

Agustin Maria Franco Macias was a member of Bridge Street Investments LLC on March 18, 2012 when he signed a Power of Attorney. A “member” is an owner of a limited liability company under Colorado law (C.R.S. 7-80-102).

The Power of Attorney granted Juan Fernando Franco Hernaiz authority to execute documents on behalf of Bridge Street Investments LLC in connection with the units at 278 Hanson Ranch Road.

Signature of Agustin Maria Franco Macias on the power of attorney

The units were valued at $5,969,320 for tax purposes as of July 26, 2018.

Agustin Maria Franco Macias is one of the members of the Mexican Business Council who has met with Enrique Pena Nieto. Franco Macias served as chairman of the board of Grupo Infra as recently as February 2017 according to an Energy Ministry press release at the time. He was an independent director of Grupo Financiero Inbursa, S.A.B. de C.V. until July of 2017, when he was replaced by Agustín Franco Hernaiz.

Agustin’s brother Elmer Franco Macias has been on the board of Telmex since 1991.

Documents:

ChedrauiLeaks.org has noticed that the media in Mexico contains very little information about the business dealings and personal assets in the United States of what could be termed Mexican elites, wealthy business people and politicians. ChedrauiLeaks is not stating that members of the Chedraui family or its businesses had any involvement with Bridge Street Investments LLC or this condo unit.

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