Report Links Banco Master Owner to $85.2 Million Miami Mansion Bought Through Delaware LLC

Overview

• The Real Deal identifies Daniel Vorcaro as the true owner of a Bay Point waterfront mansion purchased in January for $85.2 million, setting a local record.
• Property records show the deed in the name of Goldbeach Properties LLC, a Delaware-registered company that does not publicly disclose its beneficial owners.
• A second property across the street reportedly sold in February for $6.9 million under the same structure, according to the U.S. outlet.
• The main residence on Sabal Palm Road is described as 1,900 m² with 11 bedrooms and appears to be undergoing work since the purchase.
• Brazilian outlets report Vorcaro is jailed with assets frozen, and no official disclosure has been made about the money used for the Miami acquisitions.