Agustin Maria Franco Macias was an owner of a Colorado company that paid $17 million total for four Vail condo units

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, paid a total of $17,050,000 to buy four condo units at Bridge Street Lodge condominiums in Vail Colorado.

The earliest purchase was $5,500,000 on May 24, 2001 (based on the documentary tax paid) for Unit 501 and a separate basement locker unit.

Bridge Street Investments later paid $2,200,000 for Unit 303 in 2007 and $9,350,000 for Units 402 and 403 in 2012.

Agustin Maria Franco Macias was an owner of Bridge Street Investments, LLC as of March 18, 2012 as shown by a document that became public in connection with the purchase of Units 402 and 403.

Bridge Street Investments, LLC paid $115,000 to the Bridge Street Lodge Condominium Association, Inc. to add area to units 501 and 403 on December 11, 2014.

Unit 501 sits directly above units 402 and 403 (see below).

Excerpt from the First Amended Condominium Plat for Bridge Street Lodge recorded in Eagle County on December 15, 2014.

Unit 501 and the basement locker unit were together valued at $5,020,040 for tax purposes as of August 30, 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.

Leave a Comment