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left-of-center2012

(34,195 posts)
Wed Jan 19, 2022, 01:20 PM Jan 2022

Trump plans 2,300 new homes at struggling Doral resort

Donald Trump plans to build 2,300 luxury homes at his Doral golf resort in the Miami area, part of a flurry of recent moves to revive a family business suffering from the one-two punch of a divisive presidency and coronavirus shutdowns.

In a news release Monday,
the 45th president called the plans for his sprawling Trump National Doral resort
“perhaps the most exciting development in the country” but was short on details such as the size of the homes and what they may cost.

The Doral revenue has plunged more than by $33 million, down more than 40%, according to financial statements filed with a federal government ethics office.

As of last year, the Trump company had $125 million borrowed on the property.

https://apnews.com/article/business-lifestyle-donald-trump-858bd2086440ba65365e43d08535f0e8

15 replies = new reply since forum marked as read
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Trump plans 2,300 new homes at struggling Doral resort (Original Post) left-of-center2012 Jan 2022 OP
Can you imagine the HOA rules for this sh*thole... Thomas Hurt Jan 2022 #1
Must Fly T****p Flag Deep State Witch Jan 2022 #6
Must promise to slather gilt onto all lawn furniture. allegorical oracle Jan 2022 #14
Imagine all the foreign money that can be funneled through that property. TheRealNorth Jan 2022 #2
Oui! Mme. Defarge Jan 2022 #9
Potrumpkin Villas? tanyev Jan 2022 #3
👏🏽👏🏽👏🏽 blm Jan 2022 #7
Can You Imagine Deep State Witch Jan 2022 #4
And those builders better get a big deposit up front when he stiffs them out of paying them kimbutgar Jan 2022 #5
Hate to tell him snowybirdie Jan 2022 #8
Doubt the Russian mobsters mind TheRealNorth Jan 2022 #12
Exactly. Just possible that The Donald got grifted. allegorical oracle Jan 2022 #15
A great vehicle for money laundering. Ocelot II Jan 2022 #10
Anyone who does business with Trump will get what they deserve. lpbk2713 Jan 2022 #11
Interesting. I haven't heard about this. Dreampuff Jan 2022 #13

kimbutgar

(23,196 posts)
5. And those builders better get a big deposit up front when he stiffs them out of paying them
Wed Jan 19, 2022, 01:32 PM
Jan 2022

But I agree with an above poster “another money laundering scam” that will bilk those that invest or loan him the money.

snowybirdie

(5,602 posts)
8. Hate to tell him
Wed Jan 19, 2022, 02:04 PM
Jan 2022

But Doral is not in the best part of town. Strip joints, tattoo parlors, a very busy airport and low rent apartments. Don't think any folks looking for luxury homes would be interested.

Dreampuff

(778 posts)
13. Interesting. I haven't heard about this.
Thu Jan 20, 2022, 07:34 AM
Jan 2022

We have a relative who lived in one of his condo developments in Hollywood, Florida. This was at least 20 years ago and the HOA fee was $900 per month and I would hate to guess what it is now. It seemed really expensive to us because of course, that didn't even include the mortgage on the condo unit.

No matter what he does, it will be unaffordable for a huge majority of us. Not like I would personally be interested in living in that crook's place and any construction company who takes him on as a customer deserves what they get. I pity the first few who got screwed over by him, but it's pretty common knowledge that he doesn't pay his bills.

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