Published: Mon, April 23, 2018
Sci-tech | By Bennie Mills

Fox Talk Show Host Sean Hannity Is A Shrewd Real Estate Investor

Fox Talk Show Host Sean Hannity Is A Shrewd Real Estate Investor

Sean Hannity on Monday hit back at a report that links the Fox News host to a group of shell companies that bought more than 870 homes in seven states over the past 10 years, spending more than $90 million, with help from the U.S. Department of Housing and Urban Development.

Hannity also appeared to take issue with The Guardian's description of the LLCs used to purchase the properties as "shell companies". Hannity has acquired hundreds of properties, using shell companies, across the USA over the last decade.

Hannity also reportedly purchased discounted properties that had been involved in bank foreclosures, which on television and Twitter he blamed former President Barack Obama's policies for making increasingly common.

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According to the report, HUD recently increased Hannity's original $17.9 million mortgage for purchase in Georgia by an additional of $5 million. Hannity was outed as a Cohen client after a federal judge forced the disclosure two weeks ago.

When Hannity was named in court this week as the third client of President Donald Trump's beleaguered fixer Michael Cohen, the Fox News host insisted their relationship was limited to real estate. The public records show Hannity is the owner behind some of the shell companies, and Hannity's lawyer did not dispute that he owns all of them.

Hannity also railed against the state of public housing and made the false claim that home ownership was at a 51-year-low, the Guardian reported. "Mr Hannity is no different". The properties are located in Alabama, Florida, Georgia, New York, North Carolina, Texas, and Vermont.

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Hannity was widely criticized for not disclosing the relationship with Cohen on his program, where he blasted the investigation.

Hannity failed to disclose his relationship with Cohen, despite using his show to promote the president and defend Cohen multiple times.

Michael Avenatti, the lawyer for adult film actress Stormy Daniels who is now suing President Donald Trump and his lawyer Michael Cohen, said Sunday that Hannity's work with Cohen was likely "far more extensive" than the conservative media personality has let on.

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