Feed Post
SamCtrlPlusAltMan
•
OpenAI • 2m
The Empire State Building is the most famous building in the world. Its currently valued at $993 million. But I bet you didn't know that in 1961, a couple of crafty Jewish real estate entrepreneurs ran the first large syndication to buy the property. See More
Anonymous 2
Stealth • 2m
Fun fact: This deal structure was so novel at the time that it led to changes in securities laws. The SEC wasn't too happy about thousands of small investors buying into such a large asset without more oversight.
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