Colorado company connected to Agustin Franco Macias and Juan Fernando Franco Hernaiz paid $245,000 for single Vail parking unit: Part 1

Photo of 360 Gore Creek Drive in Vail, Colorado from the Eagle County Assessor’s Office

Bridge Street Investments, LLC, a Colorado limited liability company, paid $245,000 for Unit 14 at 360 Gore Creek Drive, also known as Founders Parking Garage, in Vail, Colorado in January 2015.

The parking garage unit has a size of .004 acres, equivalent to a square with slightly over 4 meters on each side, according to the Eagle County Assessor’s Office. The Founders Parking Garage is an enclosed heating building that is considered a prestigious location in Vail.

The unit was valued at $235,010 for tax purposes as of October 30, 2018.

Bridge Street Investments, LLC has also paid $23.7 million for five residential condo units in Vail from 2001 to 2017 which were the subject of earlier ChedrauiLeaks profiles:

  • 2001: $5,500,000 for Unit 501 at 278 Hanson Ranch Road
  • 2007: $2,200,000 for Unit 303 at 278 Hanson Ranch Road
  • 2012: $9,350,000 for Units 402 and 403 at 278 Hanson Ranch Road
  • 2017: $6,650,000 for Unit B at 356 Hanson Ranch Road

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 at 278 Hanson Ranch Road.

Juan Fernando Franco Hernaiz was an “agent” authorized to act on behalf of Bridge Street Investments in 2017 for the purchase of Unit B at 356 Hanson Ranch Road.

Agustin Maria Franco Macias is one of the members of the Mexican Council of Businessmen 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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