Donald Trump's real-estate empire faces pressure as the sale of The Trump International Hotel in DC for $375M in 2022 proves prescient. The new owner, CGI, defaulted on a $285M loan after rebranding it to the Waldorf less than 2 years later.
This is an incredibly timed sale by Donald Trump... Trump sold The Trump International Hotel in DC for $375M at the peak of the market in 2022 Less than 2 yrs later, the new owner (CGI) just defaulted on a $285M loan related to the property after rebranding it to the Waldorf… https://t.co/ieuQen2cqu
Trump's Sale of D.C. Hotel Proved Prescient as New Owner Defaults on Loan https://t.co/Tka0Dytnhw
Great scoop from @tnovaksuntimes and @RobertHerguth on Jerry Reinsdorf buying up lots around the United Center. https://t.co/8h17Tsgee6
Trump’s Sale of D.C. Hotel Proved Prescient as New Owner Defaults on Loan @WSJ https://t.co/xkPYe52STs
As Donald Trump’s real-estate empire comes under pressure, one of its most recent sales looks particularly well timed https://t.co/c5nYJal2fq via @WSJ
As Donald Trump’s real-estate empire comes under pressure, one of its most recent sales looks particularly well-timed https://t.co/8Y4QP2eYC2 https://t.co/8Y4QP2eYC2