District of Columbia

mahatmakanejeeves

(61,045 posts)

5. I didn't notice that the article referred to an earlier article in TWSJ.

Mon Nov 15, 2021, 07:40 AM

Nov 2021

Here is an excerpt from that.

I know; it's the lease he's selling, not the hotel. Take it up with TWSJ.

WSJ scoop: Donald Trump’s family has reached an agreement to sell the rights to its Washington, D.C., hotel for $375 million. New owner will take down TRUMP name and rebrand the luxury property as Waldorf Astoria https://wsj.com/articles/trumps-selling-prized-washington-d-c-hotel-for-375-million-11636923944?st=j8e112czb6mf3sh&reflink=desktopwebshare_twitter via
@WSJ

Link to tweet

WSJ NEWS EXCLUSIVE | REAL ESTATE

Trumps Selling Prized Washington, D.C., Hotel for $375 Million

CGI Merchant Group, a Miami-based investment firm, is in contract to acquire the hotel lease for the Trump International Hotel

By Craig Karmin
https://twitter.com/CraigKarmin
Craig.Karmin@wsj.com
Updated Nov. 14, 2021 8:43 pm ET

Donald Trump’s family hotel company has reached an agreement to sell the rights to its Washington, D.C., hotel for $375 million, according to people familiar with the matter.

CGI Merchant Group, a Miami-based investment firm, is in contract to acquire the hotel lease for the Trump International Hotel, which is located a short walk down Pennsylvania Avenue from the White House. CGI intends to remove the Trump name, and it has reached a deal with Hilton Worldwide Holdings Inc. to have the property branded and managed by Hilton’s Waldorf Astoria group, these people said.

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Highlight:

Trump's company to sell D.C. hotel lease for $375 million, report says [View all] mahatmakanejeeves Nov 2021 OP

Interesting where is the Federal Government on this lease... Historic NY Nov 2021 #1

Doing due diligence so as to not appear partisan. gab13by13 Nov 2021 #4

I thought he was selling it to Hilton? gab13by13 Nov 2021 #2

I didn't notice that the article referred to an earlier article in TWSJ. mahatmakanejeeves Nov 2021 #5

Trump's company to sell D.C. hotel lease for $375 million, report says Botany Nov 2021 #3

I used to have some of my IRA viva la Nov 2021 #6

Do you think the chumps are finally going to realize that he's not going to be president again? Walleye Nov 2021 #7

$375 million is more than enough to cover what he owes ⁦Deutsche Bank. mahatmakanejeeves Nov 2021 #8