Has Anyone Raised Capital using Land Trusts & Assignment of Beneficial Interest ?

Example:

Securing Debt on a property with a 1st TD mortgage, held by a Land Trust.

Then, Having Interest in the Land Trust sold to other investors, via Partial Assignment of Beneficial Interest in the Land Trust.

Jack Shea talks about it also:

http://www.jackshearealestate.com/wp-content/uploa...

Below are samples of an Assignment of Beneficial Interest in a Land Trust which held a 2nd TD on a Fix&Flip in Sherman Oaks...