Why Is $120 Million Bethenny Frankel Getting A Mortgage?

Why Is $120 Million Bethenny Frankel Getting A Mortgage?

September 09, 2011Gossipwelove




Reality star, cookbook maven and margarita mama Bethenny Frankel wasn’t at all shy when she graced the cover of Forbesmagazine -- announcing that she had sold her Skinnygirl empire for a rumored $120 million.
However, the entrepeneurial reality star is trying to be much more discrete about how she financed her latest conquest: a New York apartment.
Legal documents uncovered showing Bethenny, 40, put down $2.7 million on the four-bedroom condo and borrowed $2.3 million from Bank of America -- in the form of a 30-year mortgage.
But more surprising is that neither Bethenny's name, nor her husband Jason Hoppy’s, appear anywhere on the documents, which were filed with the New York City Department of Finance.


Rather, the Real Housewives of New York City’s former assistant Molly signed all the paperwork.
Frankel closed on the TriBeCa digs in August; it's the same building where Jay-Z and Beyonce married in the penthouse in 2008.

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