A reduced-profile New York Town-based lodge trader is the mystery consumer of the Beverly Hills hotel that the U.S. authorities offered in August, after seizing it from the fugitive Malaysian financier Jho Low.
EOS Investors LLC, a three-year aged agency that owns and manages about 20 accommodations, received the bidding approach and on Thursday finished its acquire of the Viceroy L’Ermitage Beverly Hills lodge, according to the organization and the auction’s broker. A product sales consultant had claimed previously that the profitable bid for the resort was $100 million, but he didn’t disclose the buyer’s id.
The sale marked the last of Mr. Low’s significant properties to be auctioned by federal authorities, who allege he acquired the resort and other assets with cash embezzled from a Malaysian government fund. U.S. and other authorities have formerly offered Mr. Low’s non-public jet, luxurious yacht, and his stake in the Park Lane Resort overlooking Manhattan’s Central Park, among the other belongings.
The L’Ermitage, an all-suite hotel found near the city’s posh Rodeo Travel, has attracted a lot of leisure moguls, international jet-setters, and movie stars above the decades like Elizabeth Taylor and Laurence Olivier.
It also drew prevalent fascination from a crowd of likely prospective buyers, stated Matthew Bordwin, principal at Keen-Summit Money Partners LLC, the agency that ran the revenue system. There had been about 800 potential consumers who expressed curiosity from all more than the world—“from each continent but Antarctica,” Mr. Bordwin said—and 50 bids for the hotel.