A low-profile New York City-based hotel investor is the mystery buyer of the Beverly Hills hotel that the U.S. government sold in August, after seizing it from the fugitive Malaysian financier Jho Low. EOS Investors LLC, a three-year old firm that owns and manages about 20 hotels, won the bidding process and on Thursday completed its purchase of the Viceroy L’Ermitage Beverly Hills hotel, according to the firm and the auction’s broker. A sales representative had said previously that the winning bid for the hotel was $100 million,...

Source: Wall Street Journal October 22, 2020 18:11 UTC