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Real Estate

Won’t You Be Lloyd Blankfein’s Neighbor? You Can, for Just $260

  • Investors can buy slices of a condo at posh Miami Beach tower
  • App-based firm Compound selling up to 100,000 shares of unit
The view from the building in Miami Beach.
The view from the building in Miami Beach.Source: Compound

Most people can’t afford to own a home next to billionaire Lloyd Blankfein. Now, they can buy a sliver of one.

A one-bedroom condo on the same floor as Blankfein’s at a Miami Beach tower is being bought by Compound, a firm that slices its holdings into bite-size equity stakes and sells them off to everyday investors through its mobile app.