Monday, November 15, 2021

Trump Organization to sell Washington DC hotel in $375m deal – reports

Hotel, which opened in 2016, lost $74m between that year and 2020 according to documents, and will likely be renamed The Trump Organization has reportedly agreed on a $375m deal to sell its hotel near the White House in Washington DC. The Wall Street Journal first reported the long-in-the-offing deal, with CGI Merchant Group, a real estate investment firm from Miami. Continue reading...