Houston-based attorney Paul Sternberg explores ‘hub and spoke’ ownership structures within commercial real estate investment
HOUSTON, TEXAS, UNITED STATES, October 25, 2018 /EINPresswire.com/ — An important consideration for owners of commercial real estate, or those looking to invest, the option to create a ‘hub and spoke’ ownership structure should not be overlooked, according to Houston-based Paul Sternberg. Attorney and real estate investor Sternberg reveals that, by establishing a ‘hub and spoke’ structure, property owners are largely insulated from personal liability, although the practice also boasts numerous other benefits.
“By forming a so-called ‘hub and spoke’ entity LLC—or limited liability corporation—structure, commercial property investors, further to protection from personal liability, are also able to streamline ownership requirements and reduce administrative costs,” suggests Paul Sternberg.
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