The FBI Raid Of Texas Real Estate Investor Nate Paul

This week, agents from the Federal Bureau of Investigation descended unannounced on the home and business of Nate Paul, a young Texas real estate investor who became known for buying up prominent real estate assets in the state capital of Austin. The FBI confirmed the raids to Forbes but declined to specify the nature of its search at Paul’s sprawling 9,175-square-foot Austin home or the downtown Austin offices of his World Class Holdings. Local media reported FBI agents were spotted leaving World Class’ offices with documents. Paul, 32, and World-Class Holdings, were the subject of a complimentary Forbes article in 2017, which described how Paul had snapped up commercial real estate in Austin, including valuable downtown locations and 3M’s 158-acre campus, and built a large self-storage company with 60 or so sites across the nation. Click to read more at www.forbes.com.