Fractional Ownership in Property Projects

[Athanas Radev]

Hello, our company has a core business not related to real estate, but with my CEO we will invest his property budget in various property projects via crowdfunding platforms with fractional ownership in development and value-add property projects. He will invest via an LLC, but as the purchasing memorandums of most of the crowdfunding platforms for RE does not allow to sell the LLC to another owner during the holding period of the projects, we would like to avoid this lack of liquidity by having another LLC owning the first one from the very begining. Our question is if we are going to be able to sell the second LLC during the holding period despite the purchasing memorandum does not allow that for the first LLC, which is directly owning the portions of the property project? What requirements should fullfil both LLC in order to enable us that? How and where to check that most effectively?